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PHILIPPINE INFORMATION AGENCY PIA Bldg, Visayas Avenue, Diliman Quezon CityREQUEST FOR QUOTATION (RFQ) The Philippine Information Agency (PIA), through its Bids and Awards Committee (BAC), hereby

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How to fill out requests for quotation

01

Identify the product or service you need to procure

02

Gather all necessary specifications and requirements for the product or service

03

Research potential suppliers or vendors who can provide the product or service

04

Reach out to the suppliers or vendors to request a quotation

05

Provide clear and detailed information on the quantities needed, delivery timeline, and any specific terms or conditions

06

Review the quotations received and compare them based on price, quality, and other relevant factors

07

Select the best quotation and negotiate terms if necessary

Who needs requests for quotation?

01

Businesses looking to procure goods or services from suppliers or vendors

02

Purchasing departments within organizations

03

Contractors or service providers seeking pricing information from subcontractors

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What is requests for quotation?

A request for quotation (RFQ) is a document used to solicit price bids and information from suppliers for specific products or services.

Who is required to file requests for quotation?

Typically, businesses or organizations that need to procure goods or services are required to file requests for quotation.

How to fill out requests for quotation?

To fill out an RFQ, provide detailed specifications of the required goods or services, along with quantities, delivery requirements, and any other relevant information.

What is the purpose of requests for quotation?

The purpose of RFQs is to gather competitive bids from suppliers to ensure the buyer gets the best price and quality for their requirements.

What information must be reported on requests for quotation?

RFQs must report information such as product specifications, quantities needed, delivery timelines, and terms and conditions.

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