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REQUEST FOR QUOTATION RFQ No. 131 Date: ___ Name of Establishment: Address:______Business Permit No.: ___TIN: ___Phillips Registration No. (required): ___ The Philippine Statistics Authority Regional
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How to fill out request for quotation procurement

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How to fill out request for quotation procurement

01
Identify the items or services needed
02
Compile a list of approved suppliers
03
Prepare a Request for Quotation (RFQ) document detailing the requirements
04
Send the RFQ to the approved suppliers
05
Review the received quotations and select the best offer
06
Negotiate with the selected supplier if necessary
07
Finalize the procurement process by awarding the contract

Who needs request for quotation procurement?

01
Businesses looking to procure goods or services
02
Government agencies seeking competitive bids
03
Non-profit organizations in need of supplies
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Request for quotation procurement is a formal process for obtaining price quotes from potential suppliers or vendors for goods or services.
Any organization or individual looking to purchase goods or services from external suppliers is required to file a request for quotation procurement.
To fill out a request for quotation procurement, you need to specify the details of the goods or services required, the quantity needed, any specific requirements, and the deadline for submission of quotes.
The purpose of a request for quotation procurement is to compare prices and terms from different suppliers, and select the most suitable one based on cost, quality, and other criteria.
The information that must be reported on a request for quotation procurement includes details of the goods or services required, specifications, quantities, delivery terms, payment terms, and any other relevant information.
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