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REQUEST FOR QUOTATIONSTitle:The Purchase of One (1) Only Cab and Chassis Truck Fitted with Dump Body and ComponentsReference No.:12200402017115FOR THE SUPPLY OF GOODS(General Services)TABLE OF CONTENTS
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How to fill out request for quote

01
Start by preparing all the necessary information for the request for quote, such as the product or service description, quantity required, desired delivery date, and any specific requirements or specifications.
02
Research potential suppliers or vendors who can provide the product or service you need.
03
Contact the suppliers or vendors and request a quote. Provide them with all the relevant details and ask for a detailed quote including pricing, terms and conditions, and any additional fees or charges.
04
Evaluate the received quotes based on factors like price, quality, reputation of the supplier, and delivery time. Compare the different quotes to make an informed decision.
05
Once you have selected the preferred supplier, notify them of your decision and negotiate any final terms or adjustments if necessary.
06
Prepare and submit the actual request for quote document to the chosen supplier. Make sure to include all the required information and any supporting documents or specifications.
07
Follow up with the supplier to ensure they have received the request for quote and clarify any questions they may have.
08
Review and compare the final quote received from the supplier. If it meets your requirements, you can proceed with accepting it. If not, you may need to negotiate further or consider alternative suppliers.
09
Once you have accepted the quote, notify the supplier and finalize the purchase agreement or contract. Clarify the payment terms, delivery schedule, and any other relevant details.
10
Keep a record of the request for quote and all communications related to it for future reference.

Who needs request for quote?

01
Request for quote is typically needed by businesses or organizations that are seeking to purchase products or services from suppliers or vendors.
02
It is commonly used in procurement processes in various industries, including manufacturing, construction, IT, and retail.
03
Individual consumers may also use a request for quote when comparing prices or seeking quotes for specialized services.
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A request for quote (RFQ) is a solicitation sent to suppliers to obtain pricing and other terms for goods or services. It allows organizations to compare multiple offers.
Typically, buyers or procurement departments within organizations seeking to purchase goods or services are required to file a request for quote.
To fill out a request for quote, provide details such as the item description, quantity, specifications, delivery requirements, and any terms or conditions that apply.
The purpose of a request for quote is to gather competitive pricing and terms from multiple suppliers, helping organizations make informed purchasing decisions.
Information such as product specifications, quantities, delivery timelines, bidding conditions, and any specific terms or requirements must be reported on a request for quote.
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