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NOTICEINVITINGRateContract (TenderinvitedthrougheTenderingmodeonly) For Rate Contract for Turnkey Execution of deposit work including Supply, Erection, Commissioning, ProjectManagement, Design, Engineering,Inspectionandsupervisionofworkforproviding66kV
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Step 1: Obtain the notice inviting rate contract form from the appropriate authority.
02
Step 2: Read the instructions and guidelines carefully to understand the requirements.
03
Step 3: Fill in the necessary details of the contract, such as the contract title, duration, and scope of work.
04
Step 4: Provide information about the rate structure, including the rates for different categories, if applicable.
05
Step 5: Include any terms and conditions that must be agreed upon by both parties, such as payment terms and penalties for non-compliance.
06
Step 6: Review the completed form for accuracy and completeness.
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Step 7: Sign the notice inviting rate contract form and submit it to the issuing authority within the specified deadline.

Who needs notice inviting rate contract?

01
Government organizations and agencies that want to invite rate contracts for procurement purposes.
02
Private companies and businesses that are planning to enter into long-term contracts or agreements with suppliers or service providers.
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A notice inviting rate contract is a formal invitation to potential suppliers to submit their rates for providing goods or services.
Government agencies or organizations that are looking to procure goods or services using the rate contract are required to file a notice inviting rate contract.
To fill out a notice inviting rate contract, the government agency or organization must specify the goods or services needed, the terms and conditions of the contract, and the deadline for submission of rates.
The purpose of a notice inviting rate contract is to streamline the procurement process, ensure transparency and fairness in the selection of suppliers, and to get the best possible rates for goods or services.
The notice inviting rate contract must include details about the goods or services required, the terms and conditions of the contract, the deadline for submission of rates, and contact information for inquiries.
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