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Request for Quotation (RFQ) for Procurement of IT EquipmentsTender Ref No.: IH MCL/Procurement/Equipments/2021/01 Date: 22 November 2021INDIAN HIGHWAYS MANAGEMENT COMPANY LTD.(a company promoted by

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How to fill out request for quotation rfq

01

Gather all necessary information about the products or services you need to request a quotation for.

02

Identify potential suppliers or vendors that you want to send the RFQ to.

03

Create a clear and detailed RFQ document that includes specifications, quantities, delivery requirements, and any other relevant information.

04

Send the RFQ to the selected suppliers and vendors through email or an online RFQ platform.

05

Review and compare the received quotations based on price, quality, delivery time, and other factors.

06

Select the best offer and negotiate further if needed before making a final decision.

Who needs request for quotation rfq?

01

Businesses or organizations looking to purchase products or services from suppliers or vendors.

02

Procurement departments or professionals responsible for sourcing and purchasing goods and services.

03

Manufacturers or distributors seeking competitive pricing and terms from suppliers.

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What is request for quotation rfq?

Request for Quotation (RFQ) is a document used in procurement to invite suppliers to submit a quote for the supply of goods or services.

Who is required to file request for quotation rfq?

Any organization or individual looking to procure goods or services from suppliers is required to file a request for quotation RFQ.

How to fill out request for quotation rfq?

To fill out a request for quotation RFQ, one must include details about the required goods or services, delivery requirements, terms and conditions, and any other specific instructions for suppliers to follow when submitting quotes.

What is the purpose of request for quotation rfq?

The purpose of request for quotation RFQ is to gather competitive quotes from suppliers to ensure the best value for goods or services being procured.

What information must be reported on request for quotation rfq?

Information such as description of goods or services required, delivery schedule, pricing requirements, terms and conditions, and evaluation criteria must be reported on request for quotation RFQ.

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