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*** BID TABULATION *** STATE OF NEW MEXICO PAGE I Generally Service DEPARTMENT 105212005828 PURCHASING DIVISION 00/00/00 Through 00/00/00 TYPE:A STAT:8 AMEND:00000 WELL PLUGGING I N EDDY & CHAVEZ
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How to fill out bid tabulation

01
To fill out a bid tabulation, follow these steps:
02
Begin by gathering all the necessary information, such as the list of bidders, bid prices, and any additional details regarding the bid.
03
Create a table with columns for bidder names, bid prices, and any other relevant categories or criteria.
04
Enter the bidder names in the first column of the table.
05
Enter the corresponding bid prices in the second column.
06
If there are additional categories or criteria to evaluate the bids, create additional columns and fill them in accordingly.
07
Calculate the total bid amount for each bidder, if necessary.
08
Review the filled-out tabulation for accuracy, ensuring that all information is correctly entered and calculations are correct.
09
Save or print the bid tabulation for reference and records.
10
Distribute the bid tabulation to the relevant parties involved in the bid evaluation process, such as the procurement team or decision-makers.

Who needs bid tabulation?

01
Bid tabulation is needed by organizations or individuals involved in the bidding or procurement processes. This includes businesses, government agencies, non-profit organizations, and any other entities seeking to solicit and evaluate bids for projects, contracts, or services. Bid tabulation helps in comparing and analyzing bids from different suppliers or vendors to make informed decisions and select the most suitable one based on various factors such as price, quality, experience, or other criteria.
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Bid tabulation is the process of comparing bids or proposals from different vendors to determine the best offer for a particular project or contract.
Typically, the entity or organization issuing the bid or proposal request is responsible for filing the bid tabulation.
To fill out bid tabulation, one must compare the bids received, evaluate the proposals based on specific criteria, and determine the winning bid.
The purpose of bid tabulation is to ensure transparency, fairness, and efficiency in the procurement process by selecting the best bid based on the specified criteria.
Bid tabulation should include details of each bid, such as vendor name, bid amount, proposal details, and evaluation criteria.
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