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Breed Valley Municipality invites eligible suppliers to quote for the supply and delivery of electrical fittings, with a closing date of 19 July 2019.
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What is request for quotation?
A request for quotation (RFQ) is a business document used to invite suppliers to bid on specific products or services. It outlines the requirements and pricing for the requested items.
Who is required to file request for quotation?
Typically, organizations or businesses that need to purchase goods or services in bulk and want to compare prices from different suppliers are required to file a request for quotation.
How to fill out request for quotation?
To fill out a request for quotation, include details such as item descriptions, quantities needed, delivery terms, payment terms, and any specifications relevant to the goods or services.
What is the purpose of request for quotation?
The purpose of a request for quotation is to gather price information from multiple suppliers to assist in decision-making for purchasing goods or services at the best price.
What information must be reported on request for quotation?
Information that must be reported includes the name and address of the requester, detailed descriptions of the goods or services needed, quantities, deadlines for delivery, and any specific terms and conditions.
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