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The Township of Faraday invites quotations for grading and hot mix paving under RFQ #R01-2024. Quotations accepted until April 24, 2024. Contact Scott Laundry for details.
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What is request for quotation?
A request for quotation (RFQ) is a document sent to suppliers to solicit price quotes and terms for specific products or services that a business intends to purchase.
Who is required to file request for quotation?
Typically, purchasing departments or procurement professionals within organizations are required to file requests for quotation when they seek to obtain competitive pricing and terms from multiple suppliers.
How to fill out request for quotation?
To fill out a request for quotation, you should include detailed specifications of the goods or services needed, the quantity required, any applicable delivery schedules, and contact information for follow-up. It's also beneficial to outline evaluation criteria.
What is the purpose of request for quotation?
The purpose of a request for quotation is to gather pricing information from various suppliers in order to compare costs and terms, allowing businesses to make informed purchasing decisions.
What information must be reported on request for quotation?
Information that must be reported on a request for quotation includes product specifications, quantities needed, desired delivery dates, evaluation criteria, and any other relevant terms and conditions.
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