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VOLUME 3 OF 3 NEC3 ECC OPTION A THE CONTRACTTender No. RFP 260/2021 Appointment of an EPC Contractor to carry out Engineering, Procurement and Construction of a 50 ton per day Biodiesel Pilot Plant
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Contract award of negotiable refers to the process of awarding a contract that involves the exchange of money or goods.
Any party involved in the contract exchange who wants to document the agreement is required to file the contract award of negotiable.
To fill out a contract award of negotiable, one must provide details of the parties involved, the terms of the contract, and the agreed-upon consideration.
The purpose of contract award of negotiable is to have a documented record of the contract exchange for legal and financial purposes.
The contract award of negotiable must include information about the contracting parties, the nature of the contract, the consideration involved, and the date of agreement.
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