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This document is a Request for Quotation (RFQ) issued by the Procurement Planning & Management Department of the Social Security System in the Philippines, inviting suppliers to submit their quotations for specific items, including power tools and audio equipment, by a specified deadline. It outlines the terms, conditions, and requirements for bidders, including submission procedures and compliance obligations.
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How to fill out request for quotation rfq

01
Begin by identifying the goods or services you require.
02
Create a detailed description of each item or service, including specifications and quantities.
03
Determine the deadline for submitting responses and the timeframe for delivery.
04
Research potential suppliers and compile their contact information.
05
Draft the RFQ document, including your company's terms and conditions, payment terms, and any other relevant information.
06
Send the RFQ to selected suppliers and specify how they should submit their quotes.
07
Review the quotes received for completeness and compliance with your requirements.
08
Evaluate the quotes based on price, quality, and delivery time.
09
Select a supplier and finalize the purchase agreement.

Who needs request for quotation rfq?

01
Businesses looking to procure goods or services.
02
Procurement professionals responsible for sourcing supplies.
03
Project managers requiring cost estimates for budgeting.
04
Organizations needing to compare pricing and terms from multiple suppliers.
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A Request for Quotation (RFQ) is a document that solicits price quotes from suppliers for specific goods or services. It allows buyers to compare prices and terms before making a purchase decision.
Organizations or individuals seeking to procure goods or services typically file RFQs. This can include businesses, government agencies, and non-profits that need to source products or services from vendors.
To fill out an RFQ, provide detailed descriptions of the goods or services needed, specify quantities, outline any terms and conditions, and indicate a deadline for submissions. Ensure that the form is clear and includes all necessary contact information.
The purpose of an RFQ is to gather competitive pricing and terms from various suppliers to make informed purchasing decisions, ensuring best value for money.
An RFQ must include the description of goods or services, quantities needed, delivery requirements, payment terms, and the deadline for submitting quotes. Contact information for inquiries should also be included.
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