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REQUEST FOR QUOTATION (RFQ)RFQ NUMBER: ELECT MAT/07/2022REQUEST FOR QUOTATION (RFQ) FOR AS AND WHEN SUPPLY AND DELIVERY OF ELECTRICAL MATERIAL FOR A PERIOD OF 24 MONTHSSECTION 1: SBD1 PART A INVITATION
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How to fill out request for quotation rfq

01
Gather all necessary information about the product or service being requested.
02
Create a template for the RFQ including details such as quantity, specifications, delivery requirements, and terms and conditions.
03
Identify potential suppliers and send out the RFQ to them.
04
Review the received quotes and select the supplier that best meets the requirements
05
Negotiate terms and finalize the agreement with the selected supplier.

Who needs request for quotation rfq?

01
Businesses looking to purchase products or services from suppliers.
02
Organizations wanting to compare prices and terms from different suppliers.
03
Companies interested in streamlining their purchasing process.
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A Request for Quotation (RFQ) is a business process where a company invites suppliers or vendors to submit pricing proposals for specific products or services.
Typically, organizations or businesses seeking to procure products or services are required to file an RFQ.
To fill out an RFQ, provide details about the product or service needed, including specifications, quantity, delivery timelines, and any other relevant terms and conditions.
The purpose of an RFQ is to obtain price quotes from multiple suppliers, allowing the requester to compare costs and terms before making a purchasing decision.
Information required typically includes item descriptions, quantities, pricing terms, delivery requirements, and any relevant specifications or conditions.
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