Request for Quotations Sample Clauses

The Request for Quotations clause establishes the process by which a party solicits price and service information from potential suppliers or contractors before entering into a contract. Typically, this clause outlines the requirements for submitting quotations, the format and deadline for responses, and any evaluation criteria that will be used to compare offers. Its core practical function is to ensure a transparent and competitive selection process, helping the requesting party obtain the best value and terms for the goods or services needed.
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Request for Quotations. Pre-qualified Pool members will be invited to participate in a Request for Quotations process for requested services when price is the only criteria. If the quote is accepted and within the guidelines established, the department will issue a purchase order to the selected vendor. All vendors who successfully prequalified for the group in question must be invited to participate.
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Request for Quotations. 11.2.1 An Agency may issue an RFQ to the Service Provider’s Agency Contact in the format provided in Schedule 5 (Request for Quotation Template), or similar format, at any time during the Head Agreement Period. 11.2.2 The RFQ will describe the scope of the Services required by the Agency. 11.2.3 In seeking a Quotation, an Agency may request Fees lower to those set out in the Relevant Schedule by seeking that quotes are given on a fixed price or other basis.
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Request for Quotations. (RFQs)‌ OGS highly recommends that all Authorized Users develop a formal competitive RFQ that will be distributed to the awarded Contractors in the applicable Lot. Contractors will compete against each other by submitting responses to the Authorized User as directed in the RFQ. The winning Contractor will enter into an Authorized User Agreement with the Authorized User. An award may be based on a Lowest Price or Best Value, as specified in the RFQ. Authorized Users shall give Contractors a minimum of fifteen (15) Business Days to respond to an RFQ.
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Request for Quotations. (a) A Customer may request a quotation from the Contractor before issuing an Order. (b) The Contractor must respond within 7 days with the quotation and, without prejudice to the Contractor’s obligations to meet any term of this Head Agreement and Entity Deed, its confirmation as to whether it can meet the Customer’s requirements. (c) If a Customer wishes to proceed with a quotation in accordance with clause 9.4(b), it may accept the quotation by issuing an Order using ordering system described in clause 9.2(a).
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Request for Quotations. TERMS AND CONDITIONS
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Request for Quotations. Prior to the issuance of a purchase order, the Company shall provide a request to the Contractor requesting a written quotation from the Contractor as to the price for the number of units requested and the time to complete and ship such units. Such written quotation will be delivered to the Company within twenty (20) business days of the Contractor's receipt of the request for a quotation.
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Request for Quotations. Prior to the issuance of a purchase order, the Company shall provide to the Contractor a request for a written quotation from the Contractor as to the price for the number of Sensors requested and the time to manufacture such Sensors, attach such Sensors to cables ("SENSOR CABLES") supplied by the Company and ship such completed assemblies ("SENSOR ASSEMBLIES") to the Company. The Contractor will deliver such written quotation to the Company within twenty (20) calendar days of the Contractor's receipt of the request for a quotation.
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Related to Request for Quotations

  • REQUEST FOR QUOTATION (RFQ) A type of Bid Document that can be used when a formal Bid opening is not required (e.g., discretionary, sole source, single source or emergency purchases).

  • Request for Quotes 9.1 Customers needing information technology staff augmentation services will create a Request for Quote eQuote event in MFMP Sourcing, each time they desire to solicit information technology staff augmentation services. The Customer shall issue a detailed RFQ that includes a term, service levels, educational qualifications and experience needed. 9.2 The Customer shall select at least one (1) awarded Contractor for the RFQ event. MFMP Sourcing will automatically add an additional twenty-five (25) randomly selected awarded Contractors to the RFQ event. All twenty-six (26) awarded Contractors sent the RFQ will receive a notification of the RFQ and may respond. Customers may view the RFQ Contractor List on the event’s “Overview” tab. 9.3 Pursuant to section 287.056(2), F.S., RFQs performed within the scope of this Contract are not independent competitive solicitations and are not subject to the notice or challenge provisions of section 120.57(3), F.S. 9.4 All Customers who utilize MFMP must use the MFMP Sourcing application for creating RFQ’s on this contract. Customers who do not utilize MFMP will create a RFQ document each time they desire to solicit information technology staff augmentation services and shall send the RFQ document electronically via email to at least (25) awarded or prequalified Contractors.

  • Listings or Quotation The Company shall promptly secure the listing or quotation of the Conversion Shares upon each national securities exchange, automated quotation system or The National Association of Securities Dealers Inc.'s Over-The-Counter Bulletin Board ("OTCBB") or other market, if any, upon which shares of Common Stock are then listed or quoted (subject to official notice of issuance) and shall use its best efforts to maintain, so long as any other shares of Common Stock shall be so listed, such listing of all Conversion Shares from time to time issuable under the terms of this Agreement. The Company shall maintain the Common Stock's authorization for quotation on the OTCBB.

  • Rate Quotations The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders nor affect the rate of interest which thereafter is actually in effect when the election is made.

  • Absence of quotations Subject to clause 10.2 (Market Disruption Event), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by 11:00 a.m. on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.