Informal Quotation definition

Informal Quotation means a competitive bid process for goods or services that is conveyed and received from bidders in a written format by e-mail, mail or fax.

Informal Quotation means a competitive Bid process for Supplies or Services that is conveyed and received from Bidders in a written format such as e-mail, mail or fax.

Informal Quotation means a request for prices on specific goods and/or services obtained informally from selected sources, which may or may not be submitted verbally, in writing, electronically or transmitted by facsimile;

Examples of Informal Quotation in a sentence

• The letter of Acceptance/Purchaser Order Form as the case may be together with this Informal Quotation form shall constitute the contract between the Public Entity and the Supplier.

• The Supplier warrants that the goods shall conform to the standards, specifications and related services defined by the Purchaser in its Invitation for Informal Quotation subject to any alternative proposal made by the Supplier in its response to the Purchaser's Invitation for Informal Quotation.

• The Public Entity inviting the Informal Quotation is the Purchaser to enter into a contract with the successful Bidder.

• The Public Entity inviting the Informal Quotation is the Employer for the purpose of entering into contract with the successful bidder.

• The letter of Acceptance / Purchaser Order Form as the case may be, together with this Informal Quotation form, shall constitute the contract between the Public Entity and the Contractor.

More Definitions of Informal Quotation

Informal Quotation means a price quotation (fixed as to the total price or on a unit basis or both) for specific and defined Goods or Services that is received from a Bidder via telephone, fax, in writing, or by any other method of communication in response to a Request for Quotation (Informal).

Informal Quotation means an unwritten offer to sell, or a "bid" obtained from suppliers, to supply goods or services with an estimated cost of less than $10,000; the requisitioning department or purchasing officer may receive pricing via telephone or in person, and shall retain written documentation of the conversation and document the information on the purchase requisition;

Informal Quotation means quotations obtained by telephone, fax, in writing or by any other method of communication. Informal Quotation is typically used as a Low Value Procurement method.

Informal Quotation means "quotations" obtained by telephone, fax, in writing, or by any other method of communication.

Informal Quotation means a procurement process where requests for prices on specific goods and/or services are solicited from selected vendors and bids are submitted verbally, or in writing as specified in the request.

Informal Quotation means a request for bids for which the value is below the defined formal bid process threshold;

Informal Quotation means quotations obtained by telephone, fax, email, in writing or by any other means of communication by the Township. An “informal quotation” does not include a response to a “request for proposals” and there is no legal obligation on behalf of the Township to accept any quotation.