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INVITATION TO BID (I B”) NO.: 13-14-003 Hummus Park Landing Street Project Segment 2 CIP PROJECT NO.: B-30643 Bids Due Date: Tuesday, November 19, 2013, Bids Due Time: 2:00 P.M. Mayor Tomas P. Regal
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How to fill out invitation to bid quotitbquot

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How to fill out an invitation to bid (ITB):

Start by gathering all the necessary information:

01
Project details: Include the project name, location, scope of work, and any specific instructions.
02
Deadline: Determine the date and time by which the bids must be submitted.
03
Contact information: Provide the name, contact number, and email address of the person responsible for handling bid inquiries.

Identify the required documents:

01
Bid form: This is a standardized document that potential bidders must fill out, indicating their proposed prices and other relevant details.
02
Specifications: Include any technical or performance requirements that bidders need to meet.
03
Terms and conditions: Outline any legal or contractual obligations that bidders must adhere to if awarded the project.
04
Addenda: If there have been any modifications or updates to the original ITB, include these documents as separate addenda.

Review the instructions carefully:

01
Ensure that you understand the submission process, including any specific formatting requirements or mandatory attachments.
02
Pay attention to the evaluation criteria, as this will help you tailor your bid accordingly.
03
Check for any additional documents or certifications that need to be submitted alongside the bid.

Complete the bid form:

01
Include accurate and detailed information, such as the bidder's company name, address, and contact details.
02
Fill in the proposed price, specifying any applicable taxes, fees, or discounts.
03
Provide any supporting documentation, such as references or previous project experience.
04
Sign and date the bid form, acknowledging that all the information provided is true and accurate.

Who needs an invitation to bid (ITB)?

01
Government agencies: ITBs are commonly used by government entities to solicit competitive bids for public projects or procurement of goods and services.
02
Private companies: Many private companies also use ITBs to gather bids from potential vendors and contractors to ensure they get the best value for their projects.
03
Non-profit organizations: Non-profit organizations that require specific services or goods may issue ITBs to find the most suitable vendors or contractors to work with.
Note: The need for an ITB may vary depending on the industry and the specific requirements of the project.
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An invitation to bid (ITB) is a procurement method used to solicit competitive bids from potential suppliers or contractors for the purchase of goods or services.
Government agencies, organizations, or companies that are seeking to purchase goods or services through a competitive bidding process.
To fill out an invitation to bid (ITB), you typically need to provide information such as the project or service requirements, delivery or performance schedule, evaluation criteria, and any specific instructions for submitting the bid. The ITB document should also include contact information for inquiries and the deadline for bid submission.
The purpose of an invitation to bid (ITB) is to promote competition and ensure transparency in the procurement process. It allows potential suppliers or contractors to compete on an equal basis and provides the procuring entity with multiple competitive bids to choose from.
The information that must be reported on an invitation to bid (ITB) typically includes the description of the goods or services required, delivery or performance schedule or requirements, evaluation criteria, bid submission instructions, terms and conditions, any mandatory qualifications or certifications, and contact information for inquiries.
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