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MUNISIPALITEITMUNICIPALITYVANOFPRINS ALBERTPRINCE ALBERT PROCUREMENT DOCUMENT TENDER 49 / 2024PROVISION OF SHORTTERM INSURANCE AND MANAGEMENT OF THE INSURANCE PORTFOLIO FOR A CONTRACT PERIOD OF THREE
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What is extension of tender closing?
Extension of tender closing is a formal request to postpone the deadline for submitting tenders or bids in a procurement process.
Who is required to file extension of tender closing?
Typically, the entity responsible for the procurement process, such as a government agency or company, must file for an extension if additional time is needed.
How to fill out extension of tender closing?
To fill out an extension of tender closing, one needs to complete a designated form, providing essential details like the reason for extension, new submission deadline, and relevant project information.
What is the purpose of extension of tender closing?
The purpose of the extension is to allow potential bidders additional time to prepare their submissions, ensuring a competitive and fair procurement process.
What information must be reported on extension of tender closing?
The report must include the original tender closing date, the new proposed closing date, reasons for the extension, and any changes in tender specifications.
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