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This document is a Request for Quotation issued by the Johannesburg Tourism Company for the appointment of a suitable and qualified service provider to secure an exhibition booth for Joburg Tourism\'s participation at the ITB – Asia Trade Exhibition 2024, taking place from 23-25 October 2024 in Singapore. It includes details about the event, conditions for quotation submissions, qualifications required, and evaluation criteria.
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01
Determine the items or services needed.
02
Research potential suppliers or vendors.
03
Prepare a detailed description of the products/services needed, including specifications and quantities.
04
Set a deadline for submission of quotations.
05
Create a request for quotation (RFQ) document outlining all requirements.
06
Distribute the RFQ to selected suppliers.
07
Review the received quotations once submitted.
08
Evaluate the quotations based on price, quality, and delivery terms.
09
Select the suitable supplier and communicate the decision.

Who needs request for quotation rfq?

01
Businesses looking to procure goods or services.
02
Project managers needing to acquire materials.
03
Procurement departments in organizations.
04
Contractors seeking bids from suppliers.
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Any entity that needs competitive pricing on large orders.
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A Request for Quotation (RFQ) is a documented solicitation issued by an organization to invite suppliers or vendors to submit price quotations for specific products or services.
Typically, organizations or individuals seeking to procure goods or services from suppliers are required to file an RFQ.
To fill out an RFQ, provide detailed descriptions of the required products or services, specify quantities, include terms and conditions, and indicate the deadline for submissions.
The purpose of an RFQ is to gather price quotes from multiple suppliers to ensure competitive pricing and to facilitate the procurement process.
An RFQ must report information such as product specifications, quantities, delivery requirements, deadlines for submission, and any contractual terms.
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