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The City of Surrey invites contractors to submit quotations for the supply and delivery of backhoe loaders, ensuring adherence to specified requirements and timelines.
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What is request for quotations?
A request for quotations (RFQ) is a document used by businesses or organizations to solicit price quotes from suppliers or vendors for specific goods or services.
Who is required to file request for quotations?
Typically, procurement departments within companies or organizations are required to file requests for quotations when seeking competitive bids for procurement purposes.
How to fill out request for quotations?
To fill out a request for quotations, provide detailed information about the goods or services needed, including specifications, quantity, delivery requirements, and any specific terms or conditions relevant to the procurement.
What is the purpose of request for quotations?
The purpose of a request for quotations is to obtain competitive pricing and terms from multiple suppliers, ensuring that the buyer can make an informed decision based on quality and cost.
What information must be reported on request for quotations?
Information that must be reported on a request for quotations includes the item description, quantity, delivery schedule, specifications, and any mandatory terms and conditions.
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