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Submit your bid for the supply and delivery of cleaning materials under FPQ202404/007. Closing date: 26 April 2024 at 12h00.

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What is formal price quotation?

A formal price quotation is a document that outlines the pricing details for goods or services offered by a seller to a buyer. It typically includes detailed information about the product, specifications, quantities, and any terms and conditions of the sale.

Who is required to file formal price quotation?

Businesses or individuals who wish to provide a specific pricing offer for goods or services to potential customers or clients are usually required to file a formal price quotation.

How to fill out formal price quotation?

To fill out a formal price quotation, include the seller's and buyer's information, a detailed description of the goods or services, pricing per unit, total cost, payment terms, delivery terms, and any other relevant conditions.

What is the purpose of formal price quotation?

The purpose of a formal price quotation is to provide a clear and precise pricing proposal to potential buyers, establish expectations for both parties, and serve as a basis for negotiation and agreement.

What information must be reported on formal price quotation?

A formal price quotation should report the seller's contact information, buyer's contact information, a detailed breakdown of services or goods offered, unit prices, total pricing, payment terms, delivery information, and any applicable terms and conditions.

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