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Get the free Request for Quotation (rfq)

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The SABC seeks quotations for supplying and delivering PPE on an as-needed basis for 5 years. Submit RFQ by 08 November 2023, 12H00.
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How to fill out request for quotation rfq

01
Identify the products or services needed.
02
Research and select potential suppliers or vendors.
03
Prepare a detailed specifications document outlining requirements.
04
Create a Request for Quotation (RFQ) form with the necessary sections.
05
Include information such as quantity, quality standards, delivery requirements, and payment terms in the RFQ.
06
Send the RFQ to selected suppliers with a clear deadline for responses.
07
Collect and review the quotations received from suppliers.
08
Evaluate the quotations based on price, quality, and delivery terms.
09
Select the supplier that best meets your criteria and notify them.

Who needs request for quotation rfq?

01
Businesses looking to procure goods or services in bulk.
02
Procurement departments responsible for sourcing materials.
03
Project managers needing estimates for specific projects.
04
Organizations aiming to ensure competitive pricing through multiple quotes.
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A Request for Quotation (RFQ) is a document used by organizations to solicit price quotes from suppliers for goods or services.
Typically, businesses or organizations seeking to purchase goods or services in bulk or requiring competitive pricing are required to file an RFQ.
To fill out an RFQ, include the specific goods or services needed, quantities, desired delivery dates, and any other relevant specifications or terms of service.
The purpose of an RFQ is to gather price information from various suppliers to ensure competitive bidding and get the best value for money.
An RFQ must report information such as item descriptions, quantities needed, deadlines, payment terms, and any technical specifications.
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