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The Township of Algonquin Highlands seeks proposals for two hybrid all-wheel drive SUVs. Submit by April 18, 2023, for consideration.
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What is request for tender?
A request for tender (RFT) is a formal invitation to suppliers to submit competitive bids for a specific project or procurement of goods and services.
Who is required to file request for tender?
Typically, organizations or government entities that need to procure goods or services exceeding a certain value threshold are required to file a request for tender.
How to fill out request for tender?
To fill out a request for tender, one must provide detailed project specifications, terms of service, submission guidelines, evaluation criteria, and any other relevant information that bidders need to prepare their submissions.
What is the purpose of request for tender?
The purpose of a request for tender is to ensure transparency and fairness in the bidding process, allowing multiple suppliers to compete for contracts, ultimately aiming to secure the best value for the organization.
What information must be reported on request for tender?
Information typically required includes project descriptions, timelines, budget estimates, evaluation criteria, and legal terms and conditions.
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