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REQUEST FOR QUOTATION (RFQ) Goods / Services DATE: 29 March 2022 GCF REFERENCE: RFQ/2022/010Dear Sir / Madam: We kindly request you to submit your quotation for Consulting Service Interview Training
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How to fill out request for quotation rfq

01
Start by identifying the products or services you need to procure.
02
Create a detailed description of the requirements, including quantities, specifications, and any other relevant information.
03
Research potential suppliers and compile a list of vendors to send the RFQ to.
04
Draft the RFQ document, including a cover letter, terms and conditions, and any specific requirements or deadlines.
05
Send the RFQ to the selected vendors and wait for their responses.
06
Evaluate the received quotations based on price, quality, delivery terms, and other factors.
07
Select the best-suited supplier based on the evaluation criteria and negotiate terms if necessary.
08
Issue a purchase order to the chosen supplier and track the fulfillment of the order.

Who needs request for quotation rfq?

01
Any organization or individual looking to procure goods or services from external vendors can benefit from using a request for quotation (RFQ).
02
RFQs are commonly used by procurement departments in businesses, government agencies, non-profit organizations, and other entities that need to source materials, products, or services from suppliers.
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Request for Quotation (RFQ) is a document used in the procurement process to invite suppliers to submit a bid for the supply of goods or services.
The procurement department or purchasing team within an organization is typically responsible for filing a Request for Quotation (RFQ).
To fill out a Request for Quotation (RFQ), the procurement team must specify the requirements, describe the goods or services needed, set a deadline for submissions, and provide contact information.
The purpose of a Request for Quotation (RFQ) is to gather competitive bids from suppliers, compare pricing and services offered, and select the best supplier to fulfill a specific procurement need.
The Request for Quotation (RFQ) should include details such as the scope of work, technical specifications, quantities required, delivery schedule, terms and conditions, and evaluation criteria.
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