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REQUEST FOR QUOTATION (RFQRFQRFQ/INS /2023/24/0027RFQ ISSUE DATE10 MAY 2023BRIEFING SESSION/A REQUEST FOR APPOINTMENT OF PROJECT SERVICE PROVIDER TO CONDUCT AN ENDED (COMPLIANCE REEVALUATION, SCREENING
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How to fill out request for quotation rfq

01
Clearly define the scope of work or products needed.
02
Identify potential suppliers or vendors to contact for quotes.
03
Compile a list of specifications or requirements for the RFQ.
04
Draft a formal RFQ document outlining the scope, specifications, and terms.
05
Distribute the RFQ to selected suppliers and vendors.
06
Set a deadline for responses and allow time for review and comparison of quotes.
07
Evaluate responses based on price, quality, and other relevant factors.
08
Select the best supplier or vendor based on the evaluation.

Who needs request for quotation rfq?

01
Any organization or individual looking to purchase goods or services from multiple suppliers or vendors.
02
Companies or businesses that want to compare prices and offers from different suppliers.
03
Procurement professionals or departments responsible for sourcing and purchasing materials or services.
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Request for Quotation (RFQ) is a document used in procurement to invite suppliers to submit a bid for the purchase of goods or services.
Procurement or purchasing departments within an organization are typically responsible for filing a Request for Quotation (RFQ).
To fill out a Request for Quotation (RFQ), one must clearly state the requirements for the goods or services needed, specify the deadline for submissions, and provide contact information for inquiries.
The purpose of a Request for Quotation (RFQ) is to obtain competitive bids from suppliers to ensure the best value for the purchase of goods or services.
Information such as the description of goods/services needed, quantity required, delivery date, terms and conditions, and evaluation criteria must be included in a Request for Quotation (RFQ).
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