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INVITATIONFORQUOTATION TEQIPII/2014/WB1P01/Shopping/3924May2014 To, Sub:InvitationforQuotationsforsupplyofGoods DearSir, 1. You are invited to submit your most competitive quotation for the following
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How to fill out invitation for quotations for

01
Start by clearly stating the purpose of the quotation request.
02
Include details such as the specifications, quantities, and deadlines for the products or services required.
03
Provide information on how potential suppliers can submit their quotations, including deadlines and contact details.
04
Specify any requirements or criteria that suppliers must meet to be considered for the quotation.

Who needs invitation for quotations for?

01
Businesses or organizations looking to purchase products or services from external suppliers.
02
Procurement departments or purchasing managers responsible for sourcing and acquiring the required goods or services.
03
Government agencies or public institutions that need to follow a formal procurement process for transparency and accountability.
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An invitation for quotations (IFQ) is a document that requests suppliers or vendors to provide their price quotations for goods or services, typically for procurement purposes.
Organizations or individuals seeking to procure goods or services, particularly in a formal bidding process, are typically required to file an invitation for quotations.
To fill out an invitation for quotations, the requester should provide detailed specifications of the goods or services needed, deadline for submission, terms and conditions, and any additional requirements pertinent to the procurement.
The purpose of an invitation for quotations is to solicit competitive pricing and proposals from multiple suppliers, ensuring transparency and cost-effectiveness in the procurement process.
The invitation for quotations must include information such as item descriptions, quantities required, delivery timelines, submission deadlines, evaluation criteria, and any legal or compliance requirements.
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