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This document serves as a formal notification of the award for the procurement of fine and coarse aggregates, detailing the contract number, period, bid opening date, contractor information, and specifications
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How to fill out contract award notification

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How to fill out CONTRACT AWARD NOTIFICATION

01
Start by obtaining a copy of the CONTRACT AWARD NOTIFICATION form from the relevant authority.
02
Fill in the date of notification at the top of the form.
03
Provide the name of the awarding authority and its official contact details.
04
Include the contractor's name, address, and contact information.
05
State the type of contract awarded and its reference number.
06
Detail the total contract value and currency.
07
Specify the contract start date and duration.
08
List the key terms and conditions of the contract.
09
Sign and date the notification to certify its accuracy.

Who needs CONTRACT AWARD NOTIFICATION?

01
The contractor who is awarded the contract.
02
The awarding authority that needs to inform the contractor.
03
Legal departments that may require documentation for compliance.
04
Auditors for verification of the awarding process.
05
Financial departments for processing payments related to the contract.
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People Also Ask about

The Simplified Acquisition Threshold increased from $250,000 to $500,000. As a result, recipients will gain flexibility in their budgeting and programmatic decision-making processes with respect to the procurement of subawardees under fixed-amount agreements.
Business and contract clearance are required for actions greater than or equal to $10M for Enterprise / PEO (Systems) and $5M for Operational. Contract value is determined by the definition on FAR 1.108(c).
Award Letter Template. Dear Sir: I am pleased to inform you that Company Name has been awarded the contract for the above project based on the bid submitted on Letting Date in the amount of $Bid Amount. The contract availability date is Availability Date and the contract completion date is Completion Date.
(a) Public Announcement. (i) The threshold for DoD awards is $7.5 million. Report all contractual actions, including modifications, that have a face value, excluding unexercised options, of more than $7.5 million.
A contract award notice informs interested parties that the contracting authority intends to enter into a public contract with a specified supplier (or, where relevant, multiple suppliers).
Once the successful supplier has been identified and approval has been received to award the contract, you can notify suppliers of the outcome. The successful supplier should be notified of the outcome in writing, using the Contract Award Letter.
205.303 Announcement of contract awards. (a) Public Announcement. (i) The threshold for DoD awards is $7.5 million. Report all contractual actions, including modifications, that have a face value, excluding unexercised options, of more than $7.5 million.

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A CONTRACT AWARD NOTIFICATION is a formal announcement made by an organization that a contract has been awarded to a bidder, providing details of the awarded contract.
Typically, the entity or organization that has awarded the contract is required to file a CONTRACT AWARD NOTIFICATION, which may include public agencies or private organizations following certain regulations.
To fill out a CONTRACT AWARD NOTIFICATION, one must enter relevant details such as the contract number, the names of the awarded contractor, total contract value, and a brief description of the work involved.
The purpose of a CONTRACT AWARD NOTIFICATION is to publicly announce the award of a contract to ensure transparency, accountability, and to inform interested parties about the contract allocation.
The information that must be reported typically includes the contract number, contractor's name, contract amount, duration of the contract, project description, and any relevant terms and conditions.
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