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REQUEST FOR QUOTATIONS Procurement of Goods under RFQ/Shopping ProceduresPurchaser: Meghalaya Basin Management Agency (BMA) Contract title: Procurement of Office Equipment for UAV & GIS RFQ No: BMA/CLAMP/72/202122/GD64/264

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How to fill out request for quotation rfq

01

Gather all necessary information including item description, quantity needed, required delivery date, and any specific requirements.

02

Identify potential suppliers who can provide the products or services you need.

03

Create a RFQ document detailing the information gathered and send it to the selected suppliers.

04

Review the received quotations and compare them based on price, quality, and other factors.

05

Negotiate with the suppliers if needed and select the best offer.

06

Confirm the order with the chosen supplier and follow up to ensure timely delivery.

Who needs request for quotation rfq?

01

Businesses or organizations looking to purchase products or services from suppliers in a competitive and transparent manner.

02

Procurement professionals responsible for sourcing goods and services for their company.

03

Manufacturers or service providers seeking to expand their customer base by responding to RFQs.

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What is request for quotation rfq?

A Request for Quotation (RFQ) is a document used by organizations to invite suppliers to submit price proposals for specific goods or services. It generally includes details about the items needed, the quantities, and the deadline for submitting quotes.

Who is required to file request for quotation rfq?

Organizations or businesses seeking to procure goods or services from suppliers are required to file an RFQ. This is common in both the public and private sectors, particularly when large purchases are involved.

How to fill out request for quotation rfq?

To fill out an RFQ, one should start by clearly defining the specifications of the goods or services needed, including quantities and delivery requirements. Next, include terms and conditions, deadlines for submission, and any evaluation criteria. Finally, ensure that the document is structured clearly and concisely.

What is the purpose of request for quotation rfq?

The purpose of an RFQ is to gather price quotations from potential suppliers to ensure that the organization can procure goods or services at competitive prices while ensuring quality and compliance with specifications.

What information must be reported on request for quotation rfq?

An RFQ must report the description of the goods or services required, quantities, delivery schedule, payment terms, and any evaluation criteria for selecting the supplier. It may also include terms and conditions applicable to the contract.

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