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REQUEST FOR QUOTATION Date Project Title ITB No.: November 3, 2022 : Supply and Delivery of Two (2) Lots Food Supplies, Baked Products and Pastries (Lot No.2: Baked Products and Pastries) : FB2206004WINb10Approved

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How to fill out request for quotation

01

Gather all necessary information such as product specifications, quantities needed, delivery timeline, etc.

02

Identify potential suppliers who can fulfill your requirements.

03

Create a request for quotation document that clearly outlines your requirements and expectations.

04

Send the request for quotation to the selected suppliers via email or through an online portal.

05

Review the received quotations and compare them based on pricing, quality, delivery terms, etc.

06

Negotiate with the suppliers if needed to finalize the terms and conditions.

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Select the best offer and confirm the order with the chosen supplier.

Who needs request for quotation?

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Businesses looking to purchase goods or services from suppliers.

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Manufacturers in need of raw materials or components for production.

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What is request for quotation?

A request for quotation (RFQ) is a document used in procurement processes to invite suppliers to submit a bid on specific products 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?

To fill out request for quotation, you need to include details such as the product or service required, quantity, specifications, delivery requirements, and any other relevant information for potential suppliers to submit their quotes.

What is the purpose of request for quotation?

The purpose of request for quotation is to gather competitive bids from suppliers, compare pricing and terms, and ultimately select the best supplier to fulfill the procurement needs.

What information must be reported on request for quotation?

Information such as product or service details, quantity, specifications, delivery requirements, terms and conditions, and any other relevant information for suppliers to provide accurate quotes.

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