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FPU.SF19.03REQUEST FOR QUOTATION (RFQ) AND GENERAL INSTRUCTION TO CONTRACTORS (GIG)1 To : Project: Ref. No.: Date :Eligible Contractors Proposed Remodeling of MAC Building at No. 3, Joel Ogunnaike

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How to fill out request for quotation rfq

01

Gather all necessary information about the product or service being requested

02

Create a formal document with details such as quantity, specifications, delivery requirements, and terms and conditions

03

Send the RFQ to multiple potential suppliers for competitive pricing and responses

04

Review and compare the received quotations from suppliers

05

Select the supplier that best meets the requirements and negotiate final terms if needed

Who needs request for quotation rfq?

01

Businesses looking to procure goods or services at competitive prices

02

Manufacturers or suppliers looking to provide pricing for specific products or services

03

Any organization or individual seeking bids for a specific project or purchase

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What is request for quotation rfq?

RFQ is a document used in procurement to invite suppliers to bid on specific products or services.

Who is required to file request for quotation rfq?

Typically, procurement or purchasing departments within an organization are responsible for filing RFQs.

How to fill out request for quotation rfq?

RFQs are typically filled out by specifying the requirements for the products or services needed, along with any terms and conditions.

What is the purpose of request for quotation rfq?

The purpose of an RFQ is to gather competitive bids from suppliers in order to select the best offer for the required products or services.

What information must be reported on request for quotation rfq?

RFQs typically include information such as the quantity of products or services needed, specifications, delivery requirements, and terms of payment.

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