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REQUEST FOR QUOTATION PURCHASE REQUEST NO. 230038 CANVASS PERIOD: 29 September to 04 October 2023Name of Company: Address: Telephone Number: Tax ID Number (TIN): PhilGEPS Registration Number: The
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How to fill out request for quotation shopping

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How to fill out request for quotation shopping

01
Contact the supplier or vendor that you want to request a quotation from
02
Specify your requirements and provide all the necessary details about the products or services you are looking for
03
Clearly state the quantity or volume you need
04
Mention any specific delivery or shipping instructions
05
Include any technical specifications or quality standards that the products must meet
06
Request for a price quotation, including any additional charges or discounts
07
Specify the desired payment terms
08
Set a deadline for receiving the quotation
09
Provide your contact information for the supplier to reach you
10
Review the quotation received and compare it with other offers before making a decision

Who needs request for quotation shopping?

01
Any individual or business that is looking to purchase products or services from a supplier or vendor may need a request for quotation. This includes individuals or businesses involved in retail, manufacturing, construction, hospitality, and various other industries.
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Request for quotation shopping is a procurement method used to obtain price quotes from multiple suppliers for specific goods or services. It involves soliciting bids and comparing them to choose the best option.
Usually, organizations and businesses that need to procure goods or services are required to file a request for quotation shopping, particularly when they are subject to procurement regulations or guidelines.
To fill out a request for quotation shopping, provide details such as the description of the goods or services needed, quantity, delivery requirements, and the deadline for submission of quotes. Include any specific terms or conditions relevant to the procurement.
The purpose of request for quotation shopping is to promote competition among suppliers, secure the best possible pricing, and ensure that purchasing decisions are made transparently and fairly.
Information that must be reported includes the list of suppliers contacted, the quotes received from each supplier, and the rationale for the final selection of a supplier.
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