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FPQ202210/004 SUPPLY AND INSTALL NEW SCUM PLATES ON CLARIFIER AT DAVEYTON WCW.Page 1 of 28REQUEST FOR FORMAL PRICE QUOTATION (FPQ) (VALUE BETWEEN R30 000 R200 000 ALL TAXES INCLUDED)SUPPLY AND INSTALL
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How to fill out request for formal price

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Step 1: Start by putting your contact information at the top of the request form. This should include your name, company name, and contact details.
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Step 2: Next, indicate the date of the request and the recipient's name and contact details.
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Step 3: Provide a clear and concise subject line that explains the purpose of the request.
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Step 4: In the body of the request, clearly state the items or services for which you are seeking a formal price quote.
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Step 5: Include any specific details or requirements, such as quantity, specifications, or delivery dates.
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Step 6: Indicate any deadlines for receiving the formal price quote.
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Step 7: Express gratitude and provide your contact information again for any further communication.
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Step 8: Sign the request form if necessary.
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Step 9: Double-check all the information before sending the request for a formal price.

Who needs request for formal price?

01
Anyone who wants to obtain an official price quote for goods or services can use a request for formal price. This could include individuals, businesses, or organizations that are looking to purchase items in bulk or require a detailed breakdown of costs. Requesting a formal price quote helps ensure transparency, accuracy, and allows for better comparison among different suppliers or vendors.
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A request for formal price is a formal document submitted by an entity to obtain a definitive price quotation for goods or services, typically required for budget and procurement purposes.
Entities that engage in procurement of goods or services that exceed a certain value threshold or are subject to specific regulatory requirements are typically required to file a request for formal price.
To fill out a request for formal price, one should provide detailed information including the description of goods or services required, quantity, delivery timelines, and any specific terms and conditions necessary for the procurement.
The purpose of a request for formal price is to obtain formal and binding pricing information from suppliers, enabling informed decision-making in procurement and ensuring budget adherence.
Information that must be reported includes entity's contact details, description of required goods/services, quantity, deadlines, terms and conditions, and any applicable regulatory information.
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