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This document is a Request for Quotation from the Bangko Sentral ng Pilipinas for the one-year supply and delivery of various local dailies/newspapers. It outlines the procurement process, requirements for submission, deadlines, and other related instructions for prospective suppliers.
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What is request for quotation?
A request for quotation (RFQ) is a document issued by a buyer to one or more suppliers asking for price quotations and terms for specific goods or services.
Who is required to file request for quotation?
Typically, businesses or organizations seeking to purchase goods or services in bulk or for larger projects are required to file a request for quotation.
How to fill out request for quotation?
To fill out a request for quotation, provide details about the products or services needed, specify quantities, include delivery timelines, and outline any specific terms or conditions required.
What is the purpose of request for quotation?
The purpose of a request for quotation is to solicit competitive bids from suppliers, enabling the buyer to compare prices and terms to make an informed purchasing decision.
What information must be reported on request for quotation?
Key information on a request for quotation includes item descriptions, quantities, specifications, required delivery dates, payment terms, and any relevant contractual conditions.
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