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THE COMMONWEALTH OF MASSACHUSETTS EXECUTIVE OFFICE OF LABOR AND WORKFORCE DEVELOPMENT DEPARTMENT OF LABOR STANDARDSPrevailing Wage Rates As determined by the Director under the provisions of the Massachusetts

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What is request for quote rfq?

A Request for Quote (RFQ) is a document issued by a buyer, inviting suppliers to provide price quotations for specific goods or services.

Who is required to file request for quote rfq?

Typically, businesses seeking to procure products or services at competitive prices are required to file an RFQ to gather and compare quotes from different suppliers.

How to fill out request for quote rfq?

To fill out an RFQ, provide detailed information about the goods or services needed, specify quantities, required delivery dates, and any terms and conditions relevant to the quote.

What is the purpose of request for quote rfq?

The purpose of an RFQ is to gather information from multiple suppliers to obtain competitive pricing and make an informed purchasing decision.

What information must be reported on request for quote rfq?

An RFQ should include details such as product/service specifications, quantities needed, delivery timelines, and any contractual terms and conditions.

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