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NORTHERN COALFIELDS LIMITED (A Minivan Company) Tender No: NCL/SGR/MID/Sec I/120A1015/18 Date: 19/05/2020OPEN GLOBAL TENDER Come REVERSE AUCTIONEER DOCUMENTARY CONTRACT FOR SUPPLY OF LOWER ROLLER

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What is rate contract for supply?

Rate contract for supply is a pre-negotiated agreement between a buyer and a seller for the supply of goods or services at a fixed rate over a specified period of time.

Who is required to file rate contract for supply?

Any entity or individual involved in procurement or sourcing activities may be required to file a rate contract for supply.

How to fill out rate contract for supply?

Rate contract for supply can be filled out by entering the details of the agreement such as the parties involved, the goods or services being supplied, the fixed rate, and the duration of the contract.

What is the purpose of rate contract for supply?

The purpose of rate contract for supply is to streamline the procurement process, ensure pricing transparency, and establish a long-term relationship between the buyer and the seller.

What information must be reported on rate contract for supply?

The rate contract for supply must include details such as the parties involved, the goods or services being supplied, the fixed rate, the quantity or scope of supply, and the duration of the contract.

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