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REQUEST FOR FORMAL WRITTEN PRICE QUOTATION SERVICES Requirements between R 30,000 (incl VAT) and R 200,000 (incl VAT) QUOTATION NUMBER: WEB 1: 2022/2023 QUOTATION TITLE: APPOINTMENT OF A SERVICE PROVIDER
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How to fill out how to use rfq

01
Start by understanding the purpose of RFQ (Request for Quotation) and the information required to fill it out.
02
Gather all the necessary details such as product/service specifications, quantities needed, delivery timelines, and any other specific requirements.
03
Reach out to potential suppliers or vendors and request for their quotations based on the information gathered.
04
Evaluate the received quotations based on prices, quality, delivery terms, and other relevant factors.
05
Select the most suitable quotation and communicate with the vendor for further negotiations or clarifications if needed.
06
finalise the RFQ by signing the agreement with the chosen vendor and confirming the terms and conditions.

Who needs how to use rfq?

01
Businesses looking to procure goods or services from external suppliers
02
Procurement professionals responsible for sourcing and purchasing activities within an organisation
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RFQ stands for Request for Quotation. It is a document used in procurement which invites suppliers to submit a bid for the supply of goods or services.
Any organization looking to purchase goods or services from suppliers.
A RFQ typically includes information such as the quantity of goods or services required, technical specifications, delivery requirements, and pricing information.
The purpose of a RFQ is to request pricing information from suppliers in order to make an informed purchasing decision.
Information such as the buyer's contact details, product or service specifications, quantity required, delivery requirements, and pricing information.
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