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This document serves as a template for bidders to submit their quotations for construction materials and supplies required by Romblon State University, detailing specific items, quantities, and pricing,
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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
Gather specifications and requirements for each item.
03
Choose potential suppliers who can provide the requested goods or services.
04
Prepare the Request for Quotation (RFQ) document, including all necessary details.
05
Clearly outline deadlines for responses and submission requirements.
06
Send the RFQ to the selected suppliers.
07
Review received quotations and compare them based on price, quality, and delivery terms.
08
Select the supplier that best meets your needs and proceed with procurement.
Who needs request for quotation?
01
Businesses looking to acquire goods or services.
02
Procurement departments requiring competitive pricing.
03
Project managers needing material or service estimates.
04
Startups seeking cost-effective solutions for various operations.
05
Organizations planning events that require vendors or services.
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What is request for quotation?
A request for quotation (RFQ) is a business process in which a company solicits bids from suppliers for the provision of specific goods or services, allowing the company to compare costs and select the most competitive offer.
Who is required to file request for quotation?
Typically, procurement departments or purchasing managers within an organization are responsible for filing requests for quotations when they need to source products or services.
How to fill out request for quotation?
To fill out a request for quotation, include details such as the description of the goods or services required, quantities needed, delivery deadlines, and any specifications or terms that suppliers need to meet.
What is the purpose of request for quotation?
The purpose of a request for quotation is to obtain competitive pricing from multiple suppliers, to ensure that the organization is making informed purchasing decisions based on cost and quality.
What information must be reported on request for quotation?
The information that must be reported on a request for quotation includes the specific items or services required, quantities, delivery timelines, applicable terms and conditions, and any relevant details regarding specifications or standards.
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