FREAK LOW QUOTES. 22.1. Bid is considered as Freak Low, If the rates quoted are less than MDL estimates by 40% or so and if the difference in rate between L1 and L2 (i.e. (L2- L1)*100/L1) is 30% or more with reference toL1.
Appears in 2 contracts
Samples: Service Level Agreement, Additional Service Level Agreement
FREAK LOW QUOTES. 22.1. Bid is considered as Freak Low, If the rates quoted are less than MDL estimates by 40% or so and if the difference in rate between L1 and L2 (i.e. (L2- L1)*100L2-L1) *100/L1) is 30% or more with reference toL1to L1.
Appears in 2 contracts
FREAK LOW QUOTES. 22.1. Bid is considered as Freak Low, If the rates quoted are less than MDL estimates by 40% or so and if the difference in rate between L1 and L2 (i.e. (L2- L2-L1)*100/L1) is 30% or more with reference toL1. then the contract shall be placed only after conducting a meeting with L1 bidder to ascertain whether the quoted prices are “workable”.
Appears in 1 contract
Samples: mazagondock.in
FREAK LOW QUOTES. 22.123.1. Bid is considered as Freak Low, If the rates quoted are less than MDL estimates estim ates by 40% or so and if the difference in rate between L1 and L2 (i.e. (L2- L1)*100/L1) is 30% or more with reference toL1to L1.
Appears in 1 contract
Samples: mazagondock.in
FREAK LOW QUOTES. 22.123.1. Bid is considered as Freak Low, If the rates quoted are less than MDL estimates by 40% or so and if the difference in rate between L1 and L2 (i.e. (L2- L1)*100/L1) is 30% or more with reference toL1to L1.
Appears in 1 contract
Samples: Additional Service Level Agreement
