Get the free Note bid date change - FMBX

To: From: Wold Architects and Engineers Date: 305 Saint Peter Street Saint Paul, MN 55102 Prospective Bidders June 29, 2015, Comm. No: 142177 m Subject: Addendum No. 1 for Bidding Documents for the:

How to fill out note bid date change

How to fill out a note bid date change:

1. Start by heading the document with the title "Note Bid Date Change" to clearly indicate its purpose.
2. Include the name and contact information of the person making the request, such as the borrower or the lender.
3. Specify the current bid date that needs to be changed, and provide the reasoning behind the request. This can be due to unforeseen circumstances, market conditions, or any other relevant factors.
4. Indicate the proposed new bid date. Make sure to choose a realistic and feasible date, taking into account factors such as the availability of necessary resources and the ability to meet bidding requirements.
5. If there are any restrictions or limitations on the bid date change, clearly state them. This could include any deadline for requesting the change, approval requirements, or any potential penalties for making the change.
6. Provide any supporting documents or evidence that may be required to justify the bid date change. This can include market analysis, financial reports, or any other relevant information.
7. Sign and date the note bid date change form to validate the request.
8. Submit the completed form to the appropriate authority or entity responsible for approving bid date changes. Follow any additional instructions or procedures as required.

Who needs note bid date change:

1. Borrowers who are unable to meet the original bid date due to unforeseen circumstances or changes in their financial situation may need to request a note bid date change.
2. Lenders or financial institutions may also initiate a bid date change if there are changes in market conditions or other factors that warrant a revision.
3. Any party involved in the bidding process, such as contractors, subcontractors, or suppliers, may have a vested interest in requesting a bid date change if it better aligns with their availability or competitive advantage.

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