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GAIL (India) Ltd. (A Govt. of India Undertaking) L e t t e r I n v i t i n g T e n d e r Ref No.: GAIL/DATA/C&P/20008677/OK To, Date: 10.10.2006 SUBJECT: ANNUAL RATE CONTRACT FOR MAINTENANCE OF POLY

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What is annual rate contract for?

Annual rate contract is a contract between a buyer and a supplier that establishes fixed rates for goods or services to be delivered throughout the year.

Who is required to file annual rate contract for?

The buyer or organization that wishes to procure goods or services under a fixed rate throughout the year is required to file an annual rate contract.

How to fill out annual rate contract for?

To fill out an annual rate contract, you need to provide details about the buyer and supplier, the scope of goods or services to be covered, the fixed rates, delivery terms, payment terms, and any additional terms and conditions.

What is the purpose of annual rate contract for?

The purpose of an annual rate contract is to establish a long-term agreement between the buyer and supplier for the procurement of goods or services at fixed rates, ensuring a steady supply and predictable costs.

What information must be reported on annual rate contract for?

The annual rate contract must include information about the buyer and supplier, the scope of goods or services, fixed rates, delivery terms, payment terms, and any additional terms and conditions agreed upon.

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