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!(/MARIANO MARCOS STATE UNIVERSITY Procurement Division Request for Quotation (RFQ) (Goods and Services)Docum ent CodePDFRM 002Revision No.4Effectivity DateJanuary 8, 2021Page 1 of 2REQUEST FOR QUOTATION
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How to fill out request for quotation rfq

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How to fill out request for quotation rfq

01
To fill out a request for quotation (RFQ), follow these steps:
02
Start by providing your company's name, address, and contact information at the top of the document.
03
Include a reference number or any other unique identifier for the RFQ.
04
Clearly state the purpose of the RFQ, including the goods or services you require and any specific details or specifications.
05
Provide a deadline for the submission of quotations.
06
Specify the format in which the quotations should be submitted, such as via email or through an online system.
07
Mention any additional requirements or attachments that suppliers need to provide.
08
Clearly outline the evaluation criteria that will be used to select the winning quotation.
09
Include any legal terms or conditions that suppliers should be aware of, such as payment terms or warranties.
10
Provide contact information for any questions or clarifications related to the RFQ.
11
Finally, include a clause for suppliers to acknowledge their understanding and agreement to the terms of the RFQ by signing or submitting the document.
12
Remember to proofread the RFQ before sending it out to ensure accuracy and clarity.

Who needs request for quotation rfq?

01
Request for Quotation (RFQ) is commonly used by organizations or businesses that are looking to purchase goods or services.
02
Various departments within a company may require RFQs, such as procurement, purchasing, or sourcing teams.
03
RFQs are often used in industries where competitive bidding is common, such as construction, manufacturing, or IT.
04
Small businesses or startups may also use RFQs to gather pricing information and compare quotes from different suppliers before making a purchasing decision.
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A Request for Quotation (RFQ) is a business process in which a company solicits price quotes from suppliers for the purchase of goods or services.
Any organization or individual looking to procure goods or services in a competitive manner may be required to file an RFQ.
To fill out an RFQ, specify the details of the products or services needed, include quantities, deadlines, and other essential requirements, and send it to potential suppliers.
The purpose of an RFQ is to invite suppliers to submit bids to provide specific goods or services, allowing the buyer to compare pricing and terms.
An RFQ should include detailed product or service descriptions, quantities needed, delivery dates, payment terms, and any other relevant conditions.
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