What is nit in tender?
What is nit in tender?
Notice Inviting Tender (NIT)
What is NIT Trichy famous for?
NIT Trichy focuses exclusively on engineering, management, science, technology and architecture. The institute offers 10 bachelor’s, 40 master’s and 17 doctoral programmes through its 17 academic departments and awards more than 1700 degrees annually.
What is notice inviting tender?
Notice Inviting Tender (NIT means any publication or notice issued to the public through press or otherwise expressing the intention of the corporation to get the supplies or work done and requesting the bidder to make offers.
How many courses are in NIT Trichy?
NIT Trichy Highlights 2022
| Particulars | Statistics |
|---|---|
| Approved By | AICTE |
| Ranking (2021) | Ranked 9 for Engineering by NIRF |
| No. of courses offered | 20+ |
| Highest CTC (2020) | INR 42 LPA |
Can a single tender be accepted?
I am directed to say that as per the existing CVC guidelines, single tenders can be accepted only with detailed justification in support of the acceptance with the approval of Competent Authority including Associated Finance. In general, single tenders are not acceptable in the first instance.
What is EMD amount in tender?
EMD stands for Earnest Money Deposit. It is taken by the organization to ensure that only serious bidders participate in the tender. This is a refundable deposit which is sought in the form of fixed deposit Receipt/crossed Bank Draft/Irrevocable Bank Guarantee.
Which branch is best in NIT Trichy?
Dear student, NIT Trichy has computer science and electronic engineering branch the best. These two branches have 100% placement since the last two years. The rest of the branches like mechanical and civil are also good as their placement are above 80% in NIT Trichy.
Which branch is best in NIT?
The best branches here too are CSE and ECE. Apart from that mechanical is also quite good in this college in terms of the faculty and student quality. The placements might not be great for mechanical but the overall branch is good. CSE and ECE have really good placements as well.
What is BOQ full form?
abbreviation for bill of quantities.
How do I go out to tender?
You will want to draw together a formal invitation to tender letter. This will explain the work, address and contact details. This could also include an invitation to meet the contractor at the site to meet the client and talk through the work.
What is a 3 bid process?
Q. What is a Three-Bid Process? A. It is a process in which three or more service or contract providers compete for a particular job or contract.
Can a tender be Cancelled?
tender can not be cancelled.