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UniversityofWisconsin ..StevensPointVolume 30, Number 7 0(:tober 9, 1986 Contract must be rebid Hazardous/toxic material cleanup delayed Bill . Hustedt of the UW sysby Dau Dietrichtem\'s Payroll,
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How to fill out contract must be re-bid

01
Begin by thoroughly reviewing the existing contract that needs to be re-bid.
02
Identify the specific sections or terms that need to be revised or updated.
03
Prepare a clear communication plan outlining the re-bidding process and timelines to inform all relevant parties.
04
Create a comprehensive bid document with all the necessary details, specifications, and requirements.
05
Advertise the re-bidding opportunity through appropriate channels such as online portals, newspapers, or industry-specific publications.
06
Hold a pre-bid meeting to address any questions or concerns from potential bidders.
07
Provide a deadline for the submission of bids and ensure a fair evaluation process.
08
Evaluate the received bids based on predetermined criteria and select the most suitable contractor.
09
Notify all bidders of the outcome and provide feedback if requested.
10
Once a new contractor is selected, negotiate the terms and conditions of the re-bid contract.
11
Obtain all necessary approvals and signatures before finalizing the contract.
12
Conduct a review or audit of the contract periodically to ensure compliance and identify any potential issues.
13
Consider involving legal counsel to ensure all legal aspects of the contract are in order.
14
Communicate the contract re-bid outcome to all relevant stakeholders and update necessary documentation.
15
Maintain an organized record of the contract re-bid process for future reference.

Who needs contract must be re-bid?

01
Organizations or companies that are dissatisfied with the current contract's performance or terms.
02
Companies that require additional services or want to revise the existing scope of work.
03
Government agencies or entities that need to comply with procurement regulations or policies.
04
Companies that want to explore new opportunities and assess potential alternative contractors.
05
Organizations that have experienced significant changes in circumstances or requirements.
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A contract must be re-bid when the existing contract has expired, is nearing expiration, or when there are significant changes in the project scope, requirements, or budget that necessitate a new procurement process.
Typically, the contracting authority or the organization responsible for overseeing the contract management is required to file the re-bid paperwork.
To fill out a contract must be re-bid, one must provide essential details such as the project description, budget estimates, timeline, quality requirements, and any new compliance regulations relevant to the re-bid process.
The purpose of requiring contracts to be re-bid is to ensure that the procurement process remains fair, competitive, and transparent, allowing for possibly better pricing and service quality from potential contractors.
Information to be reported includes the project name, scope of work, contractor qualifications, bid evaluation criteria, timeline for submissions, and any other relevant details that inform bidders of requirements.
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