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This document is a Request for Quotations (RFQ) issued by the City of Surrey for contractors to provide a quotation for the supply and delivery of pumps to replace existing systems at the North Bluff Pump Station. It outlines the specifications, procurement process, terms and conditions for submission, and requirements for the goods needed.
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How to fill out request for quotations
How to fill out request for quotations
01
Begin by identifying the items or services for which you need quotes.
02
Prepare a detailed specifications document outlining the requirements.
03
Create a list of potential vendors or suppliers.
04
Develop a formal Request for Quotation (RFQ) document including key details such as quantity, delivery terms, and payment terms.
05
Distribute the RFQ to the selected vendors.
06
Set a deadline for vendors to submit their quotations.
07
Collect and compare the quotations received.
08
Evaluate the proposals based on cost, quality, and delivery time.
09
Select the vendor that best fits your needs and finalize the agreement.
Who needs request for quotations?
01
Businesses looking to procure goods or services at competitive prices.
02
Purchasing managers responsible for sourcing and supplier selection.
03
Project managers needing cost estimates for budgeting purposes.
04
Organizations that require multiple supplier options before making a decision.
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What is request for quotations?
A request for quotations (RFQ) is a document soliciting price quotes from vendors for specific goods or services, often used in procurement.
Who is required to file request for quotations?
Typically, businesses or organizations seeking to purchase goods or services are required to file a request for quotations to obtain competitive pricing and terms.
How to fill out request for quotations?
To fill out a request for quotations, identify the items or services needed, provide detailed specifications, outline delivery and payment terms, and include any other relevant information or criteria for selection.
What is the purpose of request for quotations?
The purpose of a request for quotations is to gather pricing and terms from multiple suppliers to make an informed purchasing decision and ensure competitive pricing.
What information must be reported on request for quotations?
Information that must be reported on a request for quotations includes a clear description of the goods or services, quantity needed, required delivery dates, and any specific conditions or criteria for the suppliers.
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