Proposal For Quotation for Nigeria

Proposal For Quotation Template for Nigeria

A Proposal For Quotation is a formal commercial document used in Nigerian business transactions to present detailed pricing, terms, and specifications for goods or services. This document adheres to Nigerian commercial law requirements, including the Public Procurement Act 2007 and Federal Competition and Consumer Protection Act 2018. It serves as a comprehensive offer containing pricing structures, delivery terms, technical specifications, and commercial conditions, forming the basis for potential business transactions while ensuring compliance with local content requirements and regulatory standards.

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What is a Proposal For Quotation?

The Proposal For Quotation document is a fundamental tool in Nigerian commercial transactions, used when a supplier wishes to formally offer goods or services to potential customers. It is particularly relevant in both private sector transactions and public procurement processes, where it must comply with the Public Procurement Act 2007 and other relevant Nigerian legislation. This document type is essential for transparent business dealings, providing detailed pricing information, technical specifications, delivery terms, and commercial conditions. It serves as the initial step in contract formation, often leading to purchase orders or formal contracts. The document must incorporate local content requirements where applicable, especially in regulated sectors like oil and gas, and should reflect current market conditions while adhering to competition laws and pricing regulations.

What sections should be included in a Proposal For Quotation?

1. Company Information: Introduction to the proposing company, including business registration details, contact information, and relevant certifications

2. Executive Summary: Brief overview of the proposal, highlighting key offerings and value proposition

3. Scope of Supply/Services: Detailed description of the goods or services being quoted, including specifications, quantities, and deliverables

4. Commercial Terms: Pricing structure, payment terms, and currency considerations

5. Delivery Terms: Timeline, delivery schedule, and logistics information

6. Validity Period: Duration for which the quotation remains valid

7. Terms and Conditions: Standard terms governing the proposal, including warranty, liability, and compliance statements

8. Declaration: Statement of truth and accuracy of the information provided in the quotation

What sections are optional to include in a Proposal For Quotation?

1. Company Track Record: Include when demonstrating experience is crucial - details past similar projects and client references

2. Quality Assurance: Include for technical or manufacturing proposals - details quality control processes and certifications

3. HSE Compliance: Include for industrial or construction-related proposals - details health, safety, and environmental commitments

4. Local Content Compliance: Include when bidding for government or oil & gas sector projects - details adherence to Nigerian local content requirements

5. Alternative Options: Include when multiple solution variants are available - presents alternative specifications or pricing options

6. After-Sales Support: Include for product supply or technical service proposals - details maintenance, support, and warranty arrangements

What schedules should be included in a Proposal For Quotation?

1. Price Schedule: Detailed breakdown of prices, including unit prices, quantities, and total costs

2. Technical Specifications: Detailed technical information, drawings, or specifications of products/services offered

3. Company Documentation: Copies of business registration, tax clearance, and other regulatory compliance certificates

4. Delivery Schedule: Detailed timeline of delivery milestones and implementation phases

5. Product Catalog: Technical brochures or catalog information for products being quoted

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Nigeria

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Oil and Gas

Manufacturing

Construction

Information Technology

Telecommunications

Healthcare

Education

Financial Services

Agriculture

Mining

Retail

Transportation and Logistics

Energy

Professional Services

Public Sector

Relevant Teams

Procurement

Sales

Business Development

Commercial

Finance

Legal

Operations

Technical

Supply Chain

Compliance

Pricing

Bids and Proposals

Relevant Roles

Procurement Manager

Sales Manager

Business Development Manager

Commercial Director

Chief Financial Officer

Contract Administrator

Tender Coordinator

Project Manager

Technical Director

Operations Manager

Legal Counsel

Compliance Officer

Supply Chain Manager

Pricing Analyst

Bid Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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