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BAEL: USSR: FEW:248:15E DT:24092015 GENERAL CONDITIONS OF REVERSE AUCTION RA 1 REVERSE AUCTION RA 1.1 BAEL reserves the right to go for Reverse Auction (RA) instead of opening the sealed envelope
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Who needs general conditions of reverse?
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Contractors and subcontractors who are involved in a reverse auction process
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Project managers or procurement officers who are responsible for managing reverse auctions
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Buyers or organizations who are seeking to purchase goods or services through reverse auctions
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What is general conditions of reverse?
General conditions of reverse refer to the terms and conditions that are applicable in a situation where the reverse process is implemented.
Who is required to file general conditions of reverse?
Any entity or individual who is initiating the reverse process is required to file general conditions of reverse.
How to fill out general conditions of reverse?
General conditions of reverse can be filled out by providing all the necessary information and terms that are relevant to the reverse process.
What is the purpose of general conditions of reverse?
The purpose of general conditions of reverse is to establish the terms and conditions that govern the reverse process and ensure that all parties involved are aware of their rights and responsibilities.
What information must be reported on general conditions of reverse?
General conditions of reverse must include information such as the parties involved, the terms of the reverse process, and any other relevant details.
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