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AUTHORIZED FOR LOCAL REPRODUCTIONSTANDARD FORM 18 (REV. 695)Previous edition not usable Prescribed by GSA FAR (48 CFR) 53.2151(a)REQUEST FOR QUOTATION(THIS IS NOT AN ORDER) THIS RFQ _ IS x IS NOT
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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
Gather specifications and requirements for each item.
03
Determine the quantity and delivery time frame.
04
Select potential suppliers to approach.
05
Draft a formal request for quotation (RFQ) document.
06
Include your company details and contact information.
07
Outline the specific items or services, along with their specifications.
08
Add any terms and conditions that apply.
09
Send the RFQ to the selected suppliers.
10
Set a deadline for responses and ensure to follow up if necessary.

Who needs request for quotation?

01
Businesses looking to procure goods or services.
02
Procurement departments within organizations.
03
Project managers needing estimates for projects.
04
Startups seeking initial costs from suppliers.
05
Individual contractors wanting competitive pricing.

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A request for quotation (RFQ) is a document sent by a buyer to suppliers asking for prices and other terms for specific products or services.
Typically, businesses seeking to acquire goods or services in significant amounts are required to file a request for quotation.
To fill out a request for quotation, one should clearly list the items or services required, specify quantities, outline delivery requirements, and provide contact information for further communication.
The purpose of a request for quotation is to gather competitive pricing and proposals from various suppliers to make informed purchasing decisions.
The RFQ must report details like item descriptions, quantities, technical specifications, delivery schedules, and terms of payment.
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