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Contact person Name: H. P. Paschal, Designation: Ch. Procurement Manager CPO®, Address: BCL Mumbai Refinery, Maul, Mumbai400074, India. Tel no. 02225533117, Mo. No. 9819027480, email: paschal bharatpetroleum.
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How to fill out 11-price bid
How to fill out 11-price bid
01
Begin by opening the 11-price bid form.
02
Enter the date and your contact information in the designated fields.
03
Provide the necessary details about the product or service being bid on.
04
Specify the unit price and quantity for each item.
05
Calculate the subtotal for each item by multiplying the unit price and quantity.
06
Add any applicable taxes or fees to the subtotal.
07
Determine the total price of the bid by summing up all the subtotals and additional costs.
08
Include any terms and conditions, payment terms, and delivery details as required.
09
Review the completed 11-price bid form for accuracy and completeness.
10
Sign and date the bid form before submitting it to the appropriate recipient.
Who needs 11-price bid?
01
The 11-price bid is typically needed by businesses or organizations that engage in procurement processes and require competitive pricing information.
02
Government agencies, construction companies, and suppliers often request 11-price bid submissions when procuring goods or services.
03
It serves as a formal document that allows potential suppliers to provide detailed pricing information, making it easier for buyers to compare and evaluate competing offers.
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What is 11-price bid?
11-price bid is a pricing strategy where a bidder submits a bid at a price of 11 times the value of the item being bid on.
Who is required to file 11-price bid?
Any entity or individual participating in a bidding process where the 11-price bid strategy is allowed.
How to fill out 11-price bid?
To fill out an 11-price bid, the bidder must simply enter a price that is 11 times the value of the item being bid on.
What is the purpose of 11-price bid?
The purpose of the 11-price bid strategy is to deter competitors from submitting lower bids and to potentially secure a higher profit margin.
What information must be reported on 11-price bid?
The only information required on an 11-price bid is the bid price at 11 times the value of the item being bid on.
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