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May 6, 2022 (Date)REQUEST FOR QUOTATION 202205896 (SVP Food and Accommodation) INSTRUCTIONS:1. Bidders are required to read the instructions and fill all the blanks properly. 2. Prospective Bidders/Suppliers
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How to fill out request for quotation

How to fill out request for quotation
01
Start by clearly outlining your requirements and specifications for the product or service you are seeking.
02
Research potential suppliers who can fulfill your needs and gather their contact information.
03
Create a formal Request for Quotation (RFQ) document that includes your requirements, specifications, and any terms and conditions.
04
Send the RFQ document to the selected suppliers via email or through a procurement platform.
05
Allow sufficient time for suppliers to review the RFQ, ask any clarifying questions, and submit their quotations.
06
Evaluate the received quotations based on price, quality, delivery terms, and other relevant factors before making a decision.
Who needs request for quotation?
01
Businesses or organizations looking to purchase goods or services from suppliers.
02
Procurement professionals responsible for sourcing and purchasing products for their company.
03
Government agencies, non-profit organizations, and educational institutions seeking competitive bids for projects or contracts.
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What is request for quotation?
A request for quotation (RFQ) is a document that an organization or a buyer uses to solicit price and availability information from suppliers for specific goods or services.
Who is required to file request for quotation?
Typically, organizations, businesses, or individuals seeking to purchase goods or services in a competitive environment are required to file a request for quotation.
How to fill out request for quotation?
To fill out a request for quotation, you should include details such as a description of the goods or services required, quantity needed, delivery expectations, and any specific terms and conditions.
What is the purpose of request for quotation?
The purpose of an RFQ is to obtain pricing and terms from multiple suppliers to ensure competitive procurement and informed decision-making.
What information must be reported on request for quotation?
An RFQ must report information such as item descriptions, quantities, delivery dates, payment terms, and any specifications or requirements related to the goods or services.
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