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22 Dec 2015 ... The City of London×39’s postings for Request for Tenders (FT), Request for Proposals (RFP) and Request for Quotations (RFQ) will be advertised ...
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How to fill out instructions to bidders for:

01
Start by clearly stating the purpose and scope of the project. Provide a brief overview of what needs to be done and any specific requirements or specifications that bidders should be aware of.
02
Include a timeline or schedule for the bidding process. This should include important dates such as the deadline for submitting bids, the date for bid opening, and any other key milestones.
03
Specify the format and content requirements for the bids. This may include requesting certain documents or information to be included in the bid, such as a pricing proposal, qualifications, or references.
04
Clearly state the evaluation criteria that will be used to assess the bids. This could involve factors like cost, experience, past performance, or technical capabilities. Provide clear instructions on how each criterion will be weighted or scored.
05
Include any terms and conditions that bidders should be aware of. This may include information on payment terms, contract length, insurance requirements, or any other contractual clauses that are relevant to the project.

Who needs instructions to bidders for:

01
Project managers or procurement officers who are responsible for requesting bids for a specific project. Instructions to bidders help ensure that all potential bidders are provided with the necessary information to prepare their bids accurately and effectively.
02
Contractors or suppliers who are interested in bidding on a project. Instructions to bidders provide them with the guidelines and requirements they need to follow in order to submit a compliant bid.
03
Legal or compliance teams who need to ensure that the bidding process is conducted in a fair and transparent manner. Instructions to bidders help establish the rules and procedures that need to be followed to ensure that all bidders are treated fairly and consistently.
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Instructions to bidders provide guidelines, rules, and requirements for prospective bidders on how to submit their bids.
The project owner, procurement department, or contracting authority is required to file instructions to bidders.
Instructions to bidders can be filled out by including all the necessary information such as bid submission deadline, bid format, evaluation criteria, and any specific requirements.
The purpose of instructions to bidders is to ensure a fair and transparent bidding process, provide clarity to prospective bidders, and help in selecting the most suitable bid for the project.
Information such as bid submission deadline, bid format, evaluation criteria, requirements, terms and conditions, and contact details should be included in instructions to bidders.
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