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REQUEST FOR QUOTATION RFQ No. 202001005Date: 10 January 2020Name of Establishment: Address:______Business Permit No.: ___TIN: ___Phillips Registration No. (required): ___The Philippine Statistics

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How to fill out request for quotation rfq

01

Gather all the necessary information about the product or service needed

02

Create a detailed description of the requirements including quantity, quality, specifications, and any other relevant details

03

Identify potential suppliers or vendors who can provide the product or service

04

Prepare a RFQ document outlining the requirements and instructions for response

05

Send the RFQ to the selected suppliers or vendors

06

Review and evaluate the received quotes based on price, quality, delivery time, and other factors

07

Select the best offer and negotiate the terms and conditions if necessary

08

Award the contract to the chosen supplier or vendor

Who needs request for quotation rfq?

01

Businesses looking to purchase products or services from suppliers or vendors

02

Procurement professionals responsible for sourcing and purchasing goods and services

03

Any organization or individual seeking competitive bids for a specific project or requirement

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What is request for quotation rfq?

A Request for Quotation (RFQ) is a document used to invite suppliers to provide price quotes for specific goods or services.

Who is required to file request for quotation rfq?

Businesses and organizations seeking to procure goods or services from suppliers are typically required to file a request for quotation (RFQ).

How to fill out request for quotation rfq?

To fill out an RFQ, include details such as product specifications, quantities, and delivery requirements, along with company contact information.

What is the purpose of request for quotation rfq?

The purpose of an RFQ is to gather competitive bids from suppliers to make informed purchasing decisions.

What information must be reported on request for quotation rfq?

An RFQ typically requires information such as item descriptions, quantity needed, required delivery date, and terms and conditions.

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