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NATIONAL POWER CORPORATION REQUEST FOR QUOTATION (SHOPPING52 .1 b)July 11, 2022, Sir/Madam: Please provide us with your best quotation for the items as specified in the Terms of Reference (TOR) for

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How to fill out request for quotation rfq

01

Identify the goods or services you need to procure.

02

Determine the quantity needed and any specific requirements.

03

Research potential suppliers and obtain their contact information.

04

Create a detailed RFQ document outlining the requirements, specifications, and terms.

05

Send the RFQ to the selected suppliers and request for their quotations.

06

Review and evaluate the received quotations based on price, quality, and other factors.

07

Select the best offer and negotiate any additional terms if necessary.

08

Issue a purchase order to the chosen supplier based on the agreed terms.

Who needs request for quotation rfq?

01

Businesses looking to procure goods or services from external suppliers.

02

Organizations seeking competitive pricing and quality offerings from vendors.

03

Purchasing departments or procurement professionals responsible for sourcing and acquiring needed items.

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What is request for quotation rfq?

RFQ is a document used in procurement to invite suppliers to submit a bid for the supply of goods or services.

Who is required to file request for quotation rfq?

Typically, procurement or purchasing departments within an organization are responsible for filing RFQs.

How to fill out request for quotation rfq?

RFQs are usually filled out by specifying the requirements, quantity needed, delivery terms, and any other relevant information for potential suppliers to submit their bids.

What is the purpose of request for quotation rfq?

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

What information must be reported on request for quotation rfq?

RFQs typically include details about the products or services required, quantity needed, delivery dates, terms and conditions, and evaluation criteria for selecting a supplier.

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