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SUPREME COURT OF INDIA ADEN. MATERIALS (P&S)Last date for submission of Tender is 08.03.2018 unto 03:00 PMF. No.1162/AC/PUR/18SCI(AM) Dated: 13.02.2018NOTICE INVITING TENDER RATE CONTRACT FOR PURCHASE
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Step 1: Obtain the NIT (Notice Inviting Tender) document from the relevant authority.
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Step 2: Read and understand all the instructions and requirements mentioned in the NIT document.
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Step 3: Gather all the necessary information and documents required for filling out the NIT.
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Step 4: Fill out the NIT form accurately and completely, following the specified format.
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Step 5: Ensure that all the required attachments and supporting documents are provided along with the NIT form.
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Step 6: Double-check the filled-out form for any errors or omissions.
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Step 7: Submit the completed NIT form along with the required documents to the designated authority within the specified deadline.
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Step 8: Keep a copy of the submitted NIT form and the supporting documents for future reference.

Who needs nit for rate contract?

01
Government agencies and departments
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Public sector enterprises
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Contractors and suppliers interested in participating in rate contracts
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Entities involved in procurement and supply chain management
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NIT for rate contract stands for Notice Inviting Tender for rate contract. It is a document that invites potential suppliers to submit their pricing for goods or services on a regular basis for a specified period of time.
Government agencies or organizations that procure goods or services on a regular basis are required to file NIT for rate contract.
To fill out NIT for rate contract, the organization must specify the goods or services needed, the quantity required, the duration of the contract, and any other requirements for submissions from potential suppliers.
The purpose of NIT for rate contract is to streamline the procurement process by establishing pre-negotiated rates with suppliers for goods or services that are needed on a recurring basis.
Information such as the name of the organization, the date of the NIT, the goods or services required, the quantity needed, the duration of the contract, and any specific requirements for submissions must be reported on NIT for rate contract.
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