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Republic of the Philippines SOCIAL SECURITY SYSTEM LACSON ST, BACOLOD CITY OPEN QUOTATION FORMREQUEST FOR QUOTATIONEAST24012 August 02, 2024 DateSir / Madam: Please furnish us with your quotation

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How to fill out request for quotation

01

Gather all necessary information about the product or service you are requesting a quotation for.

02

Identify potential suppliers or vendors who can provide the product or service.

03

Prepare a request for quotation document outlining the specifications, quantity, delivery time, and any other requirements.

04

Send the request for quotation document to the selected suppliers or vendors.

05

Review and compare the quotations received from different suppliers or vendors.

06

Negotiate the terms and conditions with the chosen supplier or vendor if needed.

07

Select the best quotation and finalize the agreement.

Who needs request for quotation?

01

Any individual or organization looking to procure a product or service from a supplier or vendor.

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What is request for quotation?

A request for quotation (RFQ) is a document that an organization sends to suppliers requesting a price quote for specific goods or services.

Who is required to file request for quotation?

Typically, organizations or businesses that intend to procure goods or services through a competitive bidding process are required to file a request for quotation.

How to fill out request for quotation?

To fill out a request for quotation, you should clearly outline the specifications of the goods or services needed, provide quantity requirements, state the deadline for responses, and include your organization's contact information.

What is the purpose of request for quotation?

The purpose of a request for quotation is to obtain competitive pricing and terms from multiple suppliers to make an informed purchasing decision.

What information must be reported on request for quotation?

Information that must be reported includes the detailed description of the goods or services, quantities needed, delivery schedules, and any relevant terms and conditions.

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