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Quote in form tender is a document submitted by a supplier in response to a request for quotation (RFQ) from a buyer.
Suppliers or vendors who wish to bid on a project or provide goods/services to a buyer are required to file quote in form tender.
Quote in form tender can be filled out by providing all necessary information requested in the RFQ, including pricing, delivery schedule, terms and conditions.
The purpose of quote in form tender is to provide the buyer with detailed information about the supplier's offerings and pricing for a specific project or goods/services.
Information such as pricing, delivery schedule, terms and conditions, product specifications, warranty information, and any other relevant details must be reported on quote in form tender.
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