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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/68/HAD/ 201920Dated: 03/03/2020Instructions for Online Bid
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How to fill out technical and financial bids

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Review the bid instructions carefully to ensure understanding of all requirements.
02
Gather all necessary information and documents required for the bid.
03
Clearly identify the technical specifications and requirements in the technical bid.
04
Provide detailed breakdown of costs and pricing in the financial bid.
05
Complete all necessary forms and documentation accurately and thoroughly.
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Submit the completed technical and financial bids before the deadline.

Who needs technical and financial bids?

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Government agencies and departments.
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Corporate organizations.
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Non-profit organizations.
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Any entity issuing a request for proposal (RFP).
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Technical and financial bids are documents submitted by individuals or companies in response to a request for proposal (RFP) or invitation to tender (ITT). The technical bid includes information about the proposed solution or methodology, while the financial bid includes pricing details.
Any individual or company that wishes to bid on a project or contract is required to file both technical and financial bids.
Technical and financial bids should be filled out according to the instructions provided in the RFP or ITT. It is important to provide accurate and detailed information to increase the chances of winning the bid.
The purpose of technical and financial bids is to allow individuals or companies to present their proposed solution and pricing for a project or contract, in order to be considered for selection by the client.
Technical bids typically include information about the proposed solution, methodology, qualifications, and experience. Financial bids include pricing details, cost breakdowns, and payment terms.
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