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Price Bid(Tender Bid):PART ORIENTAL BANK OF COMMERCE (A GOVERNMENT OF INDIA UNDERTAKING) SERVICES DEPARTMENT. HEAD OFFICE, NEW DELHI Renovation and Furnishing of Auditorium at STC, Sector62, NOIDA
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Price bid tender bid refers to the financial proposal submitted by a bidder in response to a tender invitation, outlining the cost and pricing details for the goods or services being offered.
Any interested party or organization that wishes to participate in a tendering process and compete for a contract is required to file a price bid tender bid.
To fill out a price bid tender bid, the bidder needs to provide detailed pricing information, such as itemized costs, unit prices, any applicable taxes or fees, and a total cost calculation. The bid should be formatted according to the tendering organization's requirements, and any supporting documents or certifications may need to be included.
The purpose of a price bid tender bid is to allow the tendering organization to evaluate the financial aspects of the bids received and determine the most cost-effective option among the competing bidders.
The price bid tender bid must include information such as the bidder's name and contact details, the breakdown of costs, relevant pricing terms and conditions, any required warranties or guarantees, and any other requested information specified in the tender documentation.
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