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INDIAN OIL CORPORATION LIMITED (MARKETING DIVISION) KARNATAKA STATE OFFICE ENGINEERING DEPARTMENT, 2ND FLOOR, NO. 29, P. KARINA RAN ROAD, BANGALORE560027 TECHNICAL Come PRICE BID NAME OF WORK: CONSTRUCTION
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How to fill out a technical cum price bid:

01
Start by carefully reading the bid document and understanding all the requirements and instructions.
02
Gather all the necessary information and documents required for the bid, such as technical specifications, pricing details, and any supporting documents.
03
Fill out the technical section of the bid by providing detailed information about your company's technical capabilities, qualifications, and relevant experience.
04
Ensure that you address all the evaluation criteria mentioned in the bid document, and highlight any unique selling points or advantages that your company may have.
05
Pay close attention to formatting and presentation, making sure that your bid is clear, concise, and easy to follow.
06
In the price bid section, provide a detailed breakdown of the pricing structure, including any optional items or variations that the bid allows for.
07
Clearly state any assumptions or exclusions that may affect the pricing, and ensure that your pricing is competitive and in line with market standards.
08
Double-check all the information provided in both the technical and price bid sections for accuracy and completeness.
09
Ensure that you submit the bid within the specified deadline and through the designated submission method.
10
Finally, it is essential to keep a copy of the bid submission for your records.

Who needs a technical cum price bid:

01
Government organizations: Government agencies often require technical cum price bids when looking for suppliers or contractors for various projects.
02
Businesses: Companies may need technical cum price bids when soliciting proposals for goods or services, especially if technical specifications and pricing are crucial factors.
03
Non-profit organizations: Non-profit organizations may also require technical cum price bids when seeking partners or vendors for specific initiatives or projects.
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A technical cum price bid is a bidding document that combines technical specifications with the price quotation for a particular project or tender.
All interested bidders or contractors who wish to participate in the bidding process are required to file a technical cum price bid.
To fill out a technical cum price bid, bidders need to provide all the requested technical information as per the bidding document and include their price quotation for the given project.
The purpose of a technical cum price bid is to evaluate and compare various proposals based on both technical specifications and pricing to determine the most suitable bidder for a project.
A technical cum price bid typically requires bidders to report detailed technical specifications, project timelines, resources required, and their corresponding price quotation for the project.
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