Request For Quotation (RFQ)

A Request for Quotation (RFQ) is a document or formal inquiry issued by a buyer or purchasing entity to solicit price quotations or bids from suppliers, vendors, or contractors for the supply of goods or services.

Once suppliers receive the RFQ, they prepare and submit their quotations or proposals in response to the specified requirements. The buyer evaluates the received quotations and selects the supplier offering the best value in terms of price, quality, delivery, and other relevant factors. The RFQ process helps buyers compare offers from multiple suppliers and make informed procurement decisions.

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This pre-draft of “Request For Quotation (RFQ)” is provided in 13 pages.

Word (.doc)

This pre-draft of “Request For Quotation (RFQ)” is provided in 13 pages.

The templates mostly include some words, phrases, tables, or paragraphs that should be replaced with specific information related to your case. For example:

Blue italicized text enclosed in square brackets [text] provides instructions to the document author or describes the intent, assumptions, and context for content included in this document.

Word(s) or expressions marked in blue in the text without brackets indicate a field that needs to be modified depending on your specific case or project or can still be used as suggested.

Text and tables in black are provided as examples of wording and formats that may be used or modified as appropriate to a specific case or project. These are offered only as suggestions to assist in developing documents; they are not mandatory formats.

Note: Before using your final prepared documents DO NOT FORGET to delete the Disclaimer in the footage.

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