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This document serves as a formal request for quotations from PhilGEPS registered suppliers for the printing of the 2018 Annual Report of the Insurance Commission. It outlines the project details, submission guidelines, qualifications, terms of reference, and other necessary conditions for participation in the bidding process.

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How to fill out request for quotation

01

Begin by identifying the goods or services needed.

02

Clearly define the specifications, including dimensions, quality, and quantity.

03

Research potential suppliers to include in the request.

04

Create a request for quotation document outlining all requirements.

05

Include terms and conditions like delivery timelines, payment terms, and confidentiality agreements.

06

Send the request for quotation to selected suppliers.

07

Set a deadline for submissions and provide contact information for questions.

08

Review and compare the quotations received based on price, terms, and supplier reputation.

09

Make a decision and inform the selected supplier.

Who needs request for quotation?

01

Businesses looking to source materials or services economically.

02

Procurement managers needing competitive pricing from suppliers.

03

Organizations planning projects that require multiple vendor inputs.

04

Any entity that needs to ensure transparency and fairness in supplier selection.

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What is request for quotation?

A request for quotation (RFQ) is a document that a company or organization sends to suppliers to invite them to submit a quote for specific goods or services.

Who is required to file request for quotation?

Typically, procurement departments or designated purchasing professionals within an organization are required to file requests for quotation when seeking prices for goods or services.

How to fill out request for quotation?

To fill out a request for quotation, you should include details such as the items or services needed, specifications, quantity, delivery timeline, and any terms and conditions that apply.

What is the purpose of request for quotation?

The purpose of a request for quotation is to gather price information from multiple suppliers to compare costs, negotiate terms, and make informed purchasing decisions.

What information must be reported on request for quotation?

Information that must be reported on a request for quotation includes the description of goods or services, quantities required, delivery deadlines, payment terms, and any applicable specifications or standards.

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