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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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How to fill out i - priced bid
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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What is i - priced bid?
An i-priced bid is a type of bid in which the price is set by the market.
Who is required to file i - priced bid?
Any entity participating in a bidding process that allows for i - priced bids.
How to fill out i - priced bid?
To fill out an i - priced bid, one must input the desired quantity and submit it to the market for pricing.
What is the purpose of i - priced bid?
The purpose of an i - priced bid is to allow market forces to determine the price of the bid.
What information must be reported on i - priced bid?
The information required on an i - priced bid includes the quantity being bid for and any specific conditions.
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