Get the free Rate Contract Tender Sale For the Period of 3 months from 01-07-2024 to 30-09-2024
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Rate Contract Tender Sale For the Period of 3 months from 01072024 to 30092024Tender No.REVL/PIV/2425/RC1 due on 05072024 by 2 p.m.
Under Instructions from and ATM/s Race Engine Valve Ltd., Plant
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What is rate contract tender sale?
A rate contract tender sale is a procurement process where a government or organization pre-establishes rates for goods or services over a specified period, allowing for efficient purchasing without re-tendering for each individual transaction.
Who is required to file rate contract tender sale?
Typically, government agencies and organizations that intend to make purchases under a rate contract are required to file rate contract tender sales.
How to fill out rate contract tender sale?
To fill out a rate contract tender sale, one should accurately complete the required forms, providing detailed information about the goods or services, pricing, duration of the contract, and any other necessary documentation as specified by the purchasing authority.
What is the purpose of rate contract tender sale?
The purpose of a rate contract tender sale is to streamline the procurement process, reduce administrative costs, and secure favorable pricing for goods or services needed by the organization.
What information must be reported on rate contract tender sale?
Information required includes the rates for goods/services, description of the items, duration of the contract, vendor details, and any terms and conditions relevant to the contract.
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