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This document serves as an official notification of the award of a price contract to Krug Inc. for the procurement of furniture for the University of Kentucky, detailing the contract terms, responsibilities,
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How to fill out notice of award of

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How to fill out NOTICE OF AWARD OF PRICE CONTRACT

01
Begin with the official heading stating 'NOTICE OF AWARD OF PRICE CONTRACT'.
02
Include the date of the award at the top.
03
Specify the name and address of the agency or organization issuing the contract.
04
Clearly state the name and address of the contractor receiving the award.
05
Include a description of the work or services being contracted.
06
State the total contract price clearly.
07
Mention the contract duration or schedule for completion.
08
Include any additional terms and conditions that apply to the contract.
09
Provide the signature of an authorized representative from the agency.
10
Optionally, include contact information for inquiries.

Who needs NOTICE OF AWARD OF PRICE CONTRACT?

01
Government agencies that are awarding contracts.
02
Businesses or contractors who have been awarded a contract.
03
Legal and administrative personnel involved in contract management.
04
Accountants or financial officers handling contract-related payments.
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A NOTICE OF AWARD OF PRICE CONTRACT is a formal document issued by a contracting authority to inform a selected bidder that they have been awarded a contract for goods or services at a specified price.
The contracting authority or entity that awards the contract is required to file the NOTICE OF AWARD OF PRICE CONTRACT to officially communicate the award to the chosen bidder.
To fill out the NOTICE OF AWARD OF PRICE CONTRACT, include details such as the contracting authority's name, the name of the awarded bidder, contract number, description of goods/services, award amount, and any terms and conditions relevant to the award.
The purpose of the NOTICE OF AWARD OF PRICE CONTRACT is to formally notify the successful bidder of their award, to initiate the contract execution process, and to provide a record of the award for both parties.
The NOTICE OF AWARD OF PRICE CONTRACT must report information such as the name and address of the contracting authority, the name and address of the awarded bidder, the contract number, project description, awarded amount, and important deadlines or requirements.
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