Common use of Conventional Clause in Contracts

Conventional. (Manual) Price Bid opening: In the case of price bid opening without resorting to Reverse Auction, if there are differences between the rates given by the tenderer in words and figures or in amount worked out by him, the following procedure for evaluation and award shall be followed: i) When there is a difference between the rates in figures and in words, the rates which corresponds to the amounts worked out by the contractor, shall be taken as correct ii) When the amount of an item is not worked out by the contractor or it does not correspond with the rate written either in figure or in words, then the rate quoted by the contractor in words shall be taken as correct iii) When the rate quoted by the contractor in figures and words tallies but the amount is not worked out correctly, the rate quoted by the contractor shall be taken as correct and not the amount. iv) In case of lump sum price, if there is any difference between the amount in figures and in words, the amount quoted by the bidder in words shall be taken as correct. v) In case of omission in quoting any rate for one or more items, the evaluation shall be done considering the highest quoted rate obtained against the respective items by other tenderers for the subject tender. If the tenderer becomes L-1, the notional rates for the omission items shall be the lowest rates quoted for the respective items by the other tenderers against the respective omission items for the subject job and the ‘Total quoted price (loaded for omissions)’ shall be arrived at. However, the overall price remaining the same as quoted originally, the rates for all the items in the ‘Total quoted price (loaded for omissions)’ shall be reduced item wise in proportion to the ratio of ‘Original’ total price and the ‘Total quoted price (loaded for omissions)’’. vi) The ‘Final Total Amount’ shall be arrived at after considering the amounts worked out in line with ‘i’ to ‘iv’ above.

Appears in 2 contracts

Sources: Maintenance Contract, Maintenance Contract

Conventional. (Manual) Price Bid opening: In the case of price bid opening without resorting to Reverse Auction, if there are differences between the rates given by the tenderer in words and figures or in amount worked out by him, the following procedure for evaluation and award shall be followed: i) When If, in the price structure quoted for the required goods/services/works, there is discrepancy between the unit price and the total price (which is obtained by multiplying the unit price by the quantity), the unit price shall prevail and the total price corrected accordingly, unless in the opinion of BHEL there is obvious misplacement of decimal point in the unit price, in which case the total price as quoted shall govern and the unit price corrected accordingly ii) If there is an error in a total corresponding to the addition or subtraction of subtotals, the subtotals shall prevail and the total shall be corrected; iii) If there is a difference discrepancy between the rates in figures words and in wordsfigures, the rates which corresponds to the amounts worked out by the contractor, shall be taken as correct ii) When the amount of an item is not worked out by the contractor or it does not correspond with the rate written either in figure or in words, then the rate quoted by the contractor in words shall be taken as correct iii) When prevail, unless the rate quoted by amount expressed in words is related to an arithmetic error, in which case the contractor amount in figures shall prevail subject of (i) and words tallies but the amount is not worked out correctly, the rate quoted by the contractor shall be taken as correct and not the amount(ii) above. iv) If there is such discrepancy in an offer, the same shall be conveyed to the bidder with target date up to which the bidder has to send his acceptance on the above lines and if the bidder does not agree to the decision of BHEL, the bid is liable to be ignored. v) In case of lump sum price, if there is any difference between the amount in figures and in words, the amount quoted by the bidder in words shall be taken as correct. vvi) In case of omission in quoting any rate for one or more items, the evaluation shall be done considering the highest quoted rate obtained against the respective items by other tenderers for the subject tender. If the tenderer becomes L-1, the notional rates for the omission items shall be the lowest rates quoted for the respective items by the other tenderers against the respective omission items for the subject job and the ‘Total quoted price (loaded for omissions)’ shall be arrived at. However, However the overall price remaining the same as quoted originally, the rates for all the items in the ‘Total quoted price (loaded for omissions)’ shall be reduced item wise in proportion to the ratio of ‘Original’ total price and the ‘Total quoted price (loaded for omissions)’’. vi) The ‘Final Total Amount’ shall be arrived at after considering the amounts worked out in line with ‘i’ to ‘iv’ above.

Appears in 1 contract

Sources: Rate Contract