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Tender No.: AAI/VS/IT/Rate Contract/201920AIRPORTS AUTHORITY OF INDIA VISAKHAPATNAM AIRPORT TENDER DOCUMENT Tender No.: AAI/VS/IT/Rate Contract/201920 NAME OF THE WORK: Rate contract for supply of

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How to fill out nit for rate contract

01

Log in to the e-procurement portal using your credentials

02

Navigate to the 'Tender' section and select 'Create New Tender'

03

Fill in the details of the rate contract including the scope of work, requirements, and terms and conditions

04

Attach any necessary documents such as specifications, drawings, and schedules

05

Set the bidding timelines and publish the tender for interested suppliers to bid

06

Evaluate the bids received based on pre-defined criteria and select the supplier offering the best value

07

Generate the rate contract document with the agreed terms and conditions and notify the selected supplier

Who needs nit for rate contract?

01

Government agencies

02

Private companies

03

Non-profit organizations

04

Any organization looking to establish a long-term agreement with suppliers for specific goods or services

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What is nit for rate contract?

NIT stands for Notice Inviting Tender. It is a document used for inviting bids from potential suppliers for a rate contract.

Who is required to file nit for rate contract?

Government organizations, businesses, or entities looking to enter into a rate contract with suppliers are required to file NIT.

How to fill out nit for rate contract?

NIT for rate contracts can be filled out by providing details about the product or service needed, specifications, quantities, terms and conditions, and other relevant information.

What is the purpose of nit for rate contract?

The purpose of NIT for rate contract is to announce an opportunity for suppliers to bid for providing goods or services at pre-negotiated prices for a specific period.

What information must be reported on nit for rate contract?

Information such as product/service details, specifications, quantities, contract duration, terms and conditions, evaluation criteria, and contact information must be reported on NIT for rate contract.

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