“decision tree” analysis to help them come up with decision problem. Based on the preliminary study‚ the company has four possible outcomes‚ depending on the decisions they will make: - - There is a 20% possibility that it will be the highest bid and acquire the property. In this case‚ Oceanview will wait for 6 months to decide. On the other hand‚ - There is 80% probability that Oceanview will not be the highest bidder and they will not get the property in this case where their deposit will
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telecommunications companies in the UK‚ launched a formal hostile bid for Mannesmann‚ one of its largest peer companies based in German. Mannesmann has just acquired another large UK wireless operator‚ Orange. Vodafone first offered Mannesmann €138 billion‚ or €266/share‚ which is way higher than its valuation a few weeks ago. But Mannesmann rejected this tender offer and asked for €350/share. Vodafone has to decide whether it should raise the bid or not and how to respond to the issues brought by the German
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The Royal Institute of British Architects (RIBA) Plan of Work Stages The RIBA Plan of Work describes the activities from appraising the client’s requirements through to post construction. The stages are also used in the appointment of architects and help to identify consultant services and indicate the resource and fee total by Work Stage. The information below is in accordance with CABE principles (Creating Excellent Buildings: A guide for clients‚ 2003‚ CABE and Being involved in School
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submitting a bid to purchase property that will be sold by sealed bid at a county tax foreclosure. Glenn’s initial judgment is to submit a bid of $5 million. Based on his experience‚ Glenn estimates that a bid of $5 million will have a 0.2 probability of being the highest bid and securing the property for Oceanview. The current date is June 1. Sealed bids for the property must be submitted by August 15. The winning bid will be announced on September 1. If Oceanview submits the highest bid and obtains
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COMPUTRON INC. CASE I. Problem Identification: What bid price should Computron Inc. set‚ so that the Computron can achieve management’s profits target‚ match the customer’s requirement and be competitive with respect to the competitors? II. Alternatives: 1) Bid Price: $ 746‚880.00 within 20% offered by Digitex pricing of $ 622‚400. - Will sell less than factory cost of $ 768‚000‚ hence no profit and reduces cash flow required for future investments. - Computron will lose premium quality
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Introduction 2.1 Background of the Projects The project we are going to bid is a private development‚ which to construct a 24-storey residential apartment. The form of contract that the client decided to use in the captioned project is Hong Kong Standard Form of Building Contract 2005-With Quantities‚ which is published by HKIS‚ HKIA & HKICM. The client preferred a single stage selective tendering approach and we are now going to enter the bid. 2.2 Objectives (i) Understand the procurement strategy adopted
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References: Albano‚ Gian Luigi‚ Milo Bianchi and Giancarlo Spagnolo (2007)‚ ‘Bid average methods in procurement’‚ in Gustavo Piga and Khi Thai (eds)‚ The Economics of Public Procurement‚ Basingstoke: Palgrave Macmillan‚ pp. 39–59. Albano‚ Gian Luigi and Nicola Dimitri (2008)‚ ‘Basi d’asta nelle gare per gli acquisti pubblici’‚ Rivista
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SAMBALPUR-768020 PHONE : 0663 – 2542973 FAX : O663 – 2542797 EMAIL : gm-enm.mcl@nic.in BHUBANESWARI CHP & SILO 1 CONTENTS Section PART - I Section - 1 Section - 2 Section - 3 Section - 4 Notice Inviting Tender Instruction to Bidders Forms of Bid and Qualification Information Conditions of Contract General Terms and Conditions of Contract Additional Terms and Conditions of Contract General Technical Conditions Erection Conditions of Contract Section - 5 Forms of Bank Guarantees‚ Form of Article
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use of Microsoft Office® programs using outside providers. You are hereby invited to submit a proposal for the project described in this RFP. 1.3 Schedule Event | Date | Release of RFP | August 20‚ 2009 | Proponents give notice of intent to bid | August 24‚ 2009 | End of question period | August 26‚ 2009 | Proposal due date | August 27‚ 2009 | Finalists chosen | August 31‚ 2009 | Finalists present proposal | September 3‚ 2009 | Contract awarded | September 7‚ 2009 | Training Date
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government’s requirements clear so that businesses can submit competitive bids. Request for Proposals (RFPs) are one type of solicitation; with rising competition‚ more and more organizations are using the RFPs to compare different vendors to evaluate the best available option. A solicitation is any request to submit offers or quotations to the Government. Solicitations under sealed bid procedures are called "invitations for bids." Solicitations under negotiated procedures are called "requests for proposals
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