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INTEGRITY PACT Between Steel Authority of India Limited (SAIL) hereinafter referred to as The Principal, and hereinafter referred to as The Bidder/ Contractor Preamble The Principal intends to award,

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How to fill out request for quotation rfq

01

Gather all necessary information about the products or services you are interested in acquiring.

02

Create a list of specifications and requirements for the products or services.

03

Identify potential suppliers or vendors who can provide the products or services.

04

Prepare a detailed RFQ document outlining your requirements, terms and conditions, and any other relevant information.

05

Send the RFQ document to the selected suppliers or vendors via email or through a procurement portal.

06

Review and compare the received quotations from different suppliers or vendors.

07

Select the best offer based on price, quality, delivery time, and other factors.

08

Negotiate with the chosen supplier or vendor if necessary to finalize the details of the deal.

09

Issue a purchase order or contract to the selected supplier or vendor to formalize the agreement.

Who needs request for quotation rfq?

01

Any organization or individual looking to purchase goods or services from external suppliers or vendors can benefit from using a Request for Quotation (RFQ). This includes businesses, government agencies, non-profit organizations, and individuals who require competitive pricing and detailed information from potential suppliers before making a purchasing decision.

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What is request for quotation rfq?

RFQ is a document used in procurement to obtain information and pricing from suppliers for a specific product or service.

Who is required to file request for quotation rfq?

Any organization or individual looking to purchase goods or services from suppliers.

How to fill out request for quotation rfq?

Fill out the RFQ form by providing details about the product or service needed, quantity required, delivery requirements, and any other pertinent information.

What is the purpose of request for quotation rfq?

The purpose of RFQ is to gather pricing information from suppliers in order to make an informed purchasing decision.

What information must be reported on request for quotation rfq?

Information such as product specifications, quantity needed, delivery requirements, and any other relevant details.

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