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REQUEST FOR QUOTATIONS (RFQ)Preference Points System IN ACCORDANCE WITH PREFERENTIAL PROCUREMENT POLICY FRAMEWORK ACT, 2000 AND PREFERENTIAL PROCUREMENT REGULATIONS 2017, THIS REQUEST IS SUBJECT TO
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How to fill out 1 request for quotations

01
Identify the product or service you need to procure.
02
Research potential suppliers or vendors that can provide the product or service.
03
Draft a request for quotations (RFQ) document detailing your requirements and expectations.
04
Send the RFQ document to the selected suppliers or vendors.
05
Review the quotations received and compare them based on price, quality, and other relevant factors.
06
Select the supplier or vendor that best meets your needs and negotiate the final terms of the contract.
07
Formalize the agreement and proceed with the procurement process.

Who needs 1 request for quotations?

01
Businesses looking to purchase goods or services from external suppliers or vendors.
02
Government agencies seeking competitive bids for public procurement projects.
03
Non-profit organizations in need of cost-effective solutions for their operations.
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A request for quotations is a document used in procurement to solicit competitive bids from potential suppliers.
Typically, government agencies and organizations looking to purchase goods or services are required to file a request for quotations.
To fill out a request for quotations, one must include details such as the description of the goods or services needed, quantity required, delivery timeline, and any other specific requirements.
The purpose of a request for quotations is to gather pricing information from potential suppliers to ensure the best value for the goods or services being procured.
Information such as the name and address of the requesting organization, details of the goods or services being requested, delivery requirements, and any other relevant terms and conditions.
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