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This document serves as a formal Request for Quotation by the State of Indiana for the procurement of various goods or services. It outlines the required information for bidders to submit their quotations, including deadlines, terms and conditions, and compliance requirements. Bidders are advised to carefully read the instructions to avoid any errors that could lead to rejection of their quotations.
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A request for quotation (RFQ) is a document that organizations use to solicit price quotes and proposals from suppliers for the purchase of goods or services.
Typically, any organization or business that seeks to procure goods or services from external suppliers may be required to file a request for quotation.
To fill out a request for quotation, provide details about the required goods or services, specify quantities, include terms and conditions, and outline submission guidelines for vendors.
The purpose of a request for quotation is to gather pricing and proposals from different suppliers to compare costs, evaluate options, and make informed purchasing decisions.
Information that must be reported on a request for quotation includes item descriptions, quantities, delivery requirements, payment terms, and the deadline for submission of quotes.
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