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City Power Johannesburg40 Heron mere Road PO B Box 38766 Reuben Loosens Johannesburg 2016Tel +27(0) 11 490 7000 Fax +27(0) 11 490 7590 www.citypower.co.zaCITY POWER JOHANNESBURG Bidders are hereby
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01
Collect all necessary information for the request for quotation, such as the product or service details, quantity, specifications, and any special requirements.
02
Identify potential suppliers or vendors who can provide the desired product or service.
03
Prepare a document or template for the request for quotation, including the company's contact information, a clear description of the requested item or service, and any relevant terms and conditions.
04
Specify the desired delivery date, payment terms, and any other important details.
05
Send the request for quotation to the selected suppliers or vendors via email or other preferred communication channels.
06
Follow up with the suppliers or vendors to ensure they received the request and clarify any doubts or additional information they may require.
07
Review the received quotations, comparing the prices, delivery terms, and other factors to select the most suitable option.
08
Negotiate if necessary to obtain better pricing or favorable terms.
09
Once a supplier is chosen, acknowledge their quotation, confirm the order details, and proceed with the necessary procurement processes.
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Keep a record of all received quotations, correspondence, and agreements for future reference and auditing purposes.

Who needs request for quotation for?

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Companies or organizations looking to purchase goods or services from external suppliers or vendors.
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Procurement departments or purchasing agents responsible for sourcing and acquiring products or services.
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Small businesses or startups in need of competitive pricing and multiple options for suppliers.
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Individuals or professionals seeking quotations for specialized services or customized products.
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Any entity involved in the procurement process for cost estimation and supplier selection.
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A request for quotation (RFQ) is a document used to solicit price and service proposals from potential suppliers for specific goods or services.
Typically, businesses or organizations that need to procure goods or services are required to file a request for quotation.
To fill out a request for quotation, detail the specifications of the required goods or services, include quantity, delivery needs, and provide any relevant terms and conditions.
The purpose of an RFQ is to gather competitive pricing and terms from different suppliers to make an informed purchasing decision.
An RFQ must include specifications of the items needed, quantity, delivery time frames, and any conditions or requirements required for the proposal.
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