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RFQ No. IPA/RFQ/010/2022Innovations for Poverty Action Bangladesh (IPA)Request For Quotation (RFQ) Reference No. IPA/RFQ/010/2022Vehicle RentalsIssue Date: February 26, 2022Page 1 of 6RFQ No. IPA/RFQ/010/2022Synopsis
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Gather all necessary information about the product or service you need to purchase.
02
Create a detailed description of the items or services required, including quantities, specifications, and any special requirements.
03
Research and identify potential suppliers or vendors that can meet your needs.
04
Contact the suppliers and send them the RFQ document, outlining the requirements and asking for a quote.
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Evaluate the quotes received and select the best supplier based on price, quality, and other factors.
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Negotiate the terms and finalize the purchase agreement with the selected supplier.

Who needs request for quotation rfq?

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Businesses or organizations looking to purchase goods or services from suppliers or vendors.
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Procurement professionals responsible for sourcing and purchasing products for their company.
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Manufacturers or service providers seeking competitive bids for their offerings.
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RFQ is a document used in procurement to invite suppliers to submit a bid for the supply of goods or services.
Typically, procurement or purchasing departments within an organization are responsible for filing RFQs.
RFQs are usually filled out by detailing the requirements for the goods or services needed, including quantities, specifications, and delivery terms.
The purpose of an RFQ is to gather competitive bids from suppliers to ensure the best price and terms for the organization.
Information such as the description of goods or services required, quantities, delivery dates, terms and conditions, and evaluation criteria.
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