Common use of EVALUATION AND COMPARISON OF BIDS Clause in Contracts

EVALUATION AND COMPARISON OF BIDS. Bid shall be evaluated as per Evaluation Methodology mentioned in Section-II of Tender Document (refer clause 7.0 of ITB). In case of a tie at the lowest bid (L1) position between two or more startup/non- startup bidders, the order/LoA will be placed on the bidder who has higher/ highest turnover in last audited financial year. In case there is a tie at the lowest bid (L1) position between only startup bidders and none of them has past turnover, the order/LoA will be placed on the startup who is registered earlier with Department of Industrial Promotion and Policy.

Appears in 2 contracts

Samples: Letter of Authority, gailtenders.in

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EVALUATION AND COMPARISON OF BIDS. Bid shall be evaluated as per Evaluation Methodology mentioned in Section-II of Tender Document (refer clause 7.0 of ITB). In case of a tie at the lowest bid (L1) position between two or more startup/non- non-startup bidders, the order/LoA will be placed on the bidder who has higher/ highest turnover in last audited financial year. In case there is a tie at the lowest bid (L1) position between only startup bidders and none of them has past turnover, the order/LoA will be placed on the startup who is registered earlier with Department of Industrial Promotion and Policy.

Appears in 1 contract

Samples: gailtenders.in

EVALUATION AND COMPARISON OF BIDS. Bid shall be evaluated as per Evaluation Methodology evaluation criteria mentioned in Section-II of Tender Document (refer clause 7.0 of ITB)bidding documents. In case of a tie at the lowest bid (L1) position between two or more startup/non- startup bidders, the order/LoA will be placed on the bidder who has higher/ highest turnover in last audited financial year. In case there is a tie at the lowest bid (L1) position between only startup bidders and none of them has past turnover, the order/LoA will be placed on the startup who is registered earlier with Department of Industrial Promotion and Policy.

Appears in 1 contract

Samples: Jv Agreement

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EVALUATION AND COMPARISON OF BIDS. Bid shall be evaluated as per Evaluation Methodology evaluation criteria mentioned in Section-II of Tender Document (refer clause 7.0 of ITB)bidding documents. In case of a tie at the lowest bid (L1) position between two or more startup/non- non-startup bidders, the order/LoA will be placed on the bidder who has higher/ highest turnover in last audited financial year. In case there is a tie at the lowest bid (L1) position between only startup bidders and none of them has past turnover, the order/LoA will be placed on the startup who is registered earlier with Department of Industrial Promotion and Policy.

Appears in 1 contract

Samples: gailtenders.in

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