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PRICE SCHEDULE / SCHEDULE OF RATES(FOR) [PART I PRICED BID] TENDER NO: CPL/C&P/LE17W030MK/00412 Dated 09.06.2017 HIRING OF SERVICES FOR MECHANICAL MAINTENANCE ACTIVITIES IN PART A: UPSTREAM UNITS
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01
Review the bid document carefully to understand all requirements and instructions.
02
Identify all pricing components required, including labor, materials, overhead, and profit.
03
Calculate the cost of each pricing component accurately.
04
Determine the pricing strategy and markup percentage to be applied.
05
Fill out the bid form accurately and clearly, ensuring all pricing details are included.
06
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Any business or individual bidding on a project or job with specified pricing requirements.
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An i-priced bid is a type of bid in which the price is set by the market.
Any entity participating in a bidding process that allows for i - priced bids.
To fill out an i - priced bid, one must input the desired quantity and submit it to the market for pricing.
The purpose of an i - priced bid is to allow market forces to determine the price of the bid.
The information required on an i - priced bid includes the quantity being bid for and any specific conditions.
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