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SEND YOUR QUOTATION TO: NEW YORK POWER AUTHORITY ATTN: PROCUREMENT DIVISION 123 MAIN STREET WHITE PLAINS, N.Y. 10601THIS IS NOT A PURCHASE ORDER BIDDER MUST SUBMIT QUOTATION ON THIS FORM ADDENDUM
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Bids and quotes limits refer to the maximum amount a company is willing to pay for goods or services and the minimum price a company is willing to accept. These limits help ensure that companies do not overspend or undersell.
Any company or individual participating in a bidding or quoting process is required to file bids and quotes limits.
Bids and quotes limits are typically filled out on a bidding or quoting form provided by the organization requesting the goods or services. The form usually requires the bidder to specify the maximum amount they are willing to pay or the minimum price they are willing to accept.
The purpose of bids and quotes limits is to establish fair and transparent pricing in bidding and quoting processes. It helps both buyers and sellers set expectations and prevent overpaying or underselling.
The bids and quotes limits form typically requires information such as the bidder's name, contact information, the maximum amount they are willing to pay or the minimum price they are willing to accept, and any terms or conditions of the bid or quote.
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