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REQUEST FOR QUOTATION RFQ No.:Date:Business Name: Address: Contact No.:TIN: Vat Non Battle Agricultural Training InstituteRegional Training Center CALABRIAN, through the Bids and Awards Committee
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How to fill out request for quotation rfq

01
Gather all necessary information such as product specifications, quantities, desired delivery date, etc.
02
Identify potential suppliers that can provide the requested items or services.
03
Create a formal RFQ document detailing all the requirements and specifications.
04
Send the RFQ to selected suppliers and allow them to submit their proposals.
05
Evaluate the received proposals based on factors like price, quality, and delivery time.
06
Select the best offer and negotiate terms if necessary.
07
Award the contract to the chosen supplier and confirm the details in writing.

Who needs request for quotation rfq?

01
Any organization or individual looking to purchase goods or services from suppliers may need to use a request for quotation (RFQ) to gather competitive bids and make informed buying decisions.
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A Request for Quotation (RFQ) is a document that a company or organization sends to suppliers to solicit price quotes for specific goods or services.
Typically, procurement departments, purchasing agents, or individuals responsible for sourcing goods or services on behalf of an organization are required to file RFQs.
To fill out an RFQ, include details such as the specifications of the goods/services required, quantity, delivery requirements, terms and conditions, and a due date for responses.
The purpose of an RFQ is to obtain competitive pricing offers, evaluate suppliers, and ultimately select the best option for procurement.
An RFQ must report information such as product descriptions, quantities, delivery deadlines, pricing format, and any specific terms or conditions to be adhered to by the suppliers.
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