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(STANDARD BID DOCUMENT FOR TENDERS BELOW Rs 50 Lakhs) (PERCENTAGE RATE TENDER) GOVERNMENT OF TRIPURA RURAL DEVELOPMENT DEPARTMENT OFFICE OF THE EXECUTIVE ENGINEER R.D. BISRAMGANJ DIVISION Contact
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How to fill out percentage rate tender
How to fill out percentage rate tender
01
To fill out a percentage rate tender, follow these steps:
02
Begin by reviewing the tender documents thoroughly to understand the requirements and scope of work.
03
Determine the percentage rate to be used for each item or task mentioned in the tender. This rate will be multiplied by the quantity of work to calculate the total cost.
04
Prepare a detailed breakdown of the items or tasks in the tender, including their descriptions, quantities, and unit rates.
05
Calculate the total cost for each item by multiplying the quantity with the corresponding unit rate.
06
Sum up the total costs for all items to obtain the overall estimated cost for the tender.
07
Include any additional costs or charges, such as taxes, in the final cost calculation if required.
08
Fill in the necessary forms or templates provided by the tendering party, ensuring all information is accurate and complete.
09
Double-check all calculations and information before submitting the tender.
10
Submit the completed tender documents within the designated submission timeline.
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Note: It is crucial to adhere to the guidelines and instructions provided in the tender documents to increase the chances of success.
Who needs percentage rate tender?
01
Percentage rate tenders are typically required by government agencies, organizations, or companies that seek to compare and evaluate the costs of different contractors or suppliers.
02
Some common examples of entities that may require percentage rate tenders include:
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- Government construction departments
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- Infrastructure development agencies
05
- Real estate developers
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- Engineering firms
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- Project management companies
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- Procurement departments
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- Facility management organizations
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- Construction contractors
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By using percentage rate tenders, these entities can analyze the cost competitiveness of different bidders and select the most suitable contractor or supplier for their project or procurement needs.
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What is percentage rate tender?
Percentage rate tender is a form used to determine the interest rates on loans or bonds.
Who is required to file percentage rate tender?
Borrowers or issuers of loans or bonds are required to file percentage rate tender.
How to fill out percentage rate tender?
Percentage rate tender can be filled out by providing accurate information on the loan or bond being issued.
What is the purpose of percentage rate tender?
The purpose of percentage rate tender is to determine the interest rate for a loan or bond based on market conditions.
What information must be reported on percentage rate tender?
Information such as the amount of the loan or bond, the repayment terms, and the desired interest rate must be reported on percentage rate tender.
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