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INTERUNIVERSITY ACCELERATOR Center (An Autonomous Center of UGC) Arena USAF Ali Mary, New Delhi110 067 NOTICE INVITING TENDER NO: IAC/NIT/47/OK/201920Dated: 14/01/2020Instructions for Online Bid Submission:
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How to fill out technical and price bids

01
Review the bid documents thoroughly to understand the technical requirements and evaluation criteria.
02
Prepare a detailed technical proposal outlining your approach to meeting the requirements.
03
Clearly list all the technical specifications, features, and functionalities of your product or service.
04
Include any relevant certifications, qualifications, or past experience that demonstrate your ability to deliver on the project.
05
Break down the cost of each component and provide a detailed pricing schedule.
06
Clearly explain any pricing assumptions or contingencies that may affect the final cost.
07
Make sure to submit the bid before the deadline and in the required format.

Who needs technical and price bids?

01
Government agencies looking to procure goods or services.
02
Private companies seeking vendors for projects or contracts.
03
Non-profit organizations soliciting bids for specific initiatives.
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Technical and price bids are documents submitted by vendors in response to a request for proposal (RFP) or invitation to bid (ITB) that outline the specifications and pricing of the products or services they are offering.
Vendors or contractors who wish to compete for a particular project or contract are required to file technical and price bids.
Technical and price bids are typically filled out according to the instructions provided in the RFP or ITB document, which may include information such as product specifications, pricing details, and any other required documentation.
The purpose of technical and price bids is to allow vendors to demonstrate their qualifications, capabilities, and pricing in order to compete for a specific project or contract.
Technical and price bids must typically include information such as product specifications, pricing details, company qualifications, and any other information required by the RFP or ITB document.
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