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in the previous videos of procurement management we learned about contract and contract process we also learned about different types of contract in this lecture we will learn what the different bid documents are and some terms used in bidding such as statement of work beta conference and letter of intent etc [Music] [Music] so first of all what are the bit documents bit documents are used to specify the buyer needs to the seller there are basically four types of bid documents request for information request for quotation request for proposal and invitation for the bid request for information these are used to identify which sellers avengers are able to meet the expectations of the buyer it checks the capabilities of the seller these documents are basically used in the new projects when the sellers in the market are not identified now one thing of prime concern is this document can be used just for getting the information not to sell or buy we have second type of a bid document request
