District of Columbia General Form of Letter Tendering Property in Satisfaction of Agreement

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Multi-State
Control #:
US-01271BG
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Word; 
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Description

An obligor is someone bound to perform an act or deed, such as paying money on a promissory note or delivering property pursuant to a contract. An obligee is someone owed an act or deed, such as paying money on a promissory note or delivering property pursuant to a contract. Tender of delivery may be made to someone, but the recipient has the option not to accept the tender if it is not in compliance with the agreement between the parties.

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FAQ

Basically, a short tender is an offer to sell more stock than one owns; the person making the short tender is trying to pay the purchase price of the stock in the offer (which is usually at a premium to the market price) with borrowed shares.

These documents usually contain the following:1 Instructions to Tenderers (ITT) Show.2 Specification Show.3 Evaluation Criteria Show.4 Terms and Conditions of the contract Show.5 Policies Show.6 Form of Tender Show.7 Pricing/Costing Schedule Show.8 Confidentiality Document Show.More items...

A tender is an invitation to bid for a project or accept a formal offer such as a takeover bid. Tendering usually refers to the process whereby governments and financial institutions invite bids for large projects that must be submitted within a finite deadline.

The form of tender is a covering document prepared by the institution and signed by the tenderer to indicate that it understands the tender and accepts the various terms and conditions and other requirements of participating in the exercise.

Elements of a Tender Cover LetterA short introduction thanking the organisation for inviting your company to tender.A unique reason why you should be given the job.A commitment statement to making the contract a success.An administrative note on some aspect of the tender can be included.

Writing a Notice of TenderA complete and accurate description of the services and goods you want to obtain.Requirements and conditions of tender must be written.You must provide the criteria on which the submitted tenders are evaluated.Format of presenting tender notice.More items...

Tender is to unconditionally offer money or performance to meet an obligation. The term most commonly arises in the context of the contractual sale of goods.

Elements of a Tender Cover LetterA short introduction thanking the organisation for inviting your company to tender.A unique reason why you should be given the job.A commitment statement to making the contract a success.An administrative note on some aspect of the tender can be included.

TEMPLATERef:................To.(Office Address)(Email Id)Kind Attn: (Name of the Officer), (Designation)Sub.: Our bid/offer submission for the.................Dear Sir/Madam,We are herewith submitting our Bid documents against the Tender floated by your organization bearing no...........More items...

I/We have deposited/depositing herewith the requisite Earnest Money Deposit (EMD) as per details furnished in the Check List. I/We, hereby certify that all the information and data furnished by me with regard to the above Tender Specification are true and complete to the best of my knowledge.

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District of Columbia General Form of Letter Tendering Property in Satisfaction of Agreement