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NATIONAL INSTITUTE OF SECURITIES MARKETSREQUEST FOR QUOTATIONS FOR HOSTING SERVICES (Document Reference No: ISM/ICT/RFQ/11/2016)ISM Haven, Plot No. 82, Sector 17,Vashti, Navi Mumbai: 400703 Tel:

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How to fill out request for quotations for

01

Start by gathering all necessary information such as product specifications, quantity needed, and desired delivery date.

02

Research potential suppliers and create a list of companies to send the request for quotations to.

03

Write a clear and detailed request for quotations including all relevant information mentioned in step 1.

04

Clearly state the deadline for submitting quotations and provide contact information for any questions.

05

Send out the request for quotations to the selected suppliers and wait for their responses.

06

Review and compare the quotations received, taking into account not only price but also quality, lead time, and terms & conditions.

07

Select the most suitable supplier based on the evaluation and negotiate the final terms if necessary.

08

Finalize the agreement with the chosen supplier and proceed with the order.

Who needs request for quotations for?

01

Businesses looking to source products or services from external suppliers.

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Procurement departments within companies seeking competitive pricing and quality assurance.

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Individuals or organizations in need of materials, equipment, or services for a specific project or event.

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What is request for quotations for?

Request for quotations is used to gather pricing information from suppliers/vendors for goods or services.

Who is required to file request for quotations for?

Anyone looking to procure goods or services from suppliers/vendors.

How to fill out request for quotations for?

Fill out the necessary details such as the description of goods/services needed, quantity, quality requirements, delivery specifications, and any other relevant information.

What is the purpose of request for quotations for?

The purpose of request for quotations is to obtain competitive prices from suppliers/vendors to ensure value for money.

What information must be reported on request for quotations for?

Information such as the description of goods/services needed, quantity, quality requirements, delivery specifications, preferred payment terms, and any other relevant details.

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