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This document is a tender invitation by Rashtriya Ispat Nigam Limited for electrical repair and illumination improvement jobs in CCP & ARS of CO & CCP, including details about the work scope, contract
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How to fill out re-tender - 2

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How to fill out Re-tender - 2

01
Collect all necessary documents related to the original tender.
02
Review the reasons for the re-tendering process.
03
Update the project specifications if necessary.
04
Draft the new tender document, ensuring it aligns with updated requirements.
05
Set a new timeline for submission and evaluation.
06
Publish the re-tender announcement to relevant platforms.
07
Ensure potential bidders have access to all important documents.
08
Facilitate a pre-bid meeting to address any questions.
09
Collect and evaluate the bids submitted in response to the re-tender.
10
Award the contract to the selected bidder.

Who needs Re-tender - 2?

01
Organizations that did not receive acceptable bids from the initial tender.
02
Public sector agencies requiring compliance with revised legal or regulatory standards.
03
Projects that have undergone significant changes in scope or budget.
04
Businesses looking to attract a wider pool of potential contractors or suppliers.
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People Also Ask about

gentle, caring, or sympathetic: He gave her a tender kiss.
Retender (also spelled re-tender) is the sale of a delivery notice for the underlying asset associated with a futures contract. Retender is useful when the long side of a futures contract is unwilling or unable to take physical delivery of the underlying.
The 4 main types of tenders are: Open tender. Selective tender. Negotiated tender. Single-stage and two-stage tender.
Tendering is a formal process for seeking offers for the supply of goods or services and the disposal of property whereby an invitation is extended and offers are made and considered, according to a set of pre-determined assessment criteria, prior to the creation of a contract for the supply of the goods or services.
What Is Retender? Retender (also spelled re-tender) is the sale of a delivery notice for the underlying asset associated with a futures contract. Retender is useful when the long side of a futures contract is unwilling or unable to take physical delivery of the underlying.
A client can choose different types of tendering based on the expertise needed, the nature of the contract, and the complexity of the construction. There are three main types of tendering: open tendering, selective tendering, and negotiated tendering.
A tender offer is typically an active and widespread solicitation by a company or third party (often called the “bidder” or “offeror”) to purchase a substantial percentage of the company's securities.
Definition of 'tendering' 1. the act of giving, presenting, or offering. 2. the act of making a formal offer or estimate for (a job or contract)

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Re-tender - 2 is a procurement process used to solicit new bids for a project or service in cases where the initial tender did not meet the requirements or expectations of the entity seeking proposals.
Typically, any organization or entity that initially solicited bids through a tendering process and did not receive satisfactory proposals is required to file for Re-tender - 2.
Filling out Re-tender - 2 involves providing details about the project, including requirements, specifications, budget, and submission guidelines, usually in a standardized format provided by the governing authority.
The purpose of Re-tender - 2 is to ensure that a project gets the required number of suitable bids, thereby increasing competition and improving the chances of obtaining quality proposals that meet the project standards.
Re-tender - 2 must report information such as project description, intended scope of work, timeline, evaluation criteria, bidding instructions, and any changes from the initial tender process.
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