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STANDARD BIDDING DOCUMENTProcurement of Goods (For value up to Nu. 0.25 million)Royal Government of Bhutan Ministry of FinanceMarch 2011iPreface This Standard Bidding Document for the Procurement
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A standard bidding document is a formal tendering document used in the procurement process to solicit bids from potential suppliers or contractors. It outlines the terms, conditions, and specifications of the project or service being procured.
Organizations or individuals seeking to procure goods or services through a competitive bidding process are required to file a standard bidding document.
To fill out a standard bidding document, one must carefully read the instructions provided, complete all required sections, provide accurate information regarding qualifications, pricing, and compliance, and ensure all necessary documents are attached before submission.
The purpose of a standard bidding document is to ensure transparency, fairness, and consistency in the bidding process, allowing for a structured method of evaluating proposals from different suppliers or contractors.
The information that must be reported includes bidder details, project specifications, terms and conditions, pricing information, and any relevant qualifications or certifications.
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