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A steel pipe supplier quotation states the price and terms a supplier offers for your inquiry. When several suppliers quote the same inquiry, unit prices can differ widely, but a lower price does not always mean a cheaper offer. The quotations may cover different grades, wall thicknesses, testing scopes, or delivery terms.
To compare steel pipe supplier quotations, first confirm that every quotation matches your required specification and purchasing conditions. Then compare specifications, total cost, delivery, testing, and documentation side by side, using the same price basis and delivery point.
What is a Steel Pipe Supplier Quotation?
A steel pipe supplier quotation is a supplier's written response to a buyer's inquiry or RFQ. It sets out the pipe offered, the quantity, the price, and the commercial conditions. A complete steel pipe quotation usually contains:
| Item | What It Covers |
| Pipe Specification | Pipe type, grade, standard, size, length |
| Quantity | Tonnage, meters, or pieces quoted |
| Price | Unit price, total price, currency, price basis, validity |
| Delivery | Lead time, Incoterm, destination port |
| Testing | Tests are included in the price |
| Documents | Certificates and reports supplied with the shipment |
| Payment Terms | Deposit, balance, payment method (T/T, L/C) |
Use a Steel Pipe Quotation Comparison Table
Use this table to compare steel pipe quotations side by side. Enter each detail exactly as written in the quotation.
| Item | Supplier A | Supplier B | Supplier C |
| Grade | |||
| Standard | |||
| Size | |||
| Quantity | |||
| Unit Price | |||
| Price Basis / Validity | |||
| Total Cost | |||
| Delivery (Lead Time + Incoterm) | |||
| Testing | |||
| MTC (Type) | |||
| Payment Terms | |||
| Remarks |
To find the differences between quotations:
1. Compare Grade, Standard, Size, and Quantity first, and flag any mismatch in Remarks.
2. Fill in Total Cost on the same basis, as described in Section 3.
3. Compare Delivery, Testing, MTC, and Payment Terms, and note anything one supplier includes that the others leave out.
4. Record open questions in Remarks and send them back to the supplier for confirmation.
Read a full guide: How to Compare Steel Pipe Supplier Quotations
Article source: https://article-realm.com/article/Business/85228-How-to-Compare-Steel-Pipe-Supplier-Quotations.html
URL
https://www.permanentsteel.com/Permanent Steel Manufacturing Co.,Ltd (PMC) have years of experience in manufacturing of carbon steel pipe, stainless steel tube, hollow section, pipe fittings.(Fluid Pipe/Boiler Tube/Fire Pipe/Line Pipe/Structure Tube) Please refer to: https://www.permanentsteel.com
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