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Annual Rate Contract for Providing & Fixing of Banners in National Institute of Biological, Noida. Tender No. 04/20182019/Egg. (C) SCHEDULE OF BIDS Tender 1 document download / sale period08.06.2018
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An annual rate contract is for establishing a fixed rate for services or goods over a specified period of time.
Any party entering into a contract for services or goods over a period of one year or more may be required to file an annual rate contract.
To fill out an annual rate contract, parties must provide details of the services or goods to be provided, the agreed upon rates, and the duration of the contract.
The purpose of an annual rate contract is to establish a predictable and stable pricing structure for services or goods over a specified period of time.
Information such as the parties involved, the services or goods to be provided, the rates, and the duration of the contract must be reported on an annual rate contract.
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