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NATIONAL INSTITUTE OF
OCEAN TECHNOLOGY (...)
NOTICE INVITING TENDER (NIT)
:
Form No.NIOT/S&P/NITeTender Schedule
/NIOT/S&P/DSM/25691/202324Tender No.
Data Acquisition and Control SystemIssued To
/Tender
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04
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What is tender result for value?
Tender result for value is a documentation that reports the results of a tender providing a detailed account of the bids submitted, the selected bid, and the overall financial implications for a project or transaction.
Who is required to file tender result for value?
The entity or organization that issued the tender, typically the buyer or contracting authority, is required to file the tender result for value.
How to fill out tender result for value?
To fill out the tender result for value, you need to input details such as the description of the procurement, bids received, evaluation results, reasons for selection, and the contract value.
What is the purpose of tender result for value?
The purpose of the tender result for value is to ensure transparency and accountability in the procurement process by providing a clear record of the tender evaluation and selection outcomes.
What information must be reported on tender result for value?
The information that must be reported includes the names of bidders, bid amounts, the evaluation criteria, reasons for the final bid selection, and any deviations from the planned procurement.
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