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REQUEST FOR QUOTATION Date Project Title : February 23, 2011 : Rental of Commercial Space with a Leased Area of 1,069 ITB No. Approved Budget : 02032011HYA : Php129,306,240.00 (VAT Exclusive, Decorated
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How to fill out request for quotation

How to fill out a request for quotation:
01
Start by gathering all the necessary information about the product or service you need. This includes specifications, quantities, and any special requirements.
02
Identify potential suppliers or vendors who can provide the product or service. You can do this through online research, referrals, or industry directories.
03
Contact the selected suppliers and provide them with the necessary details about your request. This can be done through email, phone calls, or online forms.
04
Clearly state the purpose of your inquiry and mention that you are requesting a quotation. Be specific about the desired delivery date or any other important factors that may affect your decision.
05
Ask for a detailed breakdown of the costs involved, including the price per unit, any applicable taxes or fees, and the payment terms.
06
If necessary, provide any additional information or documents that may facilitate the suppliers' understanding of your request.
07
Set a deadline for receiving the quotations and specify how the suppliers should submit their offers (email, fax, etc.).
08
Evaluate the received quotations based on factors such as price, quality, reputation, and delivery time. Compare the offers to determine the most suitable supplier.
09
Once you have chosen a supplier, communicate your decision to them and negotiate any final details or terms if needed.
10
Finally, formalize the agreement by signing a contract or purchase order with the chosen supplier.
Who needs a request for quotation?
01
Any individual or business seeking to purchase products or services in a competitive market.
02
Companies or organizations looking to compare prices and quality from different suppliers before making a purchasing decision.
03
Procurement and purchasing departments within companies that need to follow a formal process to acquire goods or services at the best possible terms and conditions.
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What is request for quotation?
Request for quotation is a document used in procurement processes to solicit price quotes from suppliers or vendors for the purchase of goods or services.
Who is required to file request for quotation?
Individuals or organizations looking to purchase goods or services from suppliers or vendors are required to file request for quotation.
How to fill out request for quotation?
To fill out a request for quotation, you typically need to provide details about the goods or services you require, quantity, specifications, delivery terms, and any other relevant information.
What is the purpose of request for quotation?
The purpose of request for quotation is to gather price quotes from suppliers or vendors in order to compare offers and select the most suitable one for purchase.
What information must be reported on request for quotation?
Information such as goods or services required, quantity, specifications, delivery terms, deadline for submission, contact information, and any other relevant details must be reported on request for quotation.
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