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NOTICE INVITING TENDER 1. Sealed Percentage rate tenders are invited by Assistant General Manager (Egg Civil) II, AAI, Southern Region, Chennai Airport, Chennai 27 on behalf of Chairman, AAI from
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What is sealed percentage rate tenders?
Sealed percentage rate tenders are bids that are submitted by contractors for a specific project, where the bid amount is based on a percentage rate of the total project cost.
Who is required to file sealed percentage rate tenders?
Contractors who are interested in bidding on a project that requires sealed percentage rate tenders are required to submit their bids.
How to fill out sealed percentage rate tenders?
To fill out sealed percentage rate tenders, contractors must include their proposed percentage rate, any additional costs, and any other required information specified in the tender documents.
What is the purpose of sealed percentage rate tenders?
The purpose of sealed percentage rate tenders is to ensure fair competition among contractors bidding on a project, as well as to provide transparency in the bidding process.
What information must be reported on sealed percentage rate tenders?
Sealed percentage rate tenders must include the contractor's proposed percentage rate, any additional costs, and any other information requested in the tender documents.
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