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FORMAL PRICE QUOTATION (UNDER R200 000)FPQ2408/01: THE APPOINTMENT OF A SERVICE PROVIDER TO PROVIDE QUALITY ASSURANCE ON THE DRAFT ANNUAL FINANCIAL STATEMENTS FOR THE 2023/2024 FINANCIAL PERIODCLOSING

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How to fill out request for quotations from

01

Begin by clearly stating the purpose of the request for quotations (RFQ).

02

Include your company's name and contact information at the top.

03

Describe the goods or services you are requesting quotes for, providing detailed specifications.

04

Specify the quantity needed and any delivery timelines.

05

Include any specific terms and conditions that suppliers should be aware of.

06

Set a deadline for suppliers to submit their quotes.

07

Provide a clear method for suppliers to submit their quotes, whether by email, online form, or physical mail.

08

Review the RFQ for clarity and completeness before sending it out.

Who needs request for quotations from?

01

Businesses or organizations looking to obtain competitive pricing on goods or services.

02

Procurement departments needing to source suppliers for specific projects.

03

Companies planning to compare offers from multiple suppliers to ensure the best value.

04

Entities that require a formal documentation process for budgeting and accounting purposes.

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What is request for quotations from?

A request for quotations (RFQ) is a document used to solicit price quotes from suppliers for specific goods or services.

Who is required to file request for quotations from?

Typically, businesses or organizations seeking to procure goods or services in response to a specific need are required to file a request for quotations.

How to fill out request for quotations from?

To fill out an RFQ, provide detailed information about the items or services needed, including specifications, quantities, deadlines, and any relevant terms and conditions.

What is the purpose of request for quotations from?

The purpose of an RFQ is to compare prices and terms from multiple suppliers to make an informed purchasing decision.

What information must be reported on request for quotations from?

An RFQ should report details such as product descriptions, specifications, quantities, delivery requirements, and any other pertinent contractual terms.

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