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QUOTATION STANDARD BIDDING DOCUMENT Appendix
QUOTATION FOR THE FOLLOWING SPECIFIED SUPPLY REQUIREMENTSQUOTATION
NUMBER:NRF/SAXON/ICT/03/2016CLOSING
DATE:18 May 2015QUOTATION DESCRIPTIONProvision of
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How to fill out quotation description
How to fill out a quotation description:
01
Start by gathering all the necessary information about the product or service you are quoting. This includes the product name, specifications, and any additional features or options.
02
Clearly state the purpose of the quotation description. Whether it is for a potential customer, a vendor, or for internal record-keeping, define the intended audience.
03
Provide a brief introduction to the product or service being quoted. Describe its main features, benefits, and how it can meet the needs of the customer or client.
04
Break down the pricing structure. Include the unit price, quantity, any applicable discounts, and the total cost. Be transparent and avoid any hidden or additional charges.
05
Clearly outline the terms and conditions of the quotation, including payment terms, delivery details, and any warranties or guarantees.
06
If necessary, provide any additional information or specifications that may be relevant to the customer, such as packaging options, customization possibilities, or special requirements.
Who needs quotation description?
01
Potential Customers: Quotation descriptions are essential for potential customers who are evaluating different products or services. It helps them understand the details, features, and prices involved so they can make an informed decision.
02
Vendors: Quotation descriptions are also useful for vendors who need to compare different quotations or negotiate prices with suppliers. It allows them to understand the offerings and terms from different sources.
03
Internal Record-Keeping: Companies often maintain a record of all the quotations they provide, along with the accompanying descriptions. This serves as a reference for future transactions, internal auditing, or analysis.
In summary, a well-written quotation description includes all the necessary details about the product or service, clearly states the pricing structure, outlines the terms and conditions, and caters to the needs of potential customers, vendors, and internal record-keeping purposes.
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What is quotation description?
Quotation description is a detailed explanation or summary of the terms, conditions, and specifications of a proposed purchase or transaction.
Who is required to file quotation description?
Any individual or entity issuing a quotation or bid is required to file a quotation description.
How to fill out quotation description?
Quotation descriptions should be filled out with accurate and detailed information about the products or services being offered, pricing, delivery terms, and any other relevant details.
What is the purpose of quotation description?
The purpose of a quotation description is to provide potential buyers with all the necessary information about a product or service to help them make an informed decision.
What information must be reported on quotation description?
Information such as product or service description, pricing, payment terms, delivery schedule, and any other relevant terms and conditions must be reported on a quotation description.
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