Document background
The Request For Proposal Quotation is a crucial procurement document used in New Zealand when organizations seek to obtain detailed proposals and pricing from potential suppliers for significant purchases or contracts. It is particularly relevant when the procurement requires complex technical specifications, service requirements, or when multiple evaluation criteria need to be considered beyond just price. This document type complies with New Zealand's procurement regulations, including the Government Procurement Rules for public sector entities, and the Contract and Commercial Law Act 2017. It typically includes comprehensive specifications, evaluation criteria, pricing templates, and terms and conditions, enabling organizations to make informed decisions while ensuring fair competition and transparency in the procurement process. The RFP Quotation format is especially valuable for high-value or strategic procurements where detailed supplier responses and thorough evaluation are necessary.
