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REQUEST FOR QUOTATION You are invited by the Development Bank of the Philippines to submit a tender for Sketch Up Licenses Subscription SVP202151 Approved Budget for the Contract: P364,000.00, inclusive
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How to fill out request for quotation
How to fill out request for quotation
01
Obtain the necessary details of the products or services you are looking to procure.
02
Identify potential suppliers who can provide the products or services.
03
Draft a request for quotation document including specifications, quantities, delivery requirements, and any other relevant details.
04
Send the request for quotation document to the selected suppliers.
05
Review the quotations received from suppliers and compare them based on pricing, quality, and other factors.
06
Make a decision on the supplier to award the contract based on the quotations received.
Who needs request for quotation?
01
Companies or organizations looking to procure products or services from suppliers.
02
Procurement professionals responsible for sourcing and purchasing goods or services.
03
Anyone looking to get pricing information from suppliers for budgeting or planning purposes.
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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 bid for the supply of goods or services.
Who is required to file request for quotation?
Typically, procurement or purchasing departments within an organization are responsible for filing request for quotation.
How to fill out request for quotation?
Request for Quotation is usually filled out by specifying the requirements for the desired goods or services, including quantity, quality standards, delivery terms, and any other relevant information.
What is the purpose of request for quotation?
The purpose of request for quotation is to gather competitive bids from suppliers in order to select the best offer for the procurement of goods or services.
What information must be reported on request for quotation?
Information such as the description of goods or services required, quantity needed, delivery requirements, quality standards, payment terms, and any other specific requirements should be reported on request for quotation.
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