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Solicitation Number: USCFPB3647KM Date Issued: 08/27/2020Fixed Price Procurement Officer: Kristen Moss, CAPO, CPPBAmendment 1Phone: 8037775253 Email Address: kbmoss@mailbox.sc.edu Mailing Address
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How to fill out fixed price bid amendment

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How to fill out fixed price bid amendment

01
To fill out a fixed price bid amendment, follow these steps:
02
Start by entering the project details and identification information at the top of the amendment form.
03
Next, include the current fixed price bid amount and the adjustments you wish to make.
04
Clearly state the reason for the amendment and provide any necessary explanation or documentation.
05
Specify the effective date of the amendment and the duration of the revised fixed price bid.
06
If applicable, include any terms and conditions related to the amendment, such as payment terms or delivery schedules.
07
Review the amendment thoroughly to ensure accuracy and clarity.
08
Sign and date the amendment, and obtain the necessary signatures of all parties involved in the contract.
09
Keep a copy of the filled-out amendment for your records and distribute copies to all relevant stakeholders.

Who needs fixed price bid amendment?

01
A fixed price bid amendment is typically needed in construction or procurement contracts when there is a need to modify the existing fixed price arrangement.
02
Contractors, subcontractors, or suppliers who wish to make changes to the agreed-upon fixed price bid may require a bid amendment.
03
Similarly, the client or project owner may request a bid amendment if there are changes in project requirements, scope, or other relevant factors.
04
Both parties involved in the contract need to mutually agree and sign the amendment to make it legally binding.
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Fixed price bid amendment is a change or modification made to the original fixed price bid submitted by a contractor.
Contractors or bidders who have submitted a fixed price bid are required to file a fixed price bid amendment if there are any changes.
To fill out a fixed price bid amendment, contractors must provide the revised pricing information and any other relevant details in the designated form.
The purpose of fixed price bid amendment is to update or revise the bid to reflect any changes in pricing or other relevant information.
Contractors must report the revised pricing information, any changes to the original bid, and any other relevant details on the fixed price bid amendment.
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