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Open FormELIAS MOTSOALEDI LOCAL MUNICIPALITY QUOTATION NO. RFQ 12/06/2023 REQUEST FOR QUOTATIONS OR SERVICES ( R 30 000 TO R 200 000.00 ) SUPPLY, DELIVERY AND ASSEMBLY OF OFFICE CHAIRS CLOSING DATE:12/06/2023TIME09H00NAME
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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
Gather necessary information such as product specifications, quantity needed, delivery requirements, and any special instructions.
02
Identify potential suppliers who can fulfill the requirements outlined in the RFQ.
03
Create a formal RFQ document with all the relevant details and instructions for suppliers to follow.
04
Send the RFQ to the selected suppliers and allow them sufficient time to review and prepare their quotes.
05
Evaluate the received quotes based on factors like price, quality, delivery time, and supplier reliability.
06
Select the best supplier based on the evaluation and negotiate the terms of the agreement if necessary.
07
Award the contract to the chosen supplier and communicate the decision to all participating suppliers.

Who needs request for quotation rfq?

01
Businesses or organizations looking to procure products or services from external suppliers.
02
Companies seeking competitive pricing and terms for their procurement needs.
03
Purchasing departments or procurement professionals responsible for sourcing and selecting suppliers.
04
Any entity looking to streamline their purchasing process and ensure transparency in supplier selection.
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A Request for Quotation (RFQ) is a business document used to solicit price quotes from suppliers for specific products or services.
Typically, businesses or organizations seeking to acquire goods or services from suppliers are required to file an RFQ.
To fill out an RFQ, provide details such as product specifications, quantities, delivery requirements, and any other relevant information that suppliers need to offer a quote.
The purpose of an RFQ is to compare pricing and terms from different suppliers to make an informed purchasing decision.
Information that must be reported on an RFQ includes item descriptions, quantities needed, delivery dates, and any specific terms and conditions.
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