Get the free Request for Quotation - Kalinga State University
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Ceiling State University PROCUREMENT MANAGEMENT OFFICE Request for Quotation Title: Name of Contract: Location of Contract: Endured Unit: Implementing Unit: Period of Advertisement: Instructions to
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How to fill out request for quotation
How to fill out request for quotation
01
Start by gathering all the necessary information about the product or service you are requesting a quotation for.
02
Contact potential suppliers and provide them with the detailed specifications of your requirements.
03
Clearly state the quantity of the product or service needed and any specific deadlines that need to be met.
04
Request for a detailed breakdown of costs including prices, taxes, shipping fees, and any other relevant charges.
05
Review the quotations received and evaluate them based on key factors such as price, quality, and reliability of the supplier.
06
Select the most suitable quotation and negotiate further if needed before finalizing the agreement.
Who needs request for quotation?
01
Any individual or business looking to purchase a product or service from suppliers.
02
Procurement departments of companies that need to compare prices and terms from different suppliers.
03
Business owners who want to ensure they are getting the best deal on their purchases.
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What is request for quotation?
Request for Quotation (RFQ) is a document used in the procurement process to invite suppliers to submit a quotation for the supply of goods or services.
Who is required to file request for quotation?
The procurement or purchasing department in an organization is typically responsible for filing the request for quotation.
How to fill out request for quotation?
To fill out a request for quotation, you need to mention the details of the goods or services required, the terms and conditions, the deadline for submission, and any other specific requirements.
What is the purpose of request for quotation?
The purpose of a request for quotation is to gather competitive bids from suppliers in order to compare prices, terms, and quality of goods or services before making a purchase decision.
What information must be reported on request for quotation?
Information such as the description of goods or services required, quantity, delivery terms, payment terms, and any technical specifications must be reported on a request for quotation.
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