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*************************************************************FOR BIDDER USE ONLY********************************************************** NOTICE: Bidders are requested to answer the RFQ with either
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How to fill out statement of no bid
How to fill out a statement of no bid:
01
Begin by downloading or obtaining a blank statement of no bid form. This form can typically be found on the website or procurement portal of the organization requesting bids.
02
Fill out the top section of the form, which usually includes fields such as your company name, address, contact information, and bid or solicitation number. Ensure that all the information provided is accurate and up to date.
03
Next, review the body of the statement of no bid form. This section typically requires you to explain the reasons why you are not able to submit a bid for the particular project or opportunity. Common reasons may include:
3.1
Lack of resources: If your company does not have the necessary capacity or resources to fulfill the requirements of the project, state this clearly and concisely.
3.2
Conflicting commitments: If you are already committed to other projects or contracts that prevent you from taking on additional work, mention this as a reason for not submitting a bid.
3.3
Non-compliance with requirements: If your company does not meet the specific qualifications, certifications, or criteria set forth in the bid solicitation, provide these details as reasons for not bidding.
3.4
Insufficient time: If the timeline for submitting a bid is too tight or unreasonable for your company to adequately prepare and submit a proposal, explain this in the statement.
04
Provide any additional supporting documentation or evidence, such as relevant letters, contracts, or certifications, if required by the organization requesting the statement of no bid. Ensure that these documents are included with the completed form.
05
Sign and date the statement of no bid form to certify its accuracy and completeness.
Who needs a statement of no bid?
A statement of no bid is typically required from companies or organizations that have been invited or have expressed interest in submitting a bid or proposal for a particular project or opportunity. It is used when the company is unable to submit a bid for valid reasons. The organization requesting bids typically asks for a statement of no bid to ensure transparency and record the reasons behind a company's decision not to participate. This helps in the evaluation process and allows the organization to move forward with other potential bidders.
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What is statement of no bid?
Statement of no bid is a document submitted by a bidder to indicate that they will not be submitting a bid for a particular project or procurement opportunity.
Who is required to file statement of no bid?
Any interested party or potential bidder who has decided not to participate in a bidding process is required to file a statement of no bid.
How to fill out statement of no bid?
To fill out a statement of no bid, the bidder must provide their contact information, the specific project or opportunity they are opting out of, and the reason for not submitting a bid.
What is the purpose of statement of no bid?
The purpose of a statement of no bid is to inform the requesting party or organization that the bidder will not be participating in the bidding process, allowing for accurate evaluation of bids.
What information must be reported on statement of no bid?
The statement of no bid should include the bidder's name, contact information, the project or opportunity they are opting out of, and the reason for not submitting a bid.
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