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Advance Contract Award Notice (ACAN) Abstract: Prototype Canadian ...http://www.merx.com/English/SUPPLIER_Menu.asp?WCEShow&TA...The Government of Canada is now providing funding so that potential
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An Advance Contract Award Notice (ACAN) is a public notice issued by a contracting authority to inform potential suppliers of a contract that has been awarded or is about to be awarded, allowing stakeholders to challenge the decision if they believe they can fulfill the contract.
Contracting authorities or government entities that are responsible for awarding contracts are required to file an Advance Contract Award Notice.
To fill out an Advance Contract Award Notice, the authority must provide details such as the contract title, description, awarded vendor, contract value, and the justification for the award.
The purpose of an Advance Contract Award Notice is to ensure transparency in the procurement process and to give other potential suppliers the opportunity to challenge the award if they believe they can deliver the service or product.
The information that must be reported includes the name of the awarded contractor, the contract description, the value of the contract, the contract start and end dates, and the justification for the award.
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