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MARIANO MARCOS STATE UNIVERSITY Procurement Division Request for Quotation (RFQ) (Goods and Services)Document CodePDFRM002Revision No. Effectivity Date4 Page 1 of 2 January 8, 2021REQUEST FOR QUOTATION
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Begin by gathering all necessary information about the items or services you want to quote.
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Clearly outline the scope of work or materials required in detail.
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Research current market rates for the products or services needed.
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Determine your own cost structure and desired profit margin.
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Use the information gathered to compile a detailed quotation.
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Please quote your lowest is a request for the lowest price or rate you can offer for a given product or service.
Typically, vendors, contractors, or service providers responding to a bid or quotation request are required to provide their lowest quotes.
To fill out please quote your lowest, provide your lowest price for the specified goods or services, including any necessary details like quantities, specifications, and terms.
The purpose of please quote your lowest is to gather competitive pricing from different suppliers or service providers to make informed purchasing decisions.
The information that must be reported includes the quoted price, product or service description, delivery terms, payment conditions, and any applicable taxes or fees.
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