Requests for Quotes Clause Samples
The "Requests for Quotes" clause outlines the process by which one party may solicit price or service quotations from another party, typically before entering into a contract or placing an order. This clause usually specifies the information that must be included in a request, such as product specifications, quantities, and delivery timelines, and may set deadlines for responses. Its core practical function is to establish a clear and standardized method for obtaining and comparing offers, thereby facilitating informed decision-making and promoting transparency in procurement or contracting processes.
Requests for Quotes. Additional quotes are not required under this contract; however, customers have the option to initiate a request for quotes (RFQ), which is an oral or written request for written pricing or service information from a Contractor/Authorized Dealer for products available under the Contract from that Contractor. If Eligible Users elect to utilize a RFQ, they shall create and maintain written records of oral and written requests, as well as records of quotes received. Quotes shall be in writing but otherwise informal, and need not be received or posted publicly or at a particular time or place. A Customer shall initiate a sufficient number of requests to obtain a minimum of three quotes, and shall place its purchase order with the Contractor quoting the lowest price, unless the Customer documents in writing that the lowest price quote would not result in best value.
Requests for Quotes. A JBE may place orders for Work by issuing a Purchase Order as further described in Section 4.1.2, Purchase Orders.
Requests for Quotes. The process for JBEs to request quotes shall be as follows:
(i) Contact both vendors and provide a scope of requirements that includes, at a minimum:
a. The JBE’s Specific Requirements regarding spacing, dimension limitations and tunnel size.
b. Delivery location(s), including special instructions such as internal deliveries or availability of loading docks.
▇. ▇▇▇▇(s) the system(s) are needed to be installed, tested, and ready for use.
d. Process for delivery (building entry and security requirements, etc.)
e. Other requested services, such as removal and disposal of old systems, and additional warranty services.
f. Other requested goods, such as Plexiglas entry/exit ▇▇▇▇▇▇▇, and movable pedestal stands.
(ii) Vendors shall provide a quote based on the scope of requirements within a specific time period as set by the JBE. Contractor’s quote must reference this Agreement, Leveraged Procurement Agreement LPA-84377, and Contractor’s quoted pricing cannot exceed the pricing specified in Exhibit E of this Agreement.
(iii) The JBE must select the vendor who provides the lowest overall quote for the deliverables that meet the JBE’s s cope of requirements and the terms and conditions of this Agreement.
Requests for Quotes. The awarded vendor shall be the only vendor authorized to sell Microsoft products under this contract. No additional Request for Quotes or bid requests are required under this contract.
Requests for Quotes. Although not required for the State Term Contract resulting from this RFP, CUSTOMERS MAY COMPETITIVELY SET THE PRICE FOR ANY PURCHASE BY INITIATING A REQUEST FOR QUOTES (“RFQ”) among the awardees within a Category. An RFQ is an oral or written request for written pricing or service information from a Contractor, for products available under the Contract from the Contractor. When the RFQ process is used, Customers should create and maintain written records of oral and written requests, and written quotes received. Where the RFQ process is used, quotes should be in writing but otherwise informal, and need not be received or posted publicly or at a particular time or place. The RFQ process is not mandatory under this Contract but may be used solely at the Customer’s discretion. Customers are encouraged to seek, and awarded vendors to provide, greater discounts for volume orders.
Requests for Quotes. Owner may at any time prior to the expiration of the Term, request additional services, or request changes to the services provided by O&M Contractor pursuant to this Agreement, by submitting to O&M Contractor a written or oral quote request specifying in reasonably precise detail such additional services or such changes to services specified in this Agreement.