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Analysis of Bid ANALYSIS 20007 Citywide Lake Restoration RFP Department Estimated Budget/Cost: Stormwater Divisions CIP for fiscal years 2020 through 2022 has 2.5M budgeted for Citywide Lake Maintenance
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Analysis of bid is a process of evaluating and comparing bids to determine the best offer based on various criteria such as price, quality, and delivery terms.
The entity responsible for procurement or purchasing department is required to file the analysis of bid.
The analysis of bid can be filled out by comparing the bids received based on predetermined criteria and selecting the best offer.
The purpose of analysis of bid is to ensure transparency, fairness, and efficiency in the procurement process.
The analysis of bid must include details of the bids received, evaluation criteria used, and justification for the selection of the winning bid.
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