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Republic of the Philippines Province of Bataan CITY OF BALANGAOFFICE OF THE BIDS AND AWARDS COMMITTEEREQUEST FOR QUOTATION (SMALL VALUE PROCUREMENT)RFQ 202211 The City Government of Balance, through
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How to fill out request for quotation rfq

01
Gather all the necessary information about the product or service you wish to request a quotation for.
02
Research and identify potential suppliers or vendors who can provide the product or service.
03
Prepare a formal request for quotation document that outlines your requirements, expectations, and any specific terms and conditions.
04
Send the RFQ document to the selected suppliers or vendors via email or through a procurement portal.
05
Review and evaluate the received quotations based on price, quality, delivery terms, and other relevant factors.
06
Negotiate with the suppliers if needed to finalize the terms and reach an agreement.
07
Select the best offer and proceed with issuing a purchase order or signing a contract with the chosen supplier.

Who needs request for quotation rfq?

01
Businesses or organizations looking to purchase products or services in a competitive and transparent manner.
02
Procurement or purchasing departments responsible for sourcing and acquiring goods and services for the company.
03
Suppliers or vendors who need to understand the buyer's requirements and submit competitive bids to win the business.
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RFQ is a document used in procurement processes to solicit competitive bids from potential suppliers.
Typically purchasing or procurement departments within organizations are responsible for filing RFQs.
RFQs are usually filled out by detailing the requirements, specifications, terms, and conditions of the products or services being requested.
The purpose of RFQ is to invite suppliers to submit their pricing and terms for supplying specific goods or services.
Information such as product or service specifications, quantities needed, desired delivery dates, terms of payment, and any other relevant details.
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