Informal quote definition
Informal quote means a quote or estimate conveyed verbally over the phone or in person that is documented by city staff in notes or memos.
Informal quote means a Procurement process which obtains a Best Value comparison from at least 3 Companies.
Informal quote means a request from one or more sources for pricing on specific goods or services without a solicitation for bid submissions and that is not binding on either party.
More Definitions of Informal quote
Informal quote means a request by a procuring entity to one or more contractors for pricing on specific construction services without a solicitation for bid submissions.
Informal quote means a request for prices on specific goods or services obtained informally from selected sources;
Informal quote means a request by a procuring entity to one or more suppliers for pric‐ ing on specific goods or services without a solicitation for bid submissions that is not bind‐ ing on either party. (demande de prix)
Informal quote means the procedure through which the city shall seek at least three informally solicited competitive proposals from prospective contractors. The quote process does not allow negotiation over price after a quote is received. The city shall keep a written record of the sources of the quotes or proposals received. If three quotes are not reasonably available, fewer will suffice provided the contracting agency makes a written record of the effort to obtain quotes.