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CITY OF FRISCO PURCHASING DIVISION May 6, 2014, Addendum #1 Revised Bid Form CSS #1405-063 City House Rehabilitation Revised Bid Form Vendors are required to use the Revised Bid Form attached, with
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How to fill out addendum 1 revised bid

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How to fill out addendum 1 revised bid:

01
Carefully review the original bid: Before starting to fill out the addendum, thoroughly review the details of the original bid. This will help you understand the changes that need to be made in the revised bid.
02
Identify the revisions required: Analyze the changes that need to be made in the original bid. These revisions can include pricing adjustments, revised terms and conditions, updated delivery timelines, or any other modifications necessary. Take note of each specific revision that needs to be addressed.
03
Obtain the addendum 1 revised bid document: Acquire the official addendum 1 revised bid document from the relevant party, such as the organization or individual who issued the original bid. This document should outline the necessary sections to complete and any additional instructions or requirements.
04
Fill out the required sections: Begin by entering your company or organization's name and contact information in the appropriate fields. Then, proceed to complete each section of the addendum, addressing the specific revisions identified in step 2. Provide clear and concise details for each revision, ensuring accuracy and compliance with any specific instructions provided.
05
Include any supporting documentation: If there are any supporting documents, such as revised pricing schedules or updated product specifications, make sure to attach them to the addendum as required. These documents should be labeled and referenced appropriately within the addendum.
06
Review and double-check: Once you have completed filling out the addendum, carefully review all the information provided to ensure its accuracy and completeness. Check for any errors, missing details, or formatting issues. This step is crucial to avoid any potential misunderstandings or complications.
07
Seek necessary approvals: Depending on the requirements set forth by the issuing party, you may need to obtain approvals from relevant stakeholders. This may include internal management, legal representatives, or any other individuals involved in the bid process. Make sure to follow the appropriate channels for obtaining these approvals before submitting the addendum.

Who needs addendum 1 revised bid:

01
Organizations responding to a bid: Companies or organizations who have submitted an initial bid and later discover the need for revisions or changes would require an addendum 1 revised bid. This ensures that the updated information is communicated to the issuing party accurately and in a formal manner.
02
Public or private procurement agencies: Procurement agencies, whether government entities or private organizations, require addendum 1 revised bids to maintain transparency and fairness in the bidding process. The addendum allows them to incorporate any necessary changes and evaluate the revised proposals accurately.
03
Issuing party: The organization or individual who issued the original bid will need addendum 1 revised bids from interested parties. They require these revised bids to ensure that all updated information, pricing adjustments, or other modifications are properly accounted for and considered in the evaluation process.
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Addendum 1 revised bid is an updated version of the original bid that includes any additional information, changes, or corrections that need to be made before the bid deadline.
All bidders who have submitted an initial bid are required to file addendum 1 revised bid if there are any updates or changes to be made.
To fill out addendum 1 revised bid, bidders must review the original bid document, make any necessary revisions or updates, and submit the revised bid before the deadline.
The purpose of addendum 1 revised bid is to ensure that all bidders have an equal opportunity to compete by providing updated and accurate information to the bid committee.
The information that must be reported on addendum 1 revised bid includes any changes to pricing, specifications, terms and conditions, or any additional information requested by the bid committee.
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