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This document outlines the Request for Quotation for the preventive maintenance of vertical transportation equipment at Youngstown State University. It includes details about the submission process, contractor qualifications, pricing structures, and specific requirements for the maintenance work.
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How to fill out request for quotation

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How to fill out request for quotation

01
Identify the products or services needed.
02
Determine the specifications and requirements for the requested items.
03
Prepare a list of potential suppliers who can fulfill the request.
04
Draft the Request for Quotation (RFQ) document, clearly outlining all relevant details.
05
Include deadlines for submission of quotes.
06
Send the RFQ to the selected suppliers.
07
Wait for suppliers to respond with their quotes.
08
Evaluate the received quotes based on price, quality, and delivery time.
09
Select the supplier that best meets the requirements.
10
Communicate the decision to the chosen supplier and finalize the agreement.

Who needs request for quotation?

01
Businesses looking to procure products or services at competitive prices.
02
Project managers needing to source materials for projects.
03
Purchasing departments responsible for acquiring resources.
04
Companies seeking to compare offers from multiple vendors.
05
Organizations needing formal quotes for budgeting and planning purposes.
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A request for quotation (RFQ) is a business document that solicits price and other information from suppliers to procure goods or services.
Typically, businesses and organizations that wish to purchase goods or services from suppliers are required to file a request for quotation.
To fill out an RFQ, provide details such as product specifications, quantities needed, delivery requirements, and any other relevant terms and conditions.
The purpose of an RFQ is to gather competitive bids from suppliers to facilitate cost comparison and decision-making for purchasing.
Information such as item descriptions, specifications, quantities, desired delivery dates, payment terms, and contact details must be reported on an RFQ.
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