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REQUEST FOR QUOTATION RFQ PS07101 REMOVAL AND INSTALLATION OF PUMPS AT THE THORNTON PARK PUMPING STATION Quotations will be received in the Courier Delivery Drop-off Office, 1st Floor, Vancouver City

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How to fill out request for quotation

01

Begin by gathering all the necessary information for the request, such as product or service details, quantity required, delivery terms, payment terms, etc.

02

Create a formal document with a clear title 'Request for Quotation' and include all the gathered information.

03

Address the request to potential suppliers or vendors by sending out the document via email, fax, or through an online portal.

04

Set a deadline for the suppliers to respond with their quotations.

05

Review the received quotations, compare prices, terms, and conditions, and make a decision on the best supplier to choose.

06

Once the decision is made, notify the chosen supplier and proceed with the purchasing process.

Who needs request for quotation?

01

Any individual or organization looking to purchase goods or services from suppliers or vendors.

02

Businesses of all sizes that want to compare prices and terms from different suppliers before making a purchase decision.

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What is request for quotation?

A request for quotation (RFQ) is a document that solicits price and terms from suppliers for specific goods or services. It outlines the purchasing requirements and allows businesses to compare costs and terms from multiple providers.

Who is required to file request for quotation?

Typically, businesses or organizations that seek to obtain specific goods or services from vendors are required to file a request for quotation. This can include government agencies, corporations, and non-profits that require competitive pricing.

How to fill out request for quotation?

To fill out a request for quotation, start by detailing the items or services needed, including specifications, quantities, and required delivery dates. Include contact information, any relevant terms and conditions, and submission guidelines for responses.

What is the purpose of request for quotation?

The purpose of a request for quotation is to gather price quotes and terms from various suppliers, enabling the buyer to make informed purchasing decisions based on competitive pricing and service conditions.

What information must be reported on request for quotation?

A request for quotation must report information such as a clear description of the goods or services requested, quantity, deadlines, submission instructions, and any terms and conditions relevant to the procurement.

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