Common use of Tender Evaluation Clause in Contracts

Tender Evaluation. The Institute will evaluate the entire tender(s), strictly on the basis of the terms & conditions incorporated in the tender enquiry document and terms, conditions etc. as stipulated by the tenderer(s) in their tender to determine whether these are compliance in all respects, as specified in the tender enquiry document. During the evaluation / scrutiny of the tenders, at any stage, if it is found that any of the tenderer(s) terms and conditions are not in compliance with tender enquiry, Institute may seek the clarification within the specified target time and if the tenderer fails to reply / or not agree / accept the terms and conditions, their tender will be treated as unresponsive and it is liable for rejection. The Institute will evaluate the technical bid. Only those parties will be qualified for financial bid opening whose technical bids are found suitable as per requirement of the tender. If participating manufacturer wishes to supply through their authorized dealer, then manufacturer will provide name of their authorized dealer for supply of Rate Contract items.

Appears in 2 contracts

Sources: Rate Contract, Rate Contract