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This document is an Invitation for Bids issued by the New York State Office of General Services for the procurement of Bituminous Concrete Hot Mix Asphalt for various NYSDOT specific projects. It outlines the bidding procedures, submission requirements, contract terms, and conditions including instructions on bidder qualifications, specifications, and responsibilities. The estimated contract value is approximately $54 million with a contract period extending until December 31, 2020.
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What is invitation for bids?
An invitation for bids (IFB) is a formal solicitation issued by a buyer or organization seeking vendors to submit offers for a specific project or service, typically in the context of public procurement.
Who is required to file invitation for bids?
Organizations, particularly government agencies and entities involved in public procurement, are typically required to file an invitation for bids to ensure transparency and fairness in the bidding process.
How to fill out invitation for bids?
To fill out an invitation for bids, the issuer must provide detailed information about the project, including specifications, timelines, and submission requirements. Additionally, the document should include instructions for bidders and evaluation criteria.
What is the purpose of invitation for bids?
The purpose of an invitation for bids is to solicit competitive offers from potential suppliers or contractors to achieve the best value for the goods or services required, ensuring fairness and transparency in the procurement process.
What information must be reported on invitation for bids?
An invitation for bids must report essential information such as project specifications, submission deadlines, evaluation criteria, terms and conditions, and contact information for clarification.
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