Free Quotation Evaluation Template

Quotation Evaluation

[Your Company Name]

Date: [INSERT DATE]

Purpose: This form serves as the formal instrument for vendor quotation evaluation to identify cost-effective suppliers. It aids in furthering tighter cost control and competitive pricing negotiations.

Overview: The evaluation involves a comprehensive analysis of submitted vendor quotations. The purpose is to scrutinize key performance metrics and cost variables that impact the overall quotation to select the most cost-effective vendor.

Instructions

Please assess the following criteria based on the quotations provided. Put a check mark (√) in the appropriate box to indicate your assessment.

Scoring Guide: 1 – Below Expectations | 2 – Meets Expectations | 3 – Above Expectations | 4 – Outstanding

Evaluation Criteria:

Vendor Name:                                                            

Criteria

4

3

2

1

1. Pricing Competitiveness

2. Transparency of Pricing

3. Clarity of Pricing Structure

4. Value for Money

5. Flexibility in Negotiation

Vendor Name:                                                            

Criteria

4

3

2

1

1. Pricing Competitiveness

2. Transparency of Pricing

3. Clarity of Pricing Structure

4. Value for Money

5. Flexibility in Negotiation

Additional Notes and Comments

Area of Concern

Comment/Note

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