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Section 103 Contract Award and Execution
(1)103.1 Consideration of Proposals
Following the public opening of the proposals received, the department will compare them based on the
summation of the
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How to fill out section 103 contract award

How to fill out section 103 contract award:
01
Start by gathering all the necessary information and documents related to the contract, such as the contract terms and conditions, the parties involved, and any previous awards or amendments.
02
Begin section 103 by providing the contract number and its title. Ensure that the contract number is accurate, as it will be used for reference purposes.
03
Specify the effective date of the contract. This is the date when the contract comes into effect and the parties are bound by its terms. Double-check the date to avoid any discrepancies.
04
Identify the contracting agency or organization that is awarding the contract. Provide their complete name, address, and contact information. It is crucial to accurately represent the contracting agency to ensure proper communication and accountability.
05
Next, enter the name and contact information of the authorized representative from the contracting agency who will be responsible for overseeing the contract. This individual will serve as the main point of contact for any issues or inquiries related to the contract.
06
Outline the purpose or scope of the contract. Briefly describe the goods, services, or project being awarded and its objectives. Clearly defining the scope helps to avoid misunderstandings or disputes in the future.
07
Specify the duration of the contract. Include the start and end dates, as well as any options for renewal or extension. This information ensures that both parties are aware of the timeline and can plan accordingly.
08
Indicate the contract value or total amount being awarded. This can include the base contract amount and any potential additional or optional services. Accuracy is crucial to avoid any financial discrepancies or misunderstandings.
09
Include any special terms or conditions specific to the contract award. These may include milestones, deliverables, payment schedules, or any unique requirements agreed upon by the contracting parties.
10
Finally, both the contracting agency and the contractor should review and sign the section 103 contract award. This signifies their agreement to the terms and conditions outlined and establishes a formal commitment to fulfill their respective obligations.
Who needs section 103 contract award:
01
Government agencies or organizations that are procuring goods, services, or projects through a contract.
02
Contractors or vendors who are bidding on or have been awarded a contract by a government agency.
03
Any party involved in the contract management process, including legal representatives, project managers, and procurement officials.
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