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MOT 20187881Page 1 of 114VILLAGE OF DOWNERS GROVE Report for the Village 9/4/2018SUBJECT:SUBMITTED BY:Bid: Award of Contract for Hitchcock and Warren Stormwater Improvements Nan Newton Director of
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Fill out the top section of the form with your contact information, including your name, address, phone number, and email.
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Enter the contract information, including the contract title, number, and any additional details.
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Specify the awarded amount and the expected completion date.
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Bid award of contract is needed by individuals or businesses who have successfully won a bid to provide goods or services as stated in the contract. This form is used to document the details of the awarded bid and establish the terms and conditions of the contract.
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A bid award of contract is the formal acceptance of a bid proposal by a contracting authority, which signifies the intent to enter into a contractual agreement with the selected bidder.
Entities that participate in public bidding processes and are awarded contracts, typically including contractors and suppliers, are required to file a bid award of contract.
To fill out a bid award of contract, you need to provide information such as the contractor's name, the bid amount, project details, and any other required documentation or signatures as specified by the contracting authority.
The purpose of a bid award of contract is to formalize the agreement between the contracting authority and the bidder, ensure transparency in the selection process, and provide a legal framework for the execution of the contract.
Information that must be reported includes the contractor's name, contact information, bid amount, project title, contract start and end dates, and any conditions or terms associated with the award.
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