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Bill of Quantities for Reinstatement and Decoration Works at F.×. Attar Boys Secondary School, Maria Item No. Description Qty Unit RATE inc. V.A.T and all expenses as may be applicable. AMOUNT inc.
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Rate inc stands for rate increase. It refers to the process of increasing prices or charges for goods or services.
The entity or organization that wishes to increase its prices or charges is required to file a rate inc.
To fill out a rate inc, you need to provide details about the goods or services, the current rates, proposed rate increase, and supporting documentation.
The purpose of a rate inc is to seek approval for increasing prices or charges in a fair and transparent manner.
A rate inc must include information such as the current rates, proposed rate increase percentage, reasoning for the increase, and any supporting documentation.
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