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REQUEST FOR Quotation [RFQ] FORSELECTION OF SERVICE PROVIDER FOR PROVIDING COMPREHENSIVE AMC SERVICES FOR IT HARDWARE ITEMS EFFECTIVE FROM 01/10/2024 TO 30/09/2025.Issued by: Canara Bank, DSS SECTION,
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A Request for Quotation (RFQ) is a formal document used to solicit price quotes from suppliers for specific products or services.
Typically, businesses or organizations seeking to procure goods or services must file an RFQ to gather competitive pricing from various suppliers.
To fill out an RFQ, one should specify the products or services needed, provide detailed descriptions, outline quantity and delivery requirements, and include terms and conditions for bidding.
The purpose of an RFQ is to obtain competitive offers from suppliers to ensure the buyer can make an informed decision based on price and terms.
An RFQ should include product specifications, quantity needed, delivery timeline, and any specific terms or conditions relevant to the procurement process.
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