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This document serves as the Abstract of Quotation for the procurement of various ICT equipment for the different units and offices of Romblon State University, detailing the item descriptions, quantities,

How to fill out abstract of quotation

How to fill out abstract of quotation

1. Gather all relevant details of the quotation.
2. Write a brief summary of the main idea or subject of the quotation.
3. Include the purpose of the quotation.
4. Note the source of the quotation such as the author or book.
5. Mention any specific context or situation in which the quotation is used.
6. Keep the abstract concise and clear, avoiding unnecessary jargon.
7. Review and revise the abstract to ensure accuracy and clarity.

Who needs abstract of quotation?

1. Researchers looking to summarize quotations in their work.
2. Students preparing essays or projects based on quotations.
3. Editors and publishers reviewing written materials.
4. Professionals summarizing quotations for reports or presentations.
5. Anyone who wants to make sense of a collection of quotations.

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What is abstract of quotation?

An abstract of quotation is a summarized document that provides key details about a quotation, which typically includes the main terms, conditions, and pricing offered for goods or services.

Who is required to file abstract of quotation?

Generally, organizations or individuals who receive and evaluate quotations for procurement purposes are required to file an abstract of quotation, including government agencies and businesses participating in formal bidding processes.

How to fill out abstract of quotation?

To fill out an abstract of quotation, one should gather quotations from multiple vendors, record essential details such as vendor names, quoted prices, terms and conditions, and any relevant bid specifications, and then organize this information in a clear and concise format.

What is the purpose of abstract of quotation?

The purpose of an abstract of quotation is to provide a clear comparison of the received quotations, facilitate decision-making for procurement, ensure transparency in the bidding process, and maintain a record of the proposals evaluated.

What information must be reported on abstract of quotation?

The information that must be reported on an abstract of quotation includes the names of the vendors, the quoted prices, terms of the quotation, specifications of goods or services, and any notes regarding compliance or exceptions.