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GAIL (INDIA) LIMITED BID DOCUMENT FOR HIRING OF THIRD PARTY INSPECTION AGENCY FFF FOR PIPELINE PROJECTS (KPL, JPP, IDOL AND REGIONAL PIPELINES) BIDDING DOCUMENT NO. GAIL/ND/C&P/PRO/TPA/2006/R2(2)
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Hiring of third party refers to the process of engaging an external entity to provide goods or services on behalf of a company.
Companies or organizations that engage third parties to provide goods or services are required to file hiring of third party.
To fill out hiring of third party, companies must provide detailed information about the third party, the goods or services being provided, and the terms of the engagement.
The purpose of hiring of third party is to ensure transparency and accountability in the procurement process, and to prevent conflicts of interest.
Information that must be reported on hiring of third party includes the name of the third party, the nature of the goods or services provided, the duration of the engagement, and the financial terms.
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