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This document outlines a request for quotation to supply and deliver beard covers to iThemba LABS, providing detailed specifications, conditions for bidding, and requirements for compliance including B-BBEE certification.

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How to fill out request for quotation

01

Identify the goods or services needed.

02

Research potential suppliers.

03

Gather necessary details for the RFQ such as specifications, quantities, and delivery timelines.

04

Create a clear and concise request form, including all relevant information.

05

Send the RFQ to selected suppliers with a request for quotes by a specific deadline.

06

Review and compare the received quotes based on price, terms, and supplier reputation.

07

Make a decision and inform the chosen supplier.

Who needs request for quotation?

01

Businesses planning to purchase goods or services in bulk.

02

Procurement departments looking for the best price and terms.

03

Companies that require competitive pricing from multiple suppliers.

04

Organizations needing detailed specifications for project budgeting.

05

Individuals or teams involved in contract negotiations and vendor selection.

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What is request for quotation?

A request for quotation (RFQ) is a purchasing document used to invite suppliers to provide price quotes for goods or services.

Who is required to file request for quotation?

Organizations or businesses that need to procure goods or services through competitive pricing are typically required to file a request for quotation.

How to fill out request for quotation?

To fill out a request for quotation, provide detailed specifications of the required goods or services, include terms and conditions, and specify the deadline for responses.

What is the purpose of request for quotation?

The purpose of a request for quotation is to obtain price bids from various suppliers to ensure competitive pricing and informed decision-making in purchasing.

What information must be reported on request for quotation?

Information that must be reported includes the description of the goods or services required, quantity needed, delivery requirements, and terms of payment.

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