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RETURN INVITATION TO BID: GOD/PD (Rev. 03/14) State of New Mexico General Services Department, Purchasing Division (Hand Deliver Only) 1100 S. Saint Francis Drive, Room 2016 (87505) (Mail Only) PO
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To fill out an invitation to bid price, follow these steps:

01
Start by clearly labeling the document as an invitation to bid price. This ensures that recipients understand the purpose of the document.
02
Include the basic information such as the project name, location, and project number. This helps potential bidders identify the specific project they are bidding on.
03
Provide a detailed description of the work to be performed. Include all relevant specifications, materials required, and any special instructions. This will help bidders understand the scope of the project and provide accurate bids.
04
Clearly state the deadline for bid submissions. Be specific about the date and time, and consider including any time zone information to avoid confusion.
05
Specify the format and method of bid submission. Whether it's through email, mail, or an online platform, make sure bidders know how and where to submit their bids.
06
Clearly outline the evaluation criteria that will be used to select the winning bid. This can include factors such as price, experience, quality, and timeline. This gives bidders a clear understanding of what will be considered during the selection process.
07
Provide contact information for any questions or clarifications. Include the name, phone number, and email address of the person who can provide further information or address any concerns from potential bidders.

Who needs an invitation to bid price?

01
Construction companies and contractors: They need invitation to bid prices to assess the requirements of a project and submit competitive bids for consideration.
02
Government agencies: They use invitation to bid prices to ensure a transparent and fair bidding process when awarding contracts for public projects.
03
Suppliers and vendors: They may be required to provide bid prices for specific products or services needed for a project, and an invitation to bid allows them to understand the requirements and submit their prices accordingly.
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Invitation to bid price is the proposed cost or price submitted by a bidder in response to a solicitation for bids.
Any individual or organization participating in a bidding process is required to file an invitation to bid price.
To fill out invitation to bid price, bidders must provide detailed cost estimates and pricing breakdowns for the requested goods or services.
The purpose of invitation to bid price is to allow a fair and competitive process for selecting the best bid for a project or contract.
Information such as total cost, itemized breakdown of costs, terms of payment, and any additional charges must be reported on invitation to bid price.
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