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Divisional Railway Managers office Commercial Dept., Mumbai Division, Western Railway, Mumbai Central, Mumbai400008. Notice No. CA /11/Quotation/Hoardings/2019/18Date:13.09.2019Notice Inviting Quotation

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How to fill out notice inviting quotation niq

01

Review the requirements and specifications for the goods or services needed.

02

Prepare a formal document outlining the details of the request for quotation (RFQ), including the scope of work, quantities needed, delivery requirements, and evaluation criteria.

03

Include a deadline for submission of quotations and instructions on how to submit the quotation.

04

Clearly state any terms and conditions that vendors must adhere to in order to be considered for the contract.

05

Distribute the notice inviting quotation to potential vendors through appropriate channels, such as email, procurement portals, or direct mail.

06

Answer any questions or clarifications from vendors regarding the RFQ in a timely manner.

07

Collect and review the quotations submitted by vendors before making a decision on awarding the contract.

Who needs notice inviting quotation niq?

01

Government agencies and departments looking to procure goods or services from external vendors.

02

Private organizations seeking competitive bids for a specific project or purchase.

03

Non-profit organizations soliciting quotes for a service or product they require.

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What is notice inviting quotation niq?

Notice Inviting Quotation (NIQ) is a document issued by an organization to solicit competitive bids/quotation for the procurement of goods or services.

Who is required to file notice inviting quotation niq?

Any organization or entity looking to procure goods or services through a competitive bidding process is required to file a Notice Inviting Quotation (NIQ).

How to fill out notice inviting quotation niq?

To fill out Notice Inviting Quotation (NIQ), the organization needs to include details such as the description of the goods/services required, the terms and conditions of the bidding process, and the deadline for submission of bids/quotation.

What is the purpose of notice inviting quotation niq?

The purpose of Notice Inviting Quotation (NIQ) is to invite competitive bids/quotation from potential suppliers/service providers to ensure transparency and fairness in the procurement process.

What information must be reported on notice inviting quotation niq?

The Notice Inviting Quotation (NIQ) must include details such as the name and address of the organization, a brief description of the goods/services required, the deadline for submission of bids, contact information, and any terms and conditions of the bidding process.

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