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REQUEST FOR QUOTATION RFQ No. 2024 002 23 February 2024 he Peoples Television Network,Inc.(PTNI),throughitsBidsandAwardsCommittee(BAC),intends T toprocurethefollowingitem/sinaccordancewithSection53.9SmallValueProcurementofthe2016
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How to fill out request for quotation rfq

01
Gather all necessary information about the products or services you need to obtain quotes for.
02
Identify potential suppliers who can provide the products or services you are looking for.
03
Create a standardized RFQ template with all the necessary details such as product specifications, quantities, delivery requirements, and terms and conditions.
04
Send out the RFQ to the identified suppliers via email or through an online procurement platform.
05
Set a deadline for suppliers to submit their quotes.
06
Evaluate the received quotes based on price, quality, and other relevant criteria.
07
Select the supplier that best meets your requirements and negotiate the final terms of the contract.

Who needs request for quotation rfq?

01
Any organization or individual looking to purchase products or services in a competitive and transparent manner can benefit from using a request for quotation (RFQ). This includes procurement professionals, supply chain managers, project managers, and anyone involved in the procurement process.
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A Request for Quotation (RFQ) is a business document used to invite suppliers to submit price quotes for specific goods or services.
Organizations and businesses seeking to procure goods or services may be required to file an RFQ to invite bids from suppliers.
To fill out an RFQ, specify the items or services needed, include quantities, provide delivery and payment terms, and request pricing and any relevant information from suppliers.
The purpose of an RFQ is to gather pricing and terms from multiple suppliers to make informed purchasing decisions.
An RFQ should detail item descriptions, quantities, specifications, delivery times, payment terms, and any conditions or requirements for the suppliers.
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