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PRICE QUOTATION NO: HO520/210177 QUOTATION FOR THE APPOINTMENT OF A SUITABLY QUALIFIED SERVICE PROVIDER TO PROVIDE STRATEGIC TRAINING TO THE RISK & ETHICS MANAGEMENT COMMITTEE MEMBERS AS PER SPECIFICATION
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How to fill out closed request for quotations

01
Gather all necessary information such as item specifications, quantities needed, desired delivery date, etc.
02
Create a standardized template for the request for quotations including all the necessary details.
03
Identify potential suppliers or vendors who can fulfill the request.
04
Send out the request for quotations to the selected suppliers with a deadline for responses.
05
Evaluate the quotations received based on factors like price, quality, reputation of the supplier, etc.
06
Select the best quotation and communicate with the supplier for further details or negotiations if needed.
07
Close the request for quotations by awarding the contract or purchase order to the chosen supplier.

Who needs closed request for quotations?

01
Businesses or organizations looking to procure goods or services from external suppliers.
02
Government agencies or departments seeking competitive bids for public projects.
03
Non-profit organizations requesting pricing information from vendors for fundraising events or activities.
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A closed request for quotations is a formal solicitation process where a buyer invites a limited number of suppliers to submit bids or quotations for specific goods or services.
Typically, businesses or organizations seeking to procure goods or services in a competitive manner are required to file a closed request for quotations.
To fill out a closed request for quotations, you generally include detailed specifications of the goods or services needed, your organization’s requirements, submission deadlines, and any evaluation criteria.
The purpose of a closed request for quotations is to obtain competitive pricing from selected suppliers while ensuring that the procurement process is controlled and directed.
Information that must be reported includes the project or procurement details, supplier requirements, submission instructions, and criteria for selection.
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