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REQUEST FOR QUOTATION TOWN OF LUNENBURG SUBMITTERS COMPANY NAME: ___ DATE: ___ Terms: 1. This is a request for a binding quotation only it is not a Purchase Order or Tender. The Town of Lunenburg

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How to fill out request for quotation rfq

01

Gather all necessary information such as product specifications, quantities needed, delivery requirements, and any other relevant details.

02

Identify potential suppliers that meet your criteria and have the capability to fulfill your request.

03

Create a formal RFQ document outlining all requirements and instructions for submitting proposals.

04

Distribute the RFQ to selected suppliers and give them a deadline for submitting their quotes.

05

Review all received quotes carefully and evaluate them based on price, quality, and other factors.

06

Select the best proposal and negotiate terms with the chosen supplier if necessary.

07

Award the contract to the selected supplier and follow up to ensure successful fulfillment of the order.

Who needs request for quotation rfq?

01

Companies or organizations looking to purchase goods or services from external suppliers at competitive prices.

02

Procurement professionals responsible for sourcing and negotiating contracts with suppliers.

03

Manufacturers or distributors seeking pricing information and proposals for specific products or services.

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What is request for quotation rfq?

RFQ is a document used in procurement to invite suppliers to submit a bid for the purchase of goods or services.

Who is required to file request for quotation rfq?

Procurement officers or anyone responsible for purchasing goods or services may file a request for quotation (RFQ).

How to fill out request for quotation rfq?

Fill out the RFQ with details of the goods or services required, specifications, quantity, delivery requirements, and any other relevant information.

What is the purpose of request for quotation rfq?

The purpose of an RFQ is to solicit competitive bids from suppliers to ensure the best value for the purchase of goods or services.

What information must be reported on request for quotation rfq?

Information such as required goods or services, specifications, quantity, delivery requirements, payment terms, and any other pertinent details must be reported on an RFQ.

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