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This document is a Request for Quotation (RFQ) issued by the Bureau of Internal Revenue, Department of Finance of the Republic of the Philippines, inviting suppliers to submit their lowest price quotations
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How to fill out request for quotation

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How to fill out request for quotation

01
Identify the items or services you need and gather specifications.
02
Prepare a detailed list of requirements including quantities, delivery dates, and relevant standards.
03
Research potential suppliers who can provide the goods or services.
04
Create a request for quotation (RFQ) document including all relevant details.
05
Include terms and conditions, payment options, and any deadlines for submission.
06
Send the RFQ to the selected suppliers.
07
Collect responses from suppliers and compare the quotes received.
08
Evaluate the quotations based on price, quality, and provider reliability.
09
Make a decision and notify the selected supplier.

Who needs request for quotation?

01
Businesses looking to procure goods or services at a competitive price.
02
Procurement departments seeking to streamline the purchasing process.
03
Companies needing multiple quotes for budget approval.
04
Organizations aiming to establish relationships with new suppliers.
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A request for quotation (RFQ) is a document issued by a buyer to solicit price quotes and terms from potential suppliers for specific goods or services.
Typically, businesses or organizations seeking to purchase goods or services from suppliers are required to file a request for quotation.
To fill out an RFQ, specify the required goods or services, provide detailed descriptions, quantity, delivery timelines, and any other relevant terms and conditions.
The purpose of an RFQ is to gather competitive pricing and terms from different suppliers to make informed purchasing decisions.
Essential information to report on an RFQ includes item specifications, quantities needed, deadlines for delivery, terms of payment, and any special conditions.
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