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P age 1 INVITATION FOR BIDS (IF) STANDARD BIDDING DOCUMENTS FOR CAR PURCHASE OF GOODS IF REFERENCE No: 624(2)/DINNER/ADS AHD/LIVED/TENDER/201415 Date : 292014 LAST DATE FOR RECEIPT OF COMPLETED TENDER
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Invitation for Bids (IFB) is a method used in procurement for soliciting competitive bids from potential suppliers.
Government agencies and organizations looking to purchase goods or services through a competitive bidding process are typically required to file an invitation for bids (IFB).
To fill out an invitation for bids (IFB), the organization must include details such as the description of goods or services needed, deadlines, delivery requirements, evaluation criteria, and terms and conditions.
The purpose of invitation for bids (IFB) is to ensure fair competition, transparency, and value for money in the procurement process.
The information that must be reported on an invitation for bids (IFB) includes the scope of work, specifications, terms and conditions, delivery requirements, evaluation criteria, deadlines, and contact information.
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