Get the free Bid Recapitulation Form

Bid Recapitulation Form Purchases from $10,000 to $25,000 Informal Procurement Procedures: In accordance with City Colleges of Chicagos Board Policy Section 2.2, purchases between $10,000.00 and $25,000.00

How to fill out bid recapitulation form

How to fill out bid recapitulation form

1. Start by gathering all the necessary information and documents such as the bid document, cost estimates, and other related materials.
2. Read through the bid recapitulation form and familiarize yourself with its sections and requirements.
3. Begin filling out the form by entering the basic details such as the project name, bid number, and your company's information.
4. Move on to the cost breakdown section and provide a detailed breakdown of the estimated costs for labor, materials, equipment, and any other relevant expenses.
5. Make sure to accurately calculate and enter the total cost in the appropriate section.
6. If required, fill in any additional sections or provide supporting documents as requested.
7. Double-check all the information entered for accuracy and completeness.
8. Once you are satisfied with the filled-out form, sign and date it.
9. Submit the bid recapitulation form according to the instructions provided in the bid document.

Who needs bid recapitulation form?

1. Bid recapitulation forms are typically needed by companies or individuals participating in the bidding process for construction projects or other similar activities. It helps in providing a comprehensive overview of the estimated costs and breakdown, which is essential for evaluating bids and selecting the most suitable contractor or supplier.

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What is bid recapitulation form?

A bid recapitulation form is a document that summarizes the details of submitted bids for a project, including the bid amounts and the bidders.

Who is required to file bid recapitulation form?

Typically, contracting agencies or project managers who oversee the bidding process are required to file the bid recapitulation form.

How to fill out bid recapitulation form?

To fill out the bid recapitulation form, list all bidders, their respective bid amounts, and any relevant notes or information regarding the bids.

What is the purpose of bid recapitulation form?

The purpose of the bid recapitulation form is to provide a clear summary of the bids received, facilitating analysis and decision-making regarding the selection of a contractor.

What information must be reported on bid recapitulation form?

The information reported on the bid recapitulation form typically includes bidder names, bid amounts, project details, and any discrepancies or comments.