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(Notice Inviting Tender) RFP NO. COTAM/P&E/ SEE /MAY/2023 RFP FOR EMBANKMENT AND RATE Standardization OF VENDORS FOR SUPPLY, INSTALLATION & AMC OF SECURITY EQUIPMENTS/GADGETS FOR ALL BRANCHES/ATMs/

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What is cum- notice inviting tender?

Cumulative- Notice Inviting Tender (NIT) is a document that invites suppliers or contractors to bid for a project, outlining the terms and conditions.

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The purpose of Cum- Notice Inviting Tender is to ensure transparency, competition, and fairness in the procurement process, allowing suppliers and contractors to bid for projects based on their capabilities and offering the best value for money.

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Information such as project details, scope of work, technical specifications, terms and conditions, eligibility criteria, bid submission deadline, evaluation criteria, and contact information must be included in a Cum- Notice Inviting Tender.

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