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April 22, 2014, ADDENDUM NO. 001 Request For Bids, RISC Contract No. 24932 Voluntary Land Acquisitions Program Phase 5 (2020) Demolition Services T. F. Green Airport Prospective Bidders and all concerned
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What is unit prices revised?
Unit prices revised refer to the updated pricing structure applied to specific items or services in a contract, reflecting current market conditions or changes in cost estimates.
Who is required to file unit prices revised?
Typically, contractors or entities that have ongoing agreements with governmental or regulatory bodies and need to adjust their pricing in accordance with guidelines are required to file unit prices revised.
How to fill out unit prices revised?
To fill out unit prices revised, the reporting entity must complete the designated form by providing current unit prices, justifications for any changes, and adhering to the format specified by the governing authority.
What is the purpose of unit prices revised?
The purpose of unit prices revised is to ensure accurate pricing that reflects the actual costs of services or materials, thereby promoting transparency and fairness in contracting processes.
What information must be reported on unit prices revised?
The information that must be reported includes the item description, original unit price, revised unit price, justification for changes, and any relevant contract details.
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