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JAMIE MILLIE ISLAMIC Maulana Mohammad Ali Jaguar Mary, Jamie Nagar New Delhi110025ETENDER NOTICE BID DOCUMENT [Two bid system]No. JMA/PICO/NIT07/201819Date: 08.05.2018On behalf of The VICE CHANCELLOR,

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How to fill out two-bids system are invited

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Gather all necessary information about the project, including project requirements, specifications, and timelines.

02

Prepare and finalize the bidding documents that clearly outline the project scope, terms and conditions, evaluation criteria, and submission requirements.

03

Identify and select potential bidders who meet the qualifications and have the capacity to fulfill the project requirements.

04

Send out the bidding documents to the selected bidders and provide them with the necessary instructions and deadlines for submission.

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Receive and evaluate the bids based on the specified criteria and select the winning bidder(s) accordingly.

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Notify the winning bidder(s) and negotiate and finalize the contract terms before proceeding with the project.

Who needs two-bids system are invited?

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Government agencies and public sector organizations that want to ensure transparency and competition in the bidding process for public projects.

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Construction companies and suppliers who want to participate in competitive bidding to secure contracts for projects.

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Large corporations and businesses that want to solicit competitive bids from multiple vendors for large-scale projects or procurement needs.

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What is two-bids system are invited?

The two-bids system is a procurement process where suppliers submit two separate bids: a technical bid and a financial bid. This allows the evaluation of each bid individually before making a selection.

Who is required to file two-bids system are invited?

Typically, organizations such as government agencies and large corporations that utilize public funds or are bound by procurement regulations are required to implement this system when soliciting bids.

How to fill out two-bids system are invited?

To fill out the two-bids system, suppliers must complete a technical proposal detailing their qualifications, experience, and approach, as well as a financial proposal outlining their pricing and payment terms. Both documents should be submitted as separate sealed envelopes.

What is the purpose of two-bids system are invited?

The purpose of the two-bids system is to ensure transparency, fairness, and competitiveness in the procurement process, allowing the evaluation of technical capabilities alongside cost considerations.

What information must be reported on two-bids system are invited?

Suppliers must report detailed technical qualifications, project approach, financial projections, pricing breakdowns, and any supporting documentation required by the procuring authority.

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