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REQUEST FOR QUOTATION (RFQ) Department: AthleticsRequisition No.: 175138475Deliver Completed Bid to: Tennessee Tech University Purchasing and Contracts Office Dewberry Hall, Suite 301 P. O. Box 5144,
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How to fill out request for quotation rfq

01
Start by identifying the products or services you need to procure.
02
Research potential suppliers and gather their contact information.
03
Create a detailed request for quotation (RFQ) document specifying your requirements, expected quantities, delivery timeline, and any other relevant details.
04
Send the RFQ document to selected suppliers via email or online procurement platforms.
05
Review and compare the received quotations based on pricing, quality, terms, and other factors.
06
Select the best-suited supplier and negotiate any terms if necessary before finalizing the agreement.

Who needs request for quotation rfq?

01
Businesses or organizations looking to procure products or services from external suppliers.
02
Procurement professionals responsible for sourcing and purchasing goods or services.
03
Any entity wishing to compare quotes from multiple suppliers to secure the best deal.
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Request for Quotation (RFQ) is a document used in procurement to request price quotes from suppliers for the purchase of goods or services.
Anyone in a purchasing department or procurement team who is responsible for securing pricing information from suppliers.
To fill out an RFQ, the requester must provide details about the goods or services needed, quantity required, delivery timeframes, and any specific requirements or specifications.
The purpose of an RFQ is to gather competitive price quotes from multiple suppliers to ensure the best value for the goods or services being purchased.
An RFQ typically includes information such as the description of the goods or services needed, quantity required, delivery requirements, quality standards, and any other terms and conditions.
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