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This document is a Request for Quotation (RFQ) from the Department of Trade and Industry for roundtrip airline tickets to Korea. It outlines the requirements for bidding, including the submission details, deadlines, and necessary documentation. The approved budget for the contract is PHP 110,000, and interested bidders must provide their lowest possible price for the tickets.
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How to fill out request for quotation rfq

How to fill out request for quotation rfq
01
Identify the goods or services needed.
02
Gather specifications and requirements for the project.
03
Determine the quantity and delivery timeline.
04
Select potential suppliers or vendors to send the RFQ to.
05
Draft the RFQ document, including all necessary details.
06
Include terms and conditions that suppliers need to comply with.
07
Distribute the RFQ to the selected suppliers.
08
Set a deadline for suppliers to submit their quotations.
09
Review the received quotations for comparison.
10
Select the best quotation based on criteria like price, quality, and delivery time.
Who needs request for quotation rfq?
01
Businesses looking to procure goods or services.
02
Project managers overseeing a specific project.
03
Purchasing departments responsible for supplier selection.
04
Organizations seeking competitive pricing from multiple vendors.
05
Companies that require detailed proposals for budget planning.
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What is request for quotation rfq?
A Request for Quotation (RFQ) is a document used to solicit price bids from potential suppliers for specific products or services.
Who is required to file request for quotation rfq?
Typically, businesses or organizations seeking to procure goods or services are required to file an RFQ to ensure competitive pricing.
How to fill out request for quotation rfq?
To fill out an RFQ, provide detailed specifications of the products or services needed, quantity, delivery requirements, and any specific terms or conditions that must be met.
What is the purpose of request for quotation rfq?
The purpose of an RFQ is to gather pricing information and terms from various suppliers to make informed purchasing decisions.
What information must be reported on request for quotation rfq?
Common information includes product/service descriptions, quantity, budget constraints, timeline, and evaluation criteria for suppliers.
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