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This document is a Request for Quotation (RFQ) issued by the Bangko Sentral ng Pilipinas (BSP) for the supply and delivery of 45 pieces of Meraklon Bags, including technical specifications and terms

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How to fill out request for quotation

01

Identify the products or services you need.

02

Gather detailed specifications for each item or service.

03

Research potential suppliers who can fulfill your request.

04

Prepare a formal request for quotation document.

05

Include your specifications, quantity needed, delivery requirements, and any other relevant details.

06

Set a deadline for suppliers to submit their quotations.

07

Send the request to the selected suppliers.

08

Review the received quotations and compare them based on price, quality, and delivery terms.

09

Select the supplier that best meets your needs.

Who needs request for quotation?

01

Businesses looking to procure goods or services.

02

Procurement departments within organizations.

03

Project managers needing budget estimates for specific projects.

04

Individuals planning to make large purchases.

05

Contractors needing quotes for construction or renovation work.

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What is request for quotation?

A request for quotation (RFQ) is a business document used to invite suppliers to submit price quotes for specific goods or services.

Who is required to file request for quotation?

Typically, businesses or organizations that need to procure goods or services in bulk or seek competitive pricing are required to file a request for quotation.

How to fill out request for quotation?

To fill out a request for quotation, clearly outline the specifications of the products or services needed, quantity, delivery requirements, and any other relevant criteria, and then send it to potential suppliers.

What is the purpose of request for quotation?

The purpose of a request for quotation is to collect pricing, terms, and conditions from multiple suppliers to make informed purchasing decisions.

What information must be reported on request for quotation?

Information that must be reported on a request for quotation includes item descriptions, quantities, delivery dates, payment terms, and any specific conditions or requirements.

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