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This document serves as a notification to Prospect Information Network, LLC about the award of a price contract by the University of Kentucky for Development Data Services, along with details of the
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How to fill out NOTICE OF AWARD OF PRICE CONTRACT

01
Begin by entering the title 'NOTICE OF AWARD OF PRICE CONTRACT' at the top of the form.
02
Fill in the date of the award.
03
Include the name and address of the awarding agency or authority.
04
Provide the name and address of the contractor who is being awarded the contract.
05
State the contract number associated with the award.
06
Summarize the scope of work or services to be performed under the contract.
07
Specify the contract price and any relevant payment terms.
08
Outline the scheduled completion date or deadlines for the project.
09
Include any terms and conditions that are pertinent to the contract.
10
Provide space for the signatures of authorized representatives from both the awarding agency and the contractor.

Who needs NOTICE OF AWARD OF PRICE CONTRACT?

01
Government agencies or organizations that are awarding contracts for goods or services.
02
Contractors who have been selected to fulfill a contract agreement.
03
Legal departments for documentation and record-keeping purposes.
04
Financial departments to manage contract budgets and expenditures.
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People Also Ask about

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).
The post-award phase focuses on the administration and performance of the contract to ensure that the contractor delivers the agreed-upon goods or services.
Letter of Award means the official notice issued by the UGVCL notifying the contractor that his bid has been accepted. Notice of Award means formal notice of award of the Contract to the Contractor issued by the Contracting Officer.
The Notice of Award (NoA) is the legal document issued to notify the recipient that an award has been made and that funds may be requested from the designated HHS payment system or office.
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.
Contract Notice – A standard notice is used as the means of calling for competition. It is placed in the OJEU via eTenders and indicates that a Central Purchasing Body or a contracting authority is intending to procure goods, services or works.
Employee Award Letter Template Dear [Employee's First Name], It is with great pleasure that we recognize your exceptional contribution to [Company Name]. Your hard work, dedication, and commitment have set a remarkable example for your peers and have greatly contributed to our company's success.

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A Notice of Award of Price Contract is a formal notification issued by a contracting authority to a contractor indicating that their proposal has been accepted and that a contract has been awarded.
Typically, the contracting authority or agency that has awarded the contract is required to file the Notice of Award of Price Contract.
To fill out a Notice of Award of Price Contract, include details such as the name of the contractor, contract number, description of the work or services, contract amount, date of award, and any specific terms and conditions.
The purpose of the Notice of Award of Price Contract is to formally communicate the award of a contract to the selected contractor and provide them with the terms under which they are expected to perform the contracted work or services.
The information that must be reported includes the contractor's name, contact details, contract number, description of the goods or services, contract price, date of award, and any pertinent terms or conditions regarding the contract.
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