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ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT TABULATION DESCRIPTION: Form P359 Rev. 6232008 Hydraulic Driven Chemical & Material Spreader, 304 Stainless BID NO.: H13137R DATE OPENED: 1/29/2013

How to fill out bid tabulation

How to fill out bid tabulation

1. Begin by gathering all relevant information related to the bid.
2. Open the bid tabulation document or create a new one using a spreadsheet software.
3. Start by entering the basic information such as the bid title, bid number, and date.
4. Create columns for the different sections or components of the bid.
5. Within each section, list the bid items or requirements.
6. Allocate separate columns for the bid quantities, unit prices, and total amounts.
7. As bids are received, enter the bidder's name and their corresponding bid amounts in the appropriate rows.
8. Sum up the bid quantities, unit prices, and total amounts for each bidder.
9. Determine the lowest responsive and responsible bidder based on the evaluation criteria.
10. Review and proofread the bid tabulation to ensure accuracy.
11. Save and distribute the bid tabulation document to relevant parties as required.

Who needs bid tabulation?

1. Government agencies or public organizations that are soliciting bids for projects or contracts often require bid tabulations.
2. Private companies or businesses that are seeking proposals or bids from suppliers or contractors also need bid tabulations.
3. Contractors themselves may utilize bid tabulations to compare their bids with competitors and assess their chances of winning a project.
4. Project managers or procurement departments involved in the bid evaluation process rely on bid tabulations to make informed decisions.

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What is bid tabulation?

Bid tabulation is a document that lists all bids received by a company or organization for a particular project or service, along with relevant information such as pricing, terms, and conditions.

Who is required to file bid tabulation?

The company or organization soliciting bids is typically required to file bid tabulation.

How to fill out bid tabulation?

Bid tabulation is typically filled out by entering the details of each bid received, including bidder information, pricing, and other relevant details, into a spreadsheet or template provided by the company or organization.

What is the purpose of bid tabulation?

The purpose of bid tabulation is to compare and analyze the bids received in order to select the most suitable vendor or contractor for the project or service.

What information must be reported on bid tabulation?

The bid tabulation must include details such as bidder name, bid price, bid submission date, and any other relevant terms and conditions.