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REQUEST FOR FORMAL WRITTEN PRICE QUOTATION Requirements between R 30,000 (incl VAT) and R 200,000 (incl VAT) QUOTATION NUMBER: DIC0025681 QUOTATION TITLE: SUPPLY & DELIVERY OF PINE ROUGH, BUTTERFLY

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How to fill out request for quotation rfq

01

Identify the required products or services

02

Compile a list of specifications and requirements

03

Research and identify potential suppliers

04

Create a request for quotation (RFQ) document detailing the specifications, requirements, and quantity needed

05

Send the RFQ to the selected suppliers

06

Review and compare the received quotations

07

Select the supplier based on factors such as price, quality, and delivery time

08

Negotiate the terms and finalize the agreement

Who needs request for quotation rfq?

01

Companies or organizations looking to procure products or services from suppliers

02

Procurement departments within businesses

03

Manufacturing companies seeking new suppliers

04

Businesses wanting to compare prices and quality from different vendors

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What is request for quotation rfq?

Request for quotation (RFQ) is a document used in the procurement process to invite suppliers to submit a quote for supplying goods or services.

Who is required to file request for quotation rfq?

Typically, procurement or purchasing departments within a company are responsible for filing the request for quotation (RFQ).

How to fill out request for quotation rfq?

To fill out an RFQ, the requester needs to provide details about the goods or services required, quantities needed, delivery schedule, terms and conditions, and any other relevant information for suppliers to submit accurate quotes.

What is the purpose of request for quotation rfq?

The purpose of an RFQ is to gather competitive price quotes from potential suppliers to ensure the best value for the goods or services needed.

What information must be reported on request for quotation rfq?

Information such as specifications of the goods or services needed, quantities required, delivery schedule, terms and conditions, evaluation criteria, and any other relevant information for suppliers.

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