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This document outlines the requirements and procedures for submitting quotations for group tour travel arrangements organized by the Labuan Financial Services Authority. It includes specifications for travel agencies to follow, submission details, vendor requirements, and a declaration of compliance with ethical standards.
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How to fill out request for quotation
How to fill out request for quotation
01
Identify the products or services needed.
02
Gather specifications and requirements for each item.
03
Research potential suppliers or vendors.
04
Create a Request for Quotation (RFQ) document.
05
Include all necessary details in the RFQ, such as quantities, deadlines, and terms.
06
Send the RFQ to the selected suppliers.
07
Set a deadline for responses.
08
Evaluate the quotations received.
09
Make a decision based on pricing, quality, and delivery terms.
Who needs request for quotation?
01
Businesses seeking to procure goods or services.
02
Organizations planning to source products for projects.
03
Procurement departments managing supplier relationships.
04
Contractors requiring quotes for construction or services.
05
Any entity comparing prices and options from various vendors.
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What is request for quotation?
A request for quotation (RFQ) is a document that a buyer sends to suppliers to solicit price quotes and terms for specific products or services.
Who is required to file request for quotation?
Typically, businesses and organizations looking to procure goods or services may be required to file a request for quotation.
How to fill out request for quotation?
To fill out a request for quotation, include specific details about the products or services needed, quantity, delivery requirements, and any relevant terms and conditions.
What is the purpose of request for quotation?
The purpose of a request for quotation is to obtain competitive pricing and terms from multiple suppliers to make informed purchasing decisions.
What information must be reported on request for quotation?
The RFQ should include information such as product specifications, quantity required, delivery date, payment terms, and contact information.
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