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This document is a Request for Quotation issued by the Department of Social Welfare and Development - MIMAROPA Field Office, soliciting bids for various customized goods including jackets, bags, and
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How to fill out request for quotation
How to fill out request for quotation
01
Identify the products or services needed.
02
Gather specifications, quantities, and relevant details for each item.
03
Choose potential suppliers who can fulfill the request.
04
Create a clear and concise request for quotation document.
05
Include deadlines for receiving quotes.
06
Distribute the request for quotation to selected suppliers.
07
Ensure all suppliers understand the submission process.
08
Review the incoming quotes carefully.
09
Compare quotes based on price, quality, and delivery time.
10
Make an informed decision and communicate with the selected supplier.
Who needs request for quotation?
01
Businesses looking to procure goods or services.
02
Procurement departments and purchasing managers.
03
Contractors seeking quotes for project materials or labor.
04
Companies planning to compare pricing from multiple suppliers.
05
Organizations aiming to enhance their purchasing process.
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What is request for quotation?
A request for quotation (RFQ) is a business document that an organization sends to potential suppliers inviting them to submit pricing and other bid information for a specific product or service.
Who is required to file request for quotation?
Typically, procurement departments or purchasing agents within an organization are required to file a request for quotation when seeking pricing and terms from suppliers.
How to fill out request for quotation?
To fill out a request for quotation, provide detailed information about the products or services needed, including specifications, quantity, delivery requirements, and any other relevant terms. Ensure that the format is clear and easy to understand for the suppliers.
What is the purpose of request for quotation?
The purpose of a request for quotation is to gather competitive pricing and terms from multiple suppliers, allowing the organization to make informed purchasing decisions based on cost, quality, and delivery times.
What information must be reported on request for quotation?
The RFQ should include information such as product or service description, quantity, specifications, delivery timelines, payment terms, and company contact information.
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