Common use of BID EVALUATION Clause in Contracts

BID EVALUATION. 16.2.1 The Bids shall be evaluated based on the eligibility & qualification criteria mentioned in clauses 3, 10 and 16 of ITB. In case a Bidder fails to meet the above-mentioned eligibility & qualification criteria, their bids shall be treated as non- responsive and financial bids of such Bidders shall not be opened. 16.2.2 A substantially responsive bid is one that conforms to all the terms, conditions, and specifications of the tender document without material deviation or reservation. A material deviation or reservation is one: (a) that affects in any substantial way the scope, quality, or performance of the Works; (b) that limits in any substantial way, inconsistent with the tender document, the Employer’s rights or the Bidder’s obligations under the contract; or (c) whose rectification would affect unfairly the competitive position of other Bidders presenting substantially responsive bids. Further, a bid will not be considered substantially responsive if the Bidder has not offered to undertake all the items of the work as listed in Bill of Quantity (BoQ) of Section V of the tender document. 16.2.3 The estimated effect of price adjustment (if any) provisions of the Conditions of Contract, applied over the period of execution of the Contract, shall not be taken into account while evaluating bids. 16.2.4 The lowest priced bidder i.e. L-1 shall be chosen for the award of the work based on the grand total amount quoted by the Bidders in BoQ of Section V. 16.2.5 If the bid, which results in the lowest Evaluated Bid Price, is seriously unbalanced or front loaded as compared to the estimate of the items of work to be performed under the Contract, the Bidder shall be asked to produce detailed price analysis for any or all items of the BoQ, to demonstrate the internal consistency of those prices with the supply & service methods and operating methodology proposed. After evaluation of the price analysis, taking into consideration the schedule of estimated Contract payments, price may be negotiated with the lowest Bidder to remove the imbalance, make an appropriate adjustment on sound technical and/or financial ground for any quantifiable, acceptable aspects and thereby bring the prices to justified level sufficient to protect the Employer’s interest, before taking a decision on the bid 16.2.6 If during the execution of the works, deviation / variation takes place to the extent of amount exceeding more than 20% of the accepted contract value, the Contractor at the written request of Engineer-In-Charge (EIC), shall promptly increase the value of the Performance Bank Guarantee.

Appears in 1 contract

Sources: Tender for Procurement of FRP Boats

BID EVALUATION. 16.2.1 The Bids shall be evaluated based on the eligibility & qualification criteria mentioned in clauses 3, 10 and clause 3 & 16 of ITB. In case a Bidder fails to meet the above-above mentioned eligibility & qualification criteria, their bids shall be treated as non- responsive and financial bids of such Bidders bidders shall not be opened. 16.2.2 A substantially responsive bid is one that conforms to all the terms, conditions, and specifications of the tender document without material deviation or reservation. A material deviation or reservation is one: (a) a. that affects in any substantial way the scope, quality, or performance of the Works; (b) b. that limits in any substantial way, inconsistent with the tender document, the Employer’s rights or the Bidderbidder’s obligations under the contract; or (c) c. whose rectification would affect unfairly the competitive position of other Bidders bidders presenting substantially responsive bids. Further, a bid will not be considered substantially responsive if the Bidder bidder has not offered to undertake all the items of the work as listed in Bill of Quantity (BoQ) of Section V of the tender document. 16.2.3 The estimated effect of price adjustment (if any) provisions of the Conditions of Contract, applied over the period of execution of the Contract, shall not be taken into account while evaluating bids. 16.2.4 The lowest priced bidder i.e. i.e., L-1 shall be chosen for the award of the work based on the grand total amount quoted by the Bidders in BoQ of Section V. 16.2.5 If the bid, which results in the lowest Evaluated Bid Price, is seriously unbalanced or front loaded as compared to the estimate of the items of work to be performed under the Contract, the Bidder shall be asked to produce detailed price analysis for any or all items of the BoQ, to demonstrate the internal consistency of those prices with the supply & service methods and operating methodology proposed. After evaluation of the price analysis, taking into consideration the schedule of estimated Contract payments, price may be negotiated with the lowest Bidder to remove the imbalance, make an appropriate adjustment on sound technical and/or financial ground for any quantifiable, acceptable aspects and thereby bring the prices to justified level sufficient to protect the Employer’s interest, before taking a decision on the bid 16.2.6 If during the execution of the works, deviation / variation takes place to the extent of amount exceeding more than 20% of the accepted contract value, the Contractor at the written request of Engineer-In-Charge (EIC), shall promptly increase the value of the Performance Bank Guarantee.

Appears in 1 contract

Sources: Tender Agreement

BID EVALUATION. 16.2.1 The Bids shall be evaluated based on the eligibility & qualification criteria mentioned in clauses 3, 10 and 16 of ITB. In case a Bidder fails to meet the above-above mentioned eligibility & qualification criteria, their bids shall be treated as non- responsive and financial bids of such Bidders shall not be opened. 16.2.2 A substantially responsive bid is one that conforms to all the terms, conditions, and specifications of the tender document without material deviation or reservation. A material deviation or reservation is one: (a) that affects in any substantial way the scope, quality, or performance of the Works; (b) that limits in any substantial way, inconsistent with the tender document, the Employer’s rights or the Bidder’s obligations under the contract; or (c) whose rectification would affect unfairly the competitive position of other Bidders presenting substantially responsive bids. Further, a bid will not be considered substantially responsive if the Bidder has not offered to undertake all the items of the work as listed in Bill of Quantity (BoQ) of Section V of the tender document. 16.2.3 The estimated effect of price adjustment (if any) provisions of the Conditions of Contract, applied over the period of execution of the Contract, shall not be taken into account while evaluating bids. 16.2.4 The lowest priced bidder i.e. L-1 shall be chosen for the award of the work based on the grand total amount quoted by the Bidders in BoQ of Section V. 16.2.5 If the bid, which results in the lowest Evaluated Bid Price, is seriously unbalanced or front loaded as compared to the estimate of the items of work to be performed under the Contract, the Bidder shall be asked to produce detailed price analysis for any or all items of the BoQ, to demonstrate the internal consistency of those prices with the supply & service methods and operating methodology proposed. After evaluation of the price analysis, taking into consideration the schedule of estimated Contract payments, price may be negotiated with the lowest Bidder to remove the imbalance, make an appropriate adjustment on sound technical and/or financial ground for any quantifiable, acceptable aspects and thereby bring the prices to justified level sufficient to protect the Employer’s interest, before taking a decision on the bid 16.2.6 If during the execution of the works, deviation / variation takes place to the extent of amount exceeding more than 20% of the accepted contract value, the Contractor at the written request of Engineer-In-Charge (EIC), shall promptly increase the value of the Performance Bank Guarantee.

Appears in 1 contract

Sources: Tender for Procurement

BID EVALUATION. 16.2.1 The Bids shall be evaluated based on the eligibility & qualification criteria mentioned in clauses 3, 10 and 16 of ITB. In case a Bidder fails to meet the above-above mentioned eligibility & qualification criteria, their bids shall be treated as non- responsive and financial bids of such Bidders shall not be opened. 16.2.2 A substantially responsive bid is one that conforms to all the terms, conditions, and specifications of the tender document without material deviation or reservation. A material deviation or reservation is one: (a) that affects in any substantial way the scope, quality, or performance of the Works; (b) that limits in any substantial way, inconsistent with the tender document, the Employer’s rights or the Bidder’s obligations under the contract; or (c) whose rectification would affect unfairly the competitive position of other Bidders presenting substantially responsive bids. Further, a bid will not be considered substantially responsive if the Bidder has not offered to undertake all the items of the work as listed in Bill of Quantity (BoQ) of Section V of the tender document. 16.2.3 The estimated effect of price adjustment (if any) provisions of the Conditions of Contract, applied over the period of execution of the Contract, shall not be taken into account while evaluating bids. 16.2.4 The lowest priced bidder i.e. L-1 shall be chosen for the award of the work based on the grand total amount quoted by the Bidders in BoQ of Section V. 16.2.5 If the bid, which results in the lowest Evaluated Bid Price, is seriously unbalanced or front loaded as compared to the estimate of the items of work to be performed under the Contract, the Bidder shall be asked to produce detailed price analysis for any or all items of the BoQ, to demonstrate the internal consistency of those prices with the supply & service methods and operating methodology proposed. After evaluation of the price analysis, taking into consideration the schedule of estimated Contract payments, price may be negotiated with the lowest Bidder to remove the imbalance, make an appropriate adjustment on sound technical and/or financial ground for any quantifiable, acceptable aspects and thereby bring the prices to justified level sufficient to protect the Employer’s interest, before taking a decision on the bid 16.2.6 If during the execution of the works, deviation / variation takes place to the extent of amount exceeding more than 20% of the accepted contract value, the Contractor at the written request of Engineer-In-Charge (EIC), shall promptly increase the value of the Performance Bank Guarantee.

Appears in 1 contract

Sources: Comprehensive Annual Maintenance Contract (Camc)

BID EVALUATION. 16.2.1 The Bids shall be evaluated based on the eligibility & qualification criteria mentioned in clauses 3, 10 and clause 3 & 16 of ITB. In case a Bidder fails to meet the above-mentioned eligibility & qualification criteria, their bids shall be treated as non- responsive and financial bids of such Bidders shall not be opened. 16.2.2 A substantially responsive bid is one that conforms to all the terms, conditions, and specifications of the tender document without material deviation or reservation. A material deviation or reservation is one: (a) that affects in any substantial way the scope, quality, or performance of the Works; (b) that limits in any substantial way, inconsistent with the tender document, the EmployerAuthority’s rights or the Bidderbidder’s obligations under the contract; or (c) whose rectification would affect unfairly the competitive position of other Bidders presenting substantially responsive bids. Further, a bid will not be considered substantially responsive if the Bidder has not offered to undertake all the items of the work as listed in Bill of Quantity (BoQ) of Section V of the tender document. 16.2.3 The estimated effect of price adjustment (if any) provisions of the Conditions of Contract, applied over the period of execution of the Contract, shall not be taken into account while evaluating bids. 16.2.4 The lowest priced bidder i.e. L-1 shall be chosen for the award of the work based on the grand total amount quoted by the Bidders in BoQ of Section V. 16.2.5 If the bid, which results in the lowest Evaluated Bid Price, is seriously unbalanced or front loaded as compared to the estimate of the items of work to be performed under the Contract, the Bidder shall be asked to produce detailed price analysis for any or all items of the BoQ, to demonstrate the internal consistency of those prices with the supply & service construction methods and operating methodology proposed. After evaluation of the price analysis, taking into consideration the schedule of estimated Contract payments, price may be negotiated with the lowest Bidder to remove the imbalance, make an appropriate adjustment on sound technical and/or financial ground for any quantifiable, acceptable aspects and thereby bring the prices to justified level sufficient to protect the Employer’s interest, before taking a decision on the bid 16.2.6 If during the execution of the works, deviation / variation takes place to the extent of amount exceeding more than 20% of the accepted contract value, the Contractor at the written request of Engineer-In-Charge (EIC), shall promptly increase the value of the Performance Bank Guarantee.

Appears in 1 contract

Sources: Tender Agreement

BID EVALUATION. 16.2.1 The Bids shall be evaluated based on the eligibility & qualification criteria mentioned in clauses 3, 10 and 16 of ITBabove. In case a Bidder bidder fails to meet the above-above mentioned eligibility & qualification criteria, their bids shall be treated as non- responsive and financial bids of such Bidders bidders shall not be opened. 16.2.2 A substantially responsive bid is one that conforms to all the terms, conditions, and specifications of the tender bidding document without material deviation or reservation. A material deviation or reservation is one: (a) that affects in any substantial way the scope, quality, or performance of the Works; (b) that limits in any substantial way, inconsistent with the tender documentbidding documents, the Employer’s rights or the Bidderbidder’s obligations under the contract; or (c) whose rectification would affect unfairly the competitive position of other Bidders bidders presenting substantially responsive bids. Further, a bid will not be considered substantially responsive if the Bidder bidder has not offered to undertake all the items of the work as listed in Bill of Quantity no. (BoQ) -1 to 3 of Section section V of the tender bid document. 16.2.3 The estimated effect of the price adjustment (if any) provisions of the Conditions of Contract, applied over the period of execution of the Contract, shall not be taken into account while evaluating bids. 16.2.4 The lowest priced bidder i.e. L-1 shall be chosen separately for the award of the work 3 Stretches based on the grand total amount quoted by the Bidders bidders in each BoQ (1 to 3) of Section V. For avoidance of doubt it is clarified that bidder who has quoted the lowest for the Stretch in BoQ 1 shall be considered for award of Section V.that Stretch. Similarly for Stretch 2 and Stretch 3, the bidder with lowest quote in BoQ 2 and BoQ 3 respectively, shall be considered for award of those Stretches. In case a bidder’s quote, for all the Stretches’ put together i.e. aggregate sum of all the BoQ’s, turns out to be the lowest though the bidder is not L-1 in individual BoQ, then in such case also the methodology stipulated above shall be adopted and such bidder shall not be considered for award of work. 16.2.5 If the bid, which results in the lowest Evaluated Bid Price, is seriously unbalanced or front loaded as compared to the estimate of the items of work to be performed under the Contract, the Bidder bidder shall be asked to produce detailed price analysis analyses for any or all items of the BoQBill of Quantities, to demonstrate the internal consistency of those prices with the supply & service construction methods and operating methodology proposed. After evaluation of the price analysis, taking into consideration the schedule of estimated Contract payments, price may be negotiated with the lowest Bidder bidder to remove the imbalance, make an appropriate adjustment on sound technical and/or financial ground for any quantifiable, acceptable aspects and thereby bring the prices to justified level sufficient to protect the Employer’s interest, before taking a decision on the bid 16.2.6 If during the execution of the works, deviation / variation takes place to the extent of amount exceeding more than 20% of the accepted contract value, the Contractor at the written request of Engineer-In-Charge (EIC), shall promptly increase the value of the Performance Bank Guarantee.

Appears in 1 contract

Sources: Tender for Dredging and Maintenance Services

BID EVALUATION. 16.2.1 16.2.1. The Bids shall be evaluated based on the eligibility & qualification criteria mentioned in clauses 3, 10 and 16 of ITB. In case a Bidder fails to meet the above-mentioned eligibility & qualification criteria, their bids shall be treated as non- responsive and financial bids of such Bidders shall not be opened. 16.2.2 16.2.2. A substantially responsive bid is one that conforms to all the terms, conditions, and specifications of the tender document without material deviation or reservation. A material deviation or reservation is one: (a) that affects in any substantial way the scope, quality, or performance of the Works; (b) that limits in any substantial way, inconsistent with the tender document, the Employer’s rights or the Bidder’s obligations under the contract; or (c) whose rectification would affect unfairly the competitive position of other Bidders presenting substantially responsive bids. Further, a bid will not be considered substantially responsive if the Bidder has not offered to undertake all the items of the work as listed in Bill of Quantity (BoQ) of Section Section-V of the tender document. 16.2.3 16.2.3. The estimated effect of price adjustment (if any) provisions of the Conditions of Contract, applied over the period of execution of the Contract, shall not be taken into account while evaluating bids. 16.2.4 16.2.4. The lowest priced bidder i.e. L-1 shall be chosen for the award of the work based on the grand total amount quoted by the Bidders in BoQ of Section Section-V. 16.2.5 16.2.5. If the bid, which results in the lowest Evaluated Bid Price, is seriously unbalanced or front loaded as compared to the estimate of the items of work to be performed under the Contract, the Bidder shall be asked to produce detailed price analysis for any or all items of the BoQ, to demonstrate the internal consistency of those prices with the supply & service methods and operating methodology proposed. After evaluation of the price analysis, taking into consideration the schedule of estimated Contract payments, price may be negotiated with the lowest Bidder to remove the imbalance, make an appropriate adjustment on sound technical and/or financial ground for any quantifiable, acceptable aspects and thereby bring the prices to justified level sufficient to protect the Employer’s interest, before taking a decision on the bid. 16.2.6 16.2.6. If during the execution of the works, deviation / variation takes place to the extent of amount exceeding more than 20% of the accepted contract value, the Contractor at the written request of Engineer-In-Charge (EIC), shall promptly increase the value of the Performance Bank Guarantee.

Appears in 1 contract

Sources: Tender Agreement