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This document is a request for quotation issued by the Philippine Postal Corporation for the procurement of personalized stamps. It outlines conditions for submission, required documents, specifications
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How to fill out request for quotation
How to fill out request for quotation
01
Identify the goods or services you need.
02
Research potential suppliers and gather their contact information.
03
Prepare a detailed description of your requirements, including specifications and quantities.
04
Draft a formal request for quotation (RFQ) document.
05
Include your company's information and any specific terms and conditions.
06
Send the RFQ to the identified suppliers.
07
Set a deadline for suppliers to submit their quotations.
08
Review the received quotations and compare them based on price, quality, and terms.
09
Follow up with suppliers if necessary for clarification.
10
Select the best quote and proceed with the procurement process.
Who needs request for quotation?
01
Businesses looking to purchase goods or services.
02
Procurement departments within organizations.
03
Companies seeking to compare prices from multiple suppliers.
04
Startups needing to establish supplier relationships.
05
Individuals making bulk purchases for projects.
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What is request for quotation?
A request for quotation (RFQ) is a document sent to suppliers to solicit price quotes for specific goods or services. It typically includes detailed specifications and requirements.
Who is required to file request for quotation?
Businesses or organizations that need to procure goods or services and want to compare offers from multiple suppliers are required to file a request for quotation.
How to fill out request for quotation?
To fill out an RFQ, include the item description, quantities needed, delivery schedule, payment terms, and any specific requirements or conditions. Make sure to provide clear and detailed information to suppliers.
What is the purpose of request for quotation?
The purpose of an RFQ is to obtain competitive pricing from different suppliers, ensuring a fair process for purchasing and helping organizations make informed procurement decisions.
What information must be reported on request for quotation?
The RFQ should report information such as the item specifications, quantities required, delivery timelines, payment options, and any specific conditions or requirements that the supplier must meet.
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