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Document soliciting quotations from vendors for the disposal of empty/used/scrap SMF Batteries at IIT Guwahati, including bid instructions, terms and conditions, and an annexure detailing battery
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How to fill out notice inviting quotation niq

01
Start with the heading 'Notice Inviting Quotation' at the top of the document.
02
Include the date of issuance below the heading.
03
Provide a brief introduction stating the purpose of the notice.
04
Specify the details of the work or services for which quotations are invited.
05
Include the eligibility criteria for bidders.
06
Mention the deadline for submitting quotations.
07
Indicate where the quotations should be submitted (physical address or email).
08
Provide contact information for any queries regarding the notice.
09
Include any terms and conditions that need to be followed by the bidders.
10
End with a statement encouraging potential bidders to participate.

Who needs notice inviting quotation niq?

01
Organizations looking to procure goods or services.
02
Contractors or suppliers interested in bidding for projects.
03
Procurement officers or managers responsible for acquiring items.
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A Notice Inviting Quotation (NIQ) is a formal document issued by an organization to invite suppliers or contractors to submit their quotations for goods or services.
Typically, organizations or individuals who need goods or services above a certain threshold value are required to file a Notice Inviting Quotation (NIQ).
To fill out an NIQ, one should provide details such as the scope of work or goods required, submission deadlines, qualification requirements, and instructions on how to submit quotations.
The purpose of issuing a Notice Inviting Quotation (NIQ) is to ensure transparency in the procurement process and to invite competitive bids from multiple suppliers or contractors.
The NIQ must include information such as the project description, eligibility criteria, important dates, terms and conditions, and evaluation criteria for the quotations.
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