Declaration of Non-Disclosure for Bid Number

When you use the Government e-Marketplace, you need to fill out a Declaration for Non-Disclosure of Bid Number. This is to protect private information and keep it safe.

“A Declaration of Non-Disclosure for a bid number ensures the confidentiality of sensitive information during the procurement process. It protects pricing strategies, technical details, and other private data, builds trust, ensures compliance with legal requirements, and maintains a fair and transparent bidding environment.”

The good things about the Bid Number Declaration of Non-Disclosure are:

1. Keeps information private:

Price, technical information, and secret methods given during the selling process are kept private. Effect Private information doesn’t get into the wrong hands or get used in a bad way, which is good for everyone.

2. Makes people more likely to trust you:

This is helpful because it shows that your company is serious about keeping the information from the procurement group a secret. It makes you look better and builds trust with the other bidders by showing that you are a reliable and honest buyer.

3. Going along with the rules: 

Pros: It makes sure that the rules set by law and government about how to handle private information are followed. Effect It lowers the chance of getting in trouble with the law or being fined for sharing or mishandling private information.

5. It makes transparent bidding easier.

This is a good thing because it makes it easy to handle and keep private information safe during the buying process. This is an effect: it makes the bidding process more open and fair and makes sure that all buyers’ information is protected the same amount.

What a Declaration of Non-Disclosure Is For

To keep private information safe, it makes sure that any private information shared during the buying process stays private. In this case, it stops competitors from seeing your price strategy, technical solutions, or other private information. Making sure you follow the privacy rules:

Use: Deals with and safeguards private data in a way that follows the rules of a contract or the law. As an example, to keep data safe and private, follow the rules set by the buying authority or regulatory groups. Because other bids can’t get their hands on private information, it keeps your business ahead of the competition.

Makes it easy to bid in a clear way:

One good thing about it is that it makes it easy to handle and protect private data while checking out. Because of this, the buying process is more open and fair, and all bidders’ information is kept safe to the same level.

Why You Would Use a Declaration of Non-Disclosure: –

To protect private information: This makes sure that any private information shared during the buying process stays private. In this case, it stops competitors from seeing your price strategy, technical solutions, or other private information. It is important to follow the privacy rules: Use: Takes care of and safeguards private data in a way that is legal or required by contract; As an example, to keep data safe and private, follow the rules set by the buying authority or regulatory groups.

  • an official promise not to tell anyone: • Use: This is a legal contract that says you will not share private information with anyone else.

Take this example: It tells both sides exactly what they need to do to handle private information.

Getting bids to be more honest:
  • Use: All bids are kept hidden at the same level, which makes the bidding process fair and clear.
  • For instance, it makes sure that everyone has the same chances to win and that no one gets an unfair advantage by knowing private details.
  • Getting the purchasing power to trust you: • Use: This shows that your company will keep the information given by the procuring body secret.
  • For instance, showing the procurement department that you care about and will protect their private information will make your relationship with them better.

Declaration of Non-Disclosure for Bid Number

Date: [Insert Date]

To,

The Procurement Officer,
[Name of the Procuring Organization],
[Address of the Procuring Organization],
[City, State, PIN Code].

Subject: Declaration of Non-Disclosure for Bid Number [Bid Number]

Dear Sir/Madam,

We, [Your Company Name], with our registered office at [Your Company Address], hereby submit this declaration concerning the non-disclosure of information related to Bid Number [Bid Number].

Declaration

  1. Non-Disclosure Commitment: We declare that we will maintain the confidentiality of all information and documents pertaining to this bid process. This includes, but is not limited to:
    • All technical, financial, and proprietary information.
    • Any communication and documentation related to the tendering process.
  1. Obligations: We undertake to:
    • Ensure that no information related to the bid will be disclosed to any unauthorized person or entity.
    • Implement adequate measures to safeguard sensitive information from unauthorized access or disclosure.
  1. Regulatory Compliance: This declaration is made in accordance with:
    • General Financial Rules (GFR) 2017, specifically Rule 173 which mandates confidentiality and non-disclosure in public procurement processes.
    • Manual of Procurement of Goods, which outlines the requirements for maintaining confidentiality in procurement activities.
    • Central Vigilance Commission (CVC) Guidelines, which address issues related to transparency and confidentiality in the procurement process.
  1. Acknowledgment: We acknowledge that any breach of this non-disclosure obligation could result in disqualification from the tender and legal actions as per applicable regulations and guidelines.

We assure you of our adherence to the non-disclosure obligations and look forward to your favorable consideration of our bid.

Thank you for your attention.

Yours faithfully,

[Signature]
[Name of the Authorized Signatory]
[Designation]
[Your Company Name]
[Contact Number]
[Email Address]

Conclusion

Declaration of Not Giving Away Bid Number [Bid Number]: This statement protects the private information shared during the buying process by promising not to share, giving formal notice, and telling people how to return or delete information. Building trust, making sure rules are followed, and protecting competitive advantages are all helped by keeping information secret and supporting open bidding.

Leave a comment

Your email address will not be published. Required fields are marked *