Get the free Annexure 5F Bid-Securing Declaration Form

Annexure 5F BidSecuring Declaration Form (Refer para 5.1.2 (ix)(d) & 6.1.1 (02) of the CSIR Manual) Date:___ Bid No. ___ To (insert complete name and address of the purchaser) I/We. The undersigned,

How to fill out annexure 5f bid-securing declaration

How to fill out annexure 5f bid-securing declaration

1. Begin by downloading the Annexure 5F bid-securing declaration template.
2. Fill in your company's name and address at the top of the document.
3. Include the name of the project or procurement for which the bid is submitted.
4. State the bid submission date and the bid validity period.
5. Provide the name and title of the person signing the declaration on behalf of your company.
6. Include a clear declaration statement confirming your commitment to the bid and willingness to abide by the terms outlined.
7. Add a statement about the understanding of penalties for non-compliance with the bid-securement terms.
8. Sign and date the declaration at the bottom to validate the document.
9. Ensure that any required witnesses also sign if stipulated.

Who needs annexure 5f bid-securing declaration?

1. All bidders participating in procurement processes that require security for their bids.
2. Companies applying for government contracts or any projects that demand a bid-securing declaration.
3. Any organization that intends to assure the procurement authority of their commitment to the bid terms.

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What is annexure 5f bid-securing declaration?

Annexure 5f bid-securing declaration is a formal document that bidders submit to affirm their commitment to honor the terms of their bid and secure their proposal against withdrawal or noncompliance.

Who is required to file annexure 5f bid-securing declaration?

All bidders participating in the tendering process that requires a bid-securing declaration must file this annexure to demonstrate their seriousness and compliance with bidding regulations.

How to fill out annexure 5f bid-securing declaration?

To fill out annexure 5f, bidders must provide information such as their company name, details of the bid, confirmation of compliance with the bid requirements, and signatures of authorized representatives.

What is the purpose of annexure 5f bid-securing declaration?

The purpose of annexure 5f bid-securing declaration is to ensure that bidders are committed to their offers and to protect the interests of the project owner by discouraging bid withdrawal or nonperformance.

What information must be reported on annexure 5f bid-securing declaration?

The annexure must report information including bidder's name, details of the contract, acknowledgment of bid validity duration, and a declaration of intent not to withdraw the bid during the specified period.