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City of Jo burg Property Company SOC Ltd. Supply Chain ManagementCLOSED REQUEST FOR QUOTATION NAME OF SERVICE PROVIDER: ___ REQUEST FOR QUOTATIONS FOR GOODS AND SERVICES AT PC N.B. THIS REQUEST FOR

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How to fill out closed request for quotation

01

Gather all necessary information such as product specifications, quantities needed, required delivery dates, and any special instructions.

02

Identify potential suppliers who can fulfill the requirements of the request for quotation.

03

Create a formal document detailing the request for quotation, including all relevant information.

04

Send the request for quotation to the selected suppliers and set a deadline for responses.

05

Review the received quotations and select the best offer based on price, quality, and delivery terms.

06

Notify the chosen supplier and begin negotiations on finalizing the purchase agreement.

Who needs closed request for quotation?

01

Businesses looking to purchase goods or services from external suppliers.

02

Procurement professionals responsible for sourcing and purchasing products for their organization.

03

Project managers seeking competitive pricing for project materials and services.

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What is closed request for quotation?

Closed request for quotation is a procurement process where the buyer invites selected suppliers to submit price quotes for a specific product or service.

Who is required to file closed request for quotation?

Buyers or procurement officers are required to file closed request for quotation.

How to fill out closed request for quotation?

To fill out a closed request for quotation, the buyer must specify the product or service needed, set a deadline for submissions, and distribute the request to selected suppliers.

What is the purpose of closed request for quotation?

The purpose of closed request for quotation is to gather competitive price quotes from pre-selected suppliers for a specific procurement need.

What information must be reported on closed request for quotation?

Closed request for quotation must include details of the product or service required, submission deadline, evaluation criteria, and terms and conditions.

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