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S E C T I O N 9 0 5 P R O P O S A L (CONTINUED) I (We) hereby certify by digital signature and electronic submission via Bid Express of the Section 905 proposal below, that all certifications, disclosures
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An item is considered binding upon delivery when it is legally required to be honored once it has been delivered to the recipient.
Any party involved in a business transaction where goods or services are exchanged is required to adhere to the binding upon delivery principle.
To comply with the binding upon delivery principle, ensure that all terms and conditions of the transaction are clearly stated and agreed upon by all parties involved.
The purpose of binding upon delivery is to ensure that parties involved in a transaction fulfill their obligations and prevent any disputes or misunderstandings regarding the delivery of goods or services.
All relevant details regarding the transaction, including the agreed-upon terms, delivery date, and payment terms, must be reported on a binding upon delivery document.
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