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REQUEST FOR QUOTATION (RFQ)RFQ NUMBER: KZN/RAIL/08/05/2022/016/QREQUEST FOR QUOTATION (RFQ) FOR: SUPPLY OF A HEAVY ONTRACK BALLAST REGULATING/PROFILING MACHINE (FOR 06 MONTHS) FOR METRORAIL KZN1SECTION
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How to fill out request for quotation rfq

01
Determine the goods or services needed.
02
Gather specifications and requirements for the items or services.
03
Identify potential suppliers and vendors who can fulfill the request.
04
Draft the request for quotation (RFQ) document, including detailed descriptions, quantities, and delivery dates.
05
Include any terms and conditions, payment methods, and specific evaluation criteria.
06
Send the RFQ to the selected suppliers.
07
Set a deadline for responses and specify how to submit quotes.
08
Review the submitted quotations and compare them based on pricing and terms.
09
Make a decision and notify selected supplier(s) for further negotiation or purchase.

Who needs request for quotation rfq?

01
Businesses or organizations looking to procure goods or services.
02
Procurement departments requiring quotations from suppliers.
03
Project managers needing information on costs for budgeting and planning.
04
Individuals or groups managing contracts and purchasing processes.
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A Request for Quotation (RFQ) is a business document used to invite suppliers to submit pricing and terms for specific goods or services.
Typically, businesses and organizations looking to procure goods or services from suppliers are required to file an RFQ.
To fill out an RFQ, include detailed specifications of the goods or services needed, quantities, delivery timelines, and any other specific terms or conditions.
The purpose of an RFQ is to compare prices and terms from different suppliers to ensure a competitive procurement process.
An RFQ must report the item descriptions, quantities, delivery requirements, payment terms, and deadlines for submissions.
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