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Page 1 of 5PEACE CORPS OVERSEAS REQUEST FOR QUOTATION TEMPLATECONTRACTING OFFICER GUIDANCE This Request for Quotation (RFQ) template shall be used to request quotations for purchases of supplies and/or
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How to fill out request for quotation instead

01
Start by gathering all necessary information such as product details, quantity needed, delivery requirements, specifications, and any special instructions.
02
Contact the supplier or vendor either through email, phone, or online form to request a quotation.
03
Clearly state your requirements and include all relevant details in the request such as delivery deadlines, payment terms, and any specific requirements.
04
Wait for the supplier to respond with a detailed quotation that includes pricing, delivery terms, and any other relevant information.
05
Review the quotation carefully and negotiate if needed before making a decision to accept or reject the offer.

Who needs request for quotation instead?

01
Businesses looking to purchase products or services from suppliers or vendors.
02
Procurement departments within organizations that need to compare prices and negotiate terms with multiple suppliers.
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A request for quotation (RFQ) is a standard business process where an organization solicits price quotes from suppliers to purchase goods or services.
Typically, businesses and organizations seeking to procure goods or services from suppliers are required to file a request for quotation.
To fill out a request for quotation, provide detailed information about the products or services needed, including specifications, quantities, delivery requirements, and any terms and conditions.
The purpose of a request for quotation is to gather price and availability information from multiple suppliers to make informed purchasing decisions.
The RFQ should report details such as item descriptions, specifications, quantities, delivery schedules, and the deadline for quotes.
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