NIT definition

NIT means Notice Inviting Tenders.

NIT means Notice Inviting e-Tender

NIT means Notice Inviting Tender. The word “Notice Inviting Tenders” is synonymous with “Notice Inviting Bids”.

Examples of NIT in a sentence

• In accordance with Notice Inviting Tender (NIT) No. Dated _ _ for the work of (herein after referred to as “the said Works”) for Rs. (Rupees _ only), under (MK unit/Chavara unit/OSCOM unit/RED unit/Corporate Office) of M/s IREL (India) Limited, a company incorporated under Indian Companies Act, having its registered office at Plot No.1207, ECIL building, Opp.

• We the Bank (hereinafter called the said Bank) do hereby undertake to pay to IREL, the sum of Rs. _ (Rupees _ only) by reason of the said tenderer’s failure to enter into an agreement of contract on intimation of acceptance of his tender and/or to commence the contract works and/or failure to deposit the security deposit within the stipulated period as per the terms and conditions relating to and/or governing the contract and/or specified in the Notice Inviting Tender (NIT).

More Definitions of NIT

NIT means Notice for Inviting Tender.

NIT. (Section-1 of the DTCN) means the Letter of Invitation being sent by the Employer.

NIT means the notice inviting e-tender that is being sent by the Employer to the bidders.

NIT means Notice Inviting Tenders."NSIC"means National small industries corporation"PQB"means Pre qualification bidding"PSU"means Public Sector Undertaking"PVC"means Price variation clause"RC"means Rate contract"RR or R/R"means Railway Receipt"SBD" or "T D"means Standard Bid Document / Tender Document"SCC"means Special Conditions ofContract"SIT"means Special Instructions toTenderers"BRBNMPL"means Bharatiya Reserve BankNote Mudran Private Limited"SS I"means Small Scale Industry"ST"means Sales Tax"VAT"means Value Added Tax

NIT meanss Notice Inviting Tender

NIT means and/or include enquiry for the performance of service or services in connection with the activities of “MULTIMODAL TRANSPORTATION AGENCY FOR COASTAL MOVEMENT OF RINL STEEL PRODUCTS FROM ITS PLANT TO VSP STOCKYARDS AT KOCHI, MUMBAI & AHMEDABAD ON END TO END LOGISTICS BASIS”.

NIT means a measurement equivalent to the power emitted by a digital display screen in a particular direction, as perceived by the human eye, per square metre.