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Notes on Bid Data Sheet Section II, Bid Data Sheet, shall be filled in by the Purchaser before issuance of the Bidding Documents. The Bid Data Sheet (BDS) contains information and provisions that are specific to a particular bidding process.

The bidding process is used to select a vendor for subcontracting a project, or for purchasing products and services that are required for a project. Bid records contain the specifications of the project or details of the products and services to be purchased.

Bid documents include the plans, specifications and estimates (PS&E) developed to describe all of the elements of a construction project and become the contract between the local government and the selected contractor.

The Standard Bidding Document for Procurement of Goods reflects the structure and the provisions of the Master Procurement Document for the Procurement of Goods, except where specific considerations within the World Bank have required a change.

i) “Instructions to Bidders” refers to the complete set of documents which provides Bidders with all. information needed and procedures to be followed in the course of preparing their Bid.

The Bidding Process Step 1: Request For Proposals. owners or project teams first need to issue a request for proposal (RFP) or invitation to bid (ITB) to initiate the bidding process. ... Step 2: Bid Preparation Of Interested Parties. ... Step 3: Bid Evaluation And Selection. ... Step 4: Contract Negotiation And Awarding.

Letter of Bid means the document entitled letter of bid, which was completed by the Contractor and includes the signed offer to the Employer for the Works. 1.1. 1.9 “Letter of Acceptance” means the letter of formal acceptance, signed by the bidder after the receipt of Letter of Award confirming their acceptance.