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Central Coalfields Limited invites online tenders for the renovation of ladies club and rest house in Says, with a completion period of 60 days. EMD of ₹11700 required.

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What is notice inviting tender?

A notice inviting tender (NIT) is a formal announcement made by a government or private organization inviting bids from contractors or suppliers to undertake a specific project or provide certain goods or services.

Who is required to file notice inviting tender?

Organizations or entities that wish to procure goods, services, or construction works through the competitive bidding process are required to file a notice inviting tender.

How to fill out notice inviting tender?

To fill out a notice inviting tender, one must provide details such as project description, eligibility criteria, submission guidelines, deadlines, and contact information for inquiries. It should be clear and comprehensive to attract qualified bidders.

What is the purpose of notice inviting tender?

The purpose of a notice inviting tender is to ensure transparency and fairness in the procurement process, allowing multiple bidders the opportunity to compete for a project, thereby promoting healthy competition and obtaining the best value.

What information must be reported on notice inviting tender?

A notice inviting tender must report information including project title, scope of work, eligibility requirements, submission deadlines, bid opening date, and evaluation criteria.

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