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INDIAN INSTITUTE OF TECHNOLOGY, BHAGALPUR ESTATE (E & M) WORKS SECTIONNotice Inviting QuotationQuotation No: IIT/E/E&M/202122/Qty./05 Date: 04.05.2021Sealed quotations on item rate basis are invited
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How to fill out sealed quotations on item

01
Start by identifying the item for which you need to submit a sealed quotation.
02
Fill out the required information such as your name, contact details, and any specific instructions provided by the requester.
03
Clearly state the price you are quoting for the item and any terms and conditions that apply.
04
Seal the filled-out quotation in an envelope to ensure confidentiality.
05
Submit the sealed quotation according to the specified deadline and method of submission.

Who needs sealed quotations on item?

01
Government agencies
02
Companies requesting bids for a project
03
Organizations looking to purchase goods or services in a confidential manner
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Sealed quotations on item refer to the process of submitting price quotes or bids for a specific item in a closed or confidential manner.
Suppliers or vendors who want to sell the specific item are required to file sealed quotations.
To fill out sealed quotations on item, suppliers need to provide the item description, quantity, price, and any other relevant terms and conditions in a sealed envelope or online submission.
The purpose of sealed quotations on item is to ensure fair competition and transparency in the procurement process, as well as to prevent bias or favoritism.
Information such as item description, quantity, price, terms and conditions, supplier details, and any other relevant information must be reported on sealed quotations.
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