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REQUEST FOR QUOTATION (RFQ) Department: Facilities Requisition No.: 143602169Deliver Completed Bid to: Tennessee Tech University Purchasing and Contracts Office Dewberry Hall, Suite 301 Box 5144,

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How to fill out purchasing and contracts

01

Determine the needs of the organization and specify the goods or services required.

02

Identify potential suppliers or service providers through research and solicitation of quotes.

03

Review the terms and conditions of the contract, including pricing, delivery schedules, and payment terms.

04

Negotiate with the suppliers to reach an agreement that is beneficial for both parties.

05

Document the agreement in a formal contract, ensuring all terms and conditions are clearly outlined.

06

Monitor and evaluate the performance of the suppliers to ensure compliance with the contract terms.

Who needs purchasing and contracts?

01

Any organization or business that regularly procures goods or services from external suppliers needs purchasing and contracts. This includes small businesses, large corporations, non-profit organizations, government agencies, and educational institutions.

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What is purchasing and contracts?

Purchasing and contracts involve the process of buying goods or services and establishing agreements for the provision of those goods or services.

Who is required to file purchasing and contracts?

Entities, organizations or individuals involved in procurement or contracting activities are required to file purchasing and contracts.

How to fill out purchasing and contracts?

Purchasing and contracts can be filled out by providing detailed information about the procurement process, terms of agreement, and vendor details.

What is the purpose of purchasing and contracts?

The purpose of purchasing and contracts is to ensure that goods or services are acquired in a cost-effective, timely and legally compliant manner.

What information must be reported on purchasing and contracts?

Information such as vendor details, contract terms, pricing, and delivery schedules must be reported on purchasing and contracts.

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