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City of Jo burg Property Company SOC Ltd. Supply Chain ManagementOPEN REQUEST FOR QUOTATION PROCESSABLE OF SERVICE PROVIDER: ___REQUEST FOR QUOTATIONS FOR GOODS AND SERVICES AT PC requests your quotation

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How to fill out open request for quotation

01

Identify the requirements for the product or service needed

02

Create a detailed description of the requested product or service

03

Specify the quantity needed

04

Set a deadline for submission of quotations

05

Reach out to potential suppliers or vendors to request quotations

06

Review and compare the received quotations

07

Select the most suitable offer and negotiate terms if necessary

08

Finalize the agreement with the chosen supplier

Who needs open request for quotation?

01

Companies or organizations looking to purchase goods or services

02

Procurement departments within businesses

03

Any entity seeking competitive pricing from suppliers or vendors

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What is open request for quotation?

An open request for quotation is a formal process used by organizations to solicit price quotes from multiple suppliers or vendors for specific products or services.

Who is required to file open request for quotation?

Organizations and businesses that need to procure goods or services and wish to ensure competitive pricing are required to file an open request for quotation.

How to fill out open request for quotation?

To fill out an open request for quotation, you should specify the items or services needed, include detailed specifications, state the quantity required, and provide the deadline for submissions.

What is the purpose of open request for quotation?

The purpose of an open request for quotation is to obtain competitive bids from suppliers, allowing for better pricing and options in procurement.

What information must be reported on open request for quotation?

An open request for quotation must report the company’s contact information, item descriptions, quantities, required delivery dates, and any terms and conditions relevant to the quotation.

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