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NATIONAL SEEDS CORPORATION LIMITED (A GOVERNMENT OF INDIA UNDERTAKINGMINIRATNA COMPANY) REGIONAL OFFICE: BANGALORE (INTO: U74899DL1963GOI003913)(COMPETITIVE BIDDING BID SYSTEM) OFFLINE/ONLINE SALE

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How to fill out competitive bidding-two bid system

01

Identify the project or service that needs to be procured through competitive bidding.

02

Prepare detailed specifications or scope of work that clearly outline the requirements.

03

Advertise the bidding opportunity on suitable platforms to attract potential bidders.

04

Issue the bid documents containing all necessary information, terms, and conditions.

05

Set a deadline for submission of bids and ensure that all bidders have equal access to information.

06

Evaluate the bids based on predetermined criteria and select the winning bidder.

07

Notify the successful bidder and award the contract after negotiation of terms.

Who needs competitive bidding-two bid system?

01

Government agencies and departments looking to procure goods or services using a transparent and fair process.

02

Private organizations that want to ensure competitiveness and value for money in their procurement processes.

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What is competitive bidding-two bid system?

Competitive bidding-two bid system is a procurement method where bids are submitted by two or more competitive bidders.

Who is required to file competitive bidding-two bid system?

Entities or individuals engaging in a competitive procurement process are required to file competitive bidding-two bid system.

How to fill out competitive bidding-two bid system?

Competitive bidding-two bid system can be filled out by providing all required information such as bid price, terms and conditions, and any other relevant details.

What is the purpose of competitive bidding-two bid system?

The purpose of competitive bidding-two bid system is to ensure transparency, fairness, and competitiveness in the procurement process.

What information must be reported on competitive bidding-two bid system?

On competitive bidding-two bid system, information such as bid price, item description, delivery terms, and payment terms must be reported.

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