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

• Tender No.:- NIT name : - 'We have read the clause regarding restrictions on procurement from a bidder of a country which shares a land border with India; and solemnly certify that we are not from such a county or, if from such a country, we are registered with the Competent Authority (copy enclosed).

• AIIMS, Jodhpur shall have the right to inspect and / or to test the goods to check their conformity to the NIT Specifications at no extra cost to the AIIMS, Jodhpur.

• I/We also certify that the information given in bid is true and correct in all aspects and in any case at a later date it is found that any details provided are false and incorrect, any contract given to the concern firm or participation may be summarily terminated at any stage, the firm will be blacklisted and Institute may imposed any action as per NIT rules S.

• If successful tenderer fails to supply material within the stipulated delivery date or material supplied other than specification specified in our NIT, AIIMS, Jodhpur reserves the right to Terminate the Contract for that item(s), Forfeiture of Security Deposit and to procure the same or equivalent material from alternative sources at the vendor's risk, responsibility and cost.

• AIIMS, Jodhpur shall have the right to inspect and/or to test the goods to confirm their conformity to the NIT Specifications at no extra cost to the AIIMS, Jodhpur.

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 Notice Inviting Tender which contains about the Schedule & other important detail regarding bidding.