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BHARAT PETROLEUM CORPORATION LIMITED MUMBAI REFINERY, MAUL MUMBAI 400 074, INDIA Central Procurement Organization (Refineries)SUBJECT:REF. Notice Inviting Tender (NIT) for Annual Rate Contract for
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How to fill out 14-price bid

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Start by reviewing the bid instructions and requirements.
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Gather all the necessary information and documents that will be needed to fill out the bid form.
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Take your time to carefully read and understand each section of the bid form.
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Fill in your company's information accurately as requested, including contact details and business registration information.
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Provide a detailed breakdown of the price for each item or service being bid on.
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Ensure that all calculations are correct and that you have included any necessary taxes or fees.
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Submit the completed bid form according to the instructions and within the specified deadline.
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Keep a copy of the bid form and any supporting documents for your records.

Who needs 14-price bid?

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Any individual or company that is participating in a bidding process for a project or contract may need to fill out a 14-price bid. This can include contractors, suppliers, consultants, or any other party that is looking to provide goods or services at a specific price.
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14-price bid is a type of bid where the bidder offers to pay 14% above the market price of a security.
Investors or traders who want to purchase a security at a premium price.
To fill out a 14-price bid, the bidder must specify the security they wish to purchase, the bid price, and the percentage above market price they are willing to pay.
The purpose of a 14-price bid is to show a willingness to pay a premium price for a security in order to secure the purchase.
The 14-price bid must include the security name, bid price, and the percentage above market price the bidder is willing to pay.
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