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REQUEST FOR QUOTATION (RFQ)RFQ Reference: TH2024018 Date:SECTION 1: REQUEST FOR QUOTATION (RFQ) for the provision of design and build for IOM Office in Mae Sot, Tak Province International Organisation
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How to fill out request for quotation rfq

01
Gather all necessary information such as product or service specifications, quantities needed, delivery requirements, and any special instructions.
02
Research potential suppliers or vendors who can provide the needed goods or services.
03
Create a RFQ document detailing all relevant information and requirements.
04
Send the RFQ to the selected suppliers or vendors either through email, online portals, or by mail.
05
Review the received quotes and compare them based on price, quality, delivery time, and other factors.
06
Select the best offer and negotiate if necessary to finalize the terms and conditions.
07
Award the contract to the chosen supplier and proceed with the purchasing process.

Who needs request for quotation rfq?

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Companies or organizations looking to purchase goods or services from suppliers or vendors.
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Procurement departments or professionals responsible for sourcing and acquiring products or services.
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Business owners or managers seeking competitive pricing and quality products for their operations.

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A Request for Quotation (RFQ) is a standard business process used to invite suppliers or vendors to submit price proposals for specific goods or services.
Typically, organizations or businesses that are seeking to purchase goods or services in bulk or on contract are required to file an RFQ.
To fill out an RFQ, you need to include details about the items or services you need, quantity, required specifications, delivery timelines, and any other relevant terms and conditions.
The purpose of an RFQ is to gather price offers from multiple suppliers, ensuring competition and allowing the buyer to choose the most favorable option based on cost and other factors.
RFQs should report information such as the description of goods/services, quantity, delivery requirements, payment terms, and any specific conditions related to the procurement.
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