Get the free REQUEST FOR QUOTATION - Naga City Government
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Republic of the PhilippinesCITY OF VAGARIES AND AWARDS COMMITTEE
Email: bac@naga.gov.ph; Website: www.naga.gov.phREQUEST FOR QUOTATION
Infrastructure
(Negotiated Procurement Small Value Procurement)
The
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How to fill out request for quotation
How to fill out request for quotation
01
Gather all necessary information such as project requirements, quantity needed, desired timeline, and any other specifications.
02
Research potential suppliers or vendors who can provide the needed products or services.
03
Draft a formal request for quotation document including all relevant details and specifications.
04
Send the request for quotation to the selected suppliers or vendors via email or through an online portal.
05
Review the quotations received, compare pricing and terms, and negotiate with the suppliers if needed.
06
Select the best offer based on price, quality, and other factors, and finalize the purchase agreement.
Who needs request for quotation?
01
Businesses or organizations looking to purchase products or services from suppliers or vendors.
02
Individuals or companies interested in comparing pricing and terms from different suppliers before making a purchase.
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What is request for quotation?
A request for quotation (RFQ) is a business document used to invite suppliers to bid on specific products or services. It outlines the requirements and asks for prices and terms.
Who is required to file request for quotation?
Businesses and organizations looking to purchase goods or services in bulk are typically required to file a request for quotation to ensure they receive competitive pricing.
How to fill out request for quotation?
To fill out a request for quotation, identify the items or services needed, specify quantities, include delivery requirements, and provide a deadline for responses. It may also include terms and conditions.
What is the purpose of request for quotation?
The purpose of a request for quotation is to obtain price estimates from multiple suppliers to compare costs and make informed purchasing decisions.
What information must be reported on request for quotation?
The RFQ must include information such as item descriptions, specifications, quantities, delivery timelines, payment terms, and any applicable deadlines.
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