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F. No.PI/NAHEP/CAAST DFS RDA/Quot/ 140 /2020Date: 15/ 09 /2020To, ___ ___ ___ Dear Sir, Subject: INVITATION OF QUOTATION FOR SUPPLY OF EQUIPMENT NEEDED TO DESIGN AND FABRICATE MECHANICAL, HYDRAULIC
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How to fill out invitation of quotation for

01
Fill out the customer information section with your company name, address, contact person, and phone number.
02
Describe the goods or services you are looking to purchase in detail, including specifications, quantities, and any special requirements.
03
Specify the delivery date or timeline you require for the goods or services.
04
Include any terms and conditions you have for the quotation, such as payment terms, warranties, or service agreements.
05
Sign and date the invitation of quotation before sending it out to potential suppliers.

Who needs invitation of quotation for?

01
Companies or organizations looking to purchase goods or services from suppliers.
02
Procurement departments or purchasing managers responsible for sourcing and selecting suppliers.
03
Any entity that wants to request competitive pricing and proposals from multiple suppliers.
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An invitation of quotation is a formal request issued by a buyer to suppliers to submit their prices and terms for specific goods or services.
Individuals or organizations that are procuring goods or services and seek competitive pricing from various suppliers are required to file an invitation of quotation.
To fill out an invitation of quotation, include essential details such as item descriptions, quantities, required delivery dates, and any specific terms or conditions influencing the purchase.
The purpose of an invitation of quotation is to ensure that buyers receive competitive offers from suppliers to make informed purchasing decisions and obtain the best value.
The invitation of quotation must report information such as the buyer's contact details, descriptions of the required goods or services, quantity, delivery requirements, and any applicable terms and conditions.
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