Lowest Evaluated Tender Clause Samples
The 'Lowest Evaluated Tender' clause establishes that the contract will be awarded to the bidder whose proposal is determined to be the most cost-effective after a comprehensive evaluation. This evaluation typically considers not only the initial price but also factors such as compliance with technical specifications, delivery timelines, and overall value for money. By prioritizing the lowest evaluated offer rather than simply the lowest price, this clause ensures that the selected tender meets all essential requirements while providing the best overall value, thereby promoting fairness and efficiency in the procurement process.
Lowest Evaluated Tender. 38.1 Having compared the evaluated prices of Tenders, the Procuring Entity shall determine the Lowest Evaluated Tender. The Lowest Evaluated Tender is the Tender of the Tenderer that meets the Qualification Criteria and whose Tender has been determined to be:
a) most responsive to the Tender document; and
b) the lowest evaluated price.
Lowest Evaluated Tender. 36.1 Having compared the evaluated prices of Tenders, the Procuring Entity shall determine the Lowest Evaluated Tender. The Lowest Evaluated Tender is the Tender of the Tenderer that meets the Qualification Criteria and whose Tender has been determined to be:
a) most responsive to the Tender document; and
b) the lowest evaluated price. 37. Procuring Entity's Right to Accept Any Tender, and to Reject Any or All Tenders.
37.1 The Procuring Entity reserves the right to accept or reject any Tender, and to annul the Tendering process and reject all Tenders at any time prior to notification Award, without thereby incurring any liability to Tenderers. In case of annulment, all Tenderers shall be notified with reasons and all Tenders submitted and specifically, tender securities, shall be promptly returned to the Tenderers.
Lowest Evaluated Tender. Procuring Entity's Right to Accept Any Tender, and to Reject Any or All Tenders. 31 40. Award Criteria 31 41. Procuring Entity's Right to Vary Quantities at Time of Award ................................... 42. Notice of Intention to enter into a Contract ................................................................. 31 43.Standstill Period .......................................................................................................... 32 44.Debriefing by the Procuring Entity 32 45.Letter of Award 32 46. Signing of Contract ................................................................................................ 32 47. Performance Security 33 48. Publication of Procurement Contract 33 49. Procurement Related Complaints and Administrative Review ................................... 33
Lowest Evaluated Tender. 38.1 Having compared the evaluated prices of Tenders, the County Government of Narok shall determine the Lowest Evaluated Tender. The Lowest Evaluated Tender is the Tender of the Tenderer that meets the Qualification Criteria and whose Tender has been determined to be:
a) most responsive to the Tender document; and
b) the lowest evaluated price.
Lowest Evaluated Tender. 38.1 HavingcomparedtheevaluatedpricesofTenders,The County Government 0f Bungoma, Through The Department of Health And Sanitation shalldeterminetheLowestEvaluatedTender.TheLowestEvaluatedTenderistheTenderoftheTend ererthatmeetstheQualificationCriteriaandwhoseTenderhasbeendeterminedtobe:
a) mostresponsivetotheTenderdocument;and
b) the lowestevaluatedprice.
Lowest Evaluated Tender. 38.1 Having evaluated all requirements and prices of Tenders, MCG shall determine the Lowest Evaluated Tender. Successful Bidders that meets the Qualification Criteria and whose Tender has been determined to be:
a) most responsive to the Tender document; and
b) the lowest evaluated price.