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When is a contract formed? Your department sends out a tender,10 conforming bids are received.A preferred supplier is identified.The preferred supplier is notified of their
When is a contract formed?
Your department sends out a tender,10 conforming bids are received.A preferred supplier is identified.The preferred supplier is notified of their status.A letter of award is submitted to the supplier.
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- At what stage is a contract formed?
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