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Request for Sealed Quotations: Small Works MINOR RENOVATION WORKS AT EPAKO MARKET IN GOBABIS, OMAHEKE REGIONName of the bidder: Bid Amount (Incl VAT):Procurement Reference No: W/RFQ/NIDA/10/10/2020
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How to fill out request for sealed quotations

01
Determine the specifications and quantity of the products or services needed.
02
Create a document outlining the requirements and conditions for the quotations.
03
Send out the request for sealed quotations to potential suppliers or vendors.
04
Set a deadline for the submission of quotations and specify the method of delivery.
05
Evaluate the received quotations based on the specified criteria and choose the best offer.

Who needs request for sealed quotations?

01
Government agencies
02
Public organizations
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Businesses looking for competitive pricing
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A request for sealed quotations is a formal invitation for suppliers or contractors to submit their prices for specific goods or services, typically used in procurement processes to ensure competitive pricing.
Organizations or individuals seeking to procure goods or services above a certain threshold established by procurement policies are required to file a request for sealed quotations.
To fill out a request for sealed quotations, one must provide detailed information about the goods or services needed, the specifications, delivery requirements, and the deadline for submissions, along with any other relevant terms and conditions.
The purpose of a request for sealed quotations is to obtain competitive pricing from multiple suppliers or contractors, ensuring transparency and value for money in the procurement process.
The information required typically includes the description of goods or services, quantities needed, delivery timelines, terms and conditions, and a deadline for submission of the quotations.
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