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Sealed bids are invited from reputed firms for clearing, haulage, and delivery of currency consignments from various locations to the Central Bank of Sri Lanka. The document outlines eligibility criteria, service specifications, bidding process, and various guarantees required.

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How to fill out invitation for bid

01

Start with the title: 'Invitation for Bid' or 'IFB'.

02

Include a brief introduction explaining the purpose of the bid.

03

Provide details about the project or services being solicited.

04

Specify the eligibility criteria for bidders.

05

Outline the submission process and deadlines for bids.

06

Include any necessary attachments or documents required for bidding.

07

Specify evaluation criteria and how bids will be assessed.

08

Provide contact information for questions or clarifications.

Who needs invitation for bid?

01

Government agencies seeking to procure goods or services.

02

Corporations looking for contractors for specific projects.

03

Nonprofit organizations requiring bids for services or supplies.

04

Educational institutions planning capital projects or service contracts.

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What is invitation for bid?

An invitation for bid (IFB) is a formal solicitation process used by organizations to invite suppliers or contractors to submit competitive bids for the provision of goods or services.

Who is required to file invitation for bid?

Organizations, typically public agencies or large private sector companies, that seek to procure goods or services through a competitive bidding process are required to file an invitation for bid.

How to fill out invitation for bid?

To fill out an invitation for bid, the issuer should define the project's scope, specify the required qualifications, outline the bidding process, detail the submission requirements, and set the timeline for submission.

What is the purpose of invitation for bid?

The purpose of an invitation for bid is to ensure transparency and fairness in the procurement process, allowing multiple suppliers or contractors to compete for the contract under established terms and conditions.

What information must be reported on invitation for bid?

An invitation for bid must report information such as the project description, project specifications, submission deadlines, eligibility requirements, evaluation criteria, and terms and conditions for bidding.

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