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Request for quotations for Group Medical Insurance and Personal Accident coverage for employees, pensioners, and students at IIM Bangalore, due by May 27, 2024.
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A Request for Quotation (RFQ) is a document used by companies to solicit price bids from suppliers for specific goods or services.
Typically, businesses or organizations looking to procure goods or services are required to file an RFQ.
To fill out an RFQ, provide details such as the description of goods or services needed, quantity, delivery dates, and any specific terms or conditions.
The purpose of an RFQ is to obtain competitive pricing and terms from multiple suppliers to make informed purchasing decisions.
An RFQ should report information such as item specifications, quantities, delivery requirements, and terms of payment.
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