General Terms Governing Bid Solicitation for Services

Do you prepare RFPs and bid solicitations for your organization? Save yourself a lot of time and effort with these template General Terms and Conditions to govern a bid solicitation for services.

These General Terms and Conditions include:

• standards of performance that the winning service provider must attain,
• audit and document retention,
• compensation and payment,
• expenditures not appropriated during the current fiscal year are subject to appropriation in subsequent fiscal year budgets,
• events of default, consequences of a default by the bidder, and remedies available to the organization,
• confidentiality, ownership of confidential information,
• bidder's representations and warranties,
• bidder's indemnification of the organization,
• bidder's obligation to carry insurance, and types and minimum amounts of coverage required.

These generic General Terms Governing Bid Solicitation for Services are provided in MS Word format, and are fully editable to fit your particular circumstances.