Subject: Request for Price Quote — [Product/Service] Dear [Supplier's Name], I hope this letter finds you in good health and high spirits. I am writing on behalf of [Your Company Name], a [description of your company's nature or industry]. We are interested in purchasing [product/service] and would like to request a formal price quote from your esteemed company. Having thoroughly researched potential suppliers in the market, we were impressed by your reputation for providing high-quality [product/service] at competitive prices. With our expanding customer base, it is crucial for us to ensure the finest product quality and cost-effectiveness to meet the demands of our valued clients. To facilitate our purchasing decision, we kindly request you to provide us with a detailed price quote for the following specifications: 1. Product/Service Description: — [Include a brief overview of the product/service you seek to purchase] 2. Quantity: — [Specify the required quantity and any potential volume discounts offered] 3. Specifications: — [Provide any specific details or product variations like size, color, technical specifications, etc.] 4. Delivery Timeline: — [Indicate any specific delivery deadlines or requirements] 5. Terms and Conditions: — [Include any preferable payment terms, shipping terms, and return policies] Additionally, we would appreciate it if you could include the following information in your price quote: a) Unit Price: — [State the individual unit price of the product/service] b) Total Price: — [Calculate and present the total cost based on the specified quantity] c) Taxes and Duties: — [Specify any applicable taxes or duties to be borne by us] d) Shipping Charges: — [Outline the shipping charges, if any] e) Discount Offered: — [Specify any promotional or bulk discounts available] f) Validity of Quote: — [Mention the duration until which the quote will remain valid] Please feel free to include any additional details that would be helpful for our evaluation process, such as product samples, product catalogs, or references from your existing clients. Once we receive your price quote, we will thoroughly evaluate it alongside other suppliers' offers in terms of quality, pricing, and overall value. Please note that this Request for Price Quote does not commit us to make a purchase immediately; it is solely intended to gather information to aid our decision-making process. We kindly request you to submit your quotation no later than [mention a specific deadline] to the following address: [Your postal or email address]. Should you have any questions or require additional information to complete the quote, please do not hesitate to contact our procurement team at [your contact information]. Thank you for your time and consideration. We look forward to receiving your competitive price quote and establishing a mutually beneficial business relationship. Yours sincerely, [Your Name] [Your Title/Position] [Your Company Name] [Your Contact Information]