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This document outlines the request for quotation (RFQ) issued by the Insurance Sector Education and Training Authority (INSETA) for the appointment of a qualified service provider to implement an Employee Wellness Programme for a duration of three years. The program aims to provide support to approximately 130 employees and their immediate family members, promoting a healthy work-life balance and enhancing productivity and morale in the workplace.

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How to fill out rfq request for quotation

01

Start by identifying the products or services you need.

02

Gather specifications and requirements for each item.

03

Research potential suppliers and their capabilities.

04

Create a formal RFQ document, including your company details.

05

Clearly state the items or services needed, including quantities and delivery timelines.

06

Include any terms and conditions that apply to the RFQ.

07

Specify the deadline for suppliers to submit their quotations.

08

Distribute the RFQ to selected suppliers and ensure they receive it.

09

Review submitted quotations based on price, terms, and reliability.

10

Select the best supplier and communicate your decision.

Who needs rfq request for quotation?

01

Businesses looking to procure goods or services.

02

Procurement departments within organizations.

03

Project managers needing estimates for budgeting.

04

Small companies seeking competitive pricing from multiple suppliers.

05

Any organization requiring detailed cost proposals for specific needs.

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What is rfq request for quotation?

RFQ stands for Request for Quotation. It is a document issued by buyers to solicit price quotes from suppliers for specific goods or services.

Who is required to file rfq request for quotation?

Typically, businesses and organizations that require goods or services and aim to compare pricing from multiple vendors are required to file an RFQ.

How to fill out rfq request for quotation?

To fill out an RFQ, include details such as the specifications of the needed goods or services, desired delivery dates, quantity, and any other relevant terms and conditions.

What is the purpose of rfq request for quotation?

The purpose of an RFQ is to gather competitive pricing information from different suppliers to enable an informed purchasing decision.

What information must be reported on rfq request for quotation?

An RFQ should report information including item descriptions, quantities, delivery terms, deadline for quotations, and any applicable terms and conditions.

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