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BIDSECURING DECLARATION FORM Date: ___ Bid No. ___ To (insert complete name and address of the purchaser) I/We. The undersigned, declare that: I/We understand that, according to your conditions, bids
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How to fill out bid securing declaration sample
How to fill out bid securing declaration sample
01
Start with the title 'Bid Securing Declaration'.
02
Include the date at the top of the document.
03
State the name and address of the party submitting the declaration.
04
Clearly mention the details of the bid, including the project name and reference number.
05
Explicitly state the amount of the bid.
06
Include a statement expressing the understanding of the penalties for not honoring the bid.
07
Include a statement of compliance with all the applicable laws and regulations.
08
Provide a signature line for the authorized representative of the bidding party.
09
Add a statement regarding the acceptance of terms by signing the declaration.
10
Review the document for accuracy before submission.
Who needs bid securing declaration sample?
01
Contractors or suppliers participating in bidding processes.
02
Organizations or companies submitting proposals for public contracts.
03
Businesses that require assurance of financial commitment from bidders.
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What is bid securing declaration sample?
A bid securing declaration sample is a formal document that a bidder submits to guarantee that they will honor their bid and comply with the terms and conditions of the bidding process.
Who is required to file bid securing declaration sample?
Typically, all bidders who wish to participate in a public procurement process or in a tendering process are required to file a bid securing declaration sample as part of their bid submission.
How to fill out bid securing declaration sample?
To fill out a bid securing declaration sample, a bidder must provide their company name, bidding project details, a statement of compliance with the bidding conditions, and signatures where required, following the guidelines set forth in the tender documents.
What is the purpose of bid securing declaration sample?
The purpose of the bid securing declaration sample is to assure the contracting authority that the bidder is serious about their bid and that they will enter into a contract if selected, thus protecting against non-compliance or withdrawal.
What information must be reported on bid securing declaration sample?
The bid securing declaration sample must typically include the bidder's identity, the details of the bid, a declaration statement, and any specific terms outlined in the tender documents related to bid security.
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