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TENDER DOCUMENT CLOSED BID TENDER NO TENDER DESCRIPTIONGRDM/33/2324 TRAINING FOR NATIONAL CERTIFICATE: LOCAL ECONOMIC DEVELOPMENT SAQA 36436 NQF 4.PERIOD18 MONTHS31 MAY 2024 CLOSING DATE POSTAL ADDRESS:

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What is closed bid?

A closed bid is a bidding process where participants submit their bids privately without knowing others' bids, and the bids are opened after the submission deadline.

Who is required to file closed bid?

Typically, organizations or individuals that seek to procure goods or services through a competitive process are required to file closed bids.

How to fill out closed bid?

To fill out a closed bid, one must follow the instructions provided in the bid documents, including completing all required forms, providing necessary documentation, and submitting it before the specified deadline.

What is the purpose of closed bid?

The purpose of a closed bid is to ensure fair competition, minimize the potential for collusion, and allow for a transparent selection process based on submitted bids.

What information must be reported on closed bid?

Information required on a closed bid typically includes the bidder's details, a detailed description of the goods or services offered, pricing, and compliance with specifications outlined in the bid documents.

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