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City of Jo burg Property Company SOC Ltd. Supply Chain ManagementOPEN REQUEST FOR QUOTATION PROCESS NAME OF SERVICE PROVIDER: ___ REQUEST FOR QUOTATIONS FOR GOODS AND SERVICES AT CPC requests your

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How to fill out open request for quotation

01

Identify the requirements for the product or service you need.

02

Prepare a clear description of the requirements including specifications, quantities, and any other relevant details.

03

Research potential suppliers who can provide the product or service.

04

Send out a request for quotation (RFQ) to the identified suppliers, specifying the deadline for submission.

05

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

06

Select the most suitable supplier based on the evaluation and negotiate the terms of the contract.

Who needs open request for quotation?

01

Businesses looking to purchase goods or services from suppliers.

02

Organizations seeking competitive pricing for their procurement needs.

03

Companies wanting to engage with multiple suppliers to explore options and make informed decisions.

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What is open request for quotation?

Open request for quotation is a procurement method used by organizations to gather quotes from multiple suppliers for goods or services.

Who is required to file open request for quotation?

Any organization or individual looking to purchase goods or services from suppliers is required to file an open request for quotation.

How to fill out open request for quotation?

To fill out an open request for quotation, one must specify the goods or services needed, provide a description, set a deadline for submissions, and include any terms and conditions.

What is the purpose of open request for quotation?

The purpose of an open request for quotation is to obtain competitive quotes from suppliers to ensure the best value for the goods or services being purchased.

What information must be reported on open request for quotation?

The open request for quotation must include details such as the quantity of goods or services needed, delivery requirements, pricing information, and any terms and conditions.

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