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Republic of the PhilippinesCITY OF NAGABIDS AND AWARDS COMMITTEE Email: bac@naga.gov.ph | Website: www.naga.gov.phREQUEST FOR QUOTATION Infrastructure (Negotiated ProcurementSmall Value Procurement)

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How to fill out request for quotation

01

Identify the items or services needed

02

Prepare a list of specifications or requirements

03

Reach out to potential suppliers or vendors

04

Request for quotation from the identified suppliers or vendors

05

Compare the quotations received and select the most suitable one

Who needs request for quotation?

01

Businesses looking to purchase goods or services in bulk

02

Individuals or organizations seeking competitive pricing for their procurement needs

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What is request for quotation?

Request for Quotation (RFQ) is a document used in procurement to invite suppliers to submit offers for the supply of goods or services.

Who is required to file request for quotation?

The procurement team or purchasing department is typically responsible for drafting and filing the request for quotation.

How to fill out request for quotation?

The request for quotation is filled out by specifying the details of the goods or services needed, including quantity, quality standards, delivery requirements, and any other relevant information.

What is the purpose of request for quotation?

The purpose of the request for quotation is to gather competitive bids from potential suppliers in order to select the best offer based on price, quality, and other factors.

What information must be reported on request for quotation?

The request for quotation must include a description of the goods or services needed, quantity, quality standards, delivery requirements, deadline for submission of bids, and any other relevant terms and conditions.

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