BID OPENING AND EVALUATION. 25 BID OPENING
BID OPENING AND EVALUATION. Notes to Clause 23 of ITB - Bid Opening
BID OPENING AND EVALUATION. 4.1 The Bid opening and bid evaluation shall be carried out by the employer as per Clauses contained in E. Bid opening and evaluation, Section: Instruction to Bidders.
BID OPENING AND EVALUATION. Bids will be open in Online Mode (As per instruction in Section-I).
BID OPENING AND EVALUATION. 23. Bid Opening
BID OPENING AND EVALUATION. Bids shall be opened immediately after the deadline for submission of bids and in public. The time and place for bid opening shall be announced in the bidding documents. Evaluation of bids shall be made in strict adherence to the bid evaluation criteria, expressed in quantifiable terms and disclosed in the bidding documents. The contracts shall be awarded to qualified bidders having submitted the lowest evaluated substantially responsive bid. The bidder recommended for award of contract shall be required to comply with minimum experience and technical and financial requirements disclosed in the bidding documents. Negotiations shall not be allowed with lowest evaluated bidder or any other bidder.
BID OPENING AND EVALUATION. 1.1.1 The Institute will open the online bids received upto last date & time of submission of bid in the presence of the bidders/ bidders’ representatives who choose to attend at the time, date and place specified in the TENDER. In the event of the specified date for the submission of bids being declared a holiday for the Institute, the Bids will be opened at the specified time and location on the next working day.
BID OPENING AND EVALUATION. In the event of the specified date of bid opening being declared a holiday for purchaser, the bids shall be opened at the specified time and place on next working day. In the first stage, only TECHNICAL BID will be opened and evaluated. Those bidders satisfying the technical requirements as determined and accepting the terms and conditions of this document shall be short-listed. In the second stage, the FINANCIAL BID of only those bidders, whose technical bids are short-listed, will be opened. Technically qualified Bidder, who quotes the lowest rate, shall be treated as L1 and the same (L1) will be awarded the contract. The Purchaser reserves the right to accept or reject any bid (at any stage) submitted by the bidder without assigning any reason thereof. Decision of the Purchaser in this regard shall be final and binding on all the bidders.
BID OPENING AND EVALUATION. E1 Bid Opening
BID OPENING AND EVALUATION. 11.2 Single envelope will be opened and Bid will be evaluated as per cost and specification mentioned in the Bidding Documment.
