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State of Wisconsin Wis. Statutes s.16.75 DOA3070 (R08/2003) BIDS MUST BE SEALED AND ADDRESSED TO:Remove from bidder list for this commodity/service. (Return this page only.) AGENCY ADDRESS: Department
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Bids must be sealed refers to the requirement that bids submitted for contracts, especially in governmental procurement, need to be placed in a sealed envelope or container to maintain confidentiality and prevent tampering until the bidding process is officially closed.
Typically, contractors, vendors, or suppliers who wish to participate in a bidding process for public contracts or projects are required to file sealed bids.
To fill out a sealed bid, one must complete the bid form provided by the issuing authority, ensuring all required information is accurately filled in. The completed form should then be placed in a sealed envelope, which is labeled with the bid details and submitted to the designated authority.
The purpose of sealed bids is to ensure fairness and transparency in the bidding process, protect the integrity of the bids, and prevent any conflicts of interest or undue influence before bids are opened.
The information typically required on sealed bids includes the bidder's name, contact information, details of the goods or services being bid on, pricing, and any other specific requirements outlined in the bid solicitation.
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