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This document invites quotations for the procurement of a Natural Gas Fueled Multi-Cylinder Spark Ignition Genset to be supplied to the Indian Institute of Technology, Delhi. It outlines technical
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How to fill out notice inviting quotation

01
Begin with a clear title, such as 'Notice Inviting Quotation'.
02
Provide a brief introduction stating the purpose of the notice.
03
Specify the item or service for which quotations are invited.
04
Include the deadline for submission of quotations.
05
Mention the format in which quotations should be presented.
06
Provide contact information for inquiries.
07
State any necessary terms and conditions that must be adhered to.

Who needs notice inviting quotation?

01
Vendors or suppliers looking to offer goods or services.
02
Companies or organizations seeking competitive pricing.
03
Government agencies inviting bids for public projects.
04
Non-profit organizations requiring donations or sponsorships.
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A notice inviting quotation is a formal request published by an organization or entity to solicit price quotations from suppliers or service providers for specific goods or services.
Typically, organizations or departments that require procurement of goods or services are required to file a notice inviting quotation to ensure a competitive bidding process.
To fill out a notice inviting quotation, one should include details such as the description of the goods or services needed, submission deadlines, eligibility criteria, terms and conditions, and contact information for inquiries.
The purpose of a notice inviting quotation is to ensure transparency in the procurement process and to allow multiple suppliers to submit their bids, thus promoting competition and obtaining the best value.
The information that must be reported includes the name and address of the issuing authority, description of goods or services, deadline for submission, evaluation criteria, and any relevant terms and conditions.
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