Common use of Abnormally High Tenders Clause in Contracts

Abnormally High Tenders. An abnormally high price is one where the tender price, in combination with other constituent elements of the Tender, appears unreasonably too high to the extent that the Procuring Entity is concerned that it (the Procuring Entity) may not be getting value for money or it may be paying too high a price for the contract compared with market prices or that genuine competition between Tenderers is compromised.

Appears in 21 contracts

Samples: Framework Agreement, Framework Agreement for Provision of Motor Vehicle and Motor Cycles Repair and Maintenance Services, Framework Contract for the Supply of Petroleum Products

AutoNDA by SimpleDocs

Abnormally High Tenders. An abnormally high tender price is one where the tender price, in combination with other constituent elements of the Tender, appears unreasonably too high to the extent that the Procuring Entity is concerned that it (the Procuring Entity) may not be getting value for money or it may be paying too high a price for the contract compared with market prices or that genuine competition between Tenderers is compromised.

Appears in 14 contracts

Samples: Framework Agreement, Framework Provision Agreement, Framework Agreement

Abnormally High Tenders. An abnormally high price is one where the tender price, in combination with other constituent elements of Page 17 of 112 the Tender, appears unreasonably too high to the extent that the Procuring Entity KPRL is concerned that it (the Procuring Entity) may not be getting value for money or it may be paying too high a price for the contract compared with market prices or that genuine competition between Tenderers is compromised.

Appears in 2 contracts

Samples: Framework Agreement for Provision of Catering Services, Framework Agreement for Provision of Catering Services

Abnormally High Tenders. An abnormally high price is one where the tender price, in combination with other constituent elements of the Tender, appears unreasonably too high to the extent that the Procuring Entity KPRL is concerned that it (the Procuring Entity) may not be getting value for money or it may be paying too high a price for the contract compared with Page 17 of 106 market prices or that genuine competition between Tenderers is compromised.

Appears in 1 contract

Samples: Framework Contract for Provision of Air Ticketing Services

AutoNDA by SimpleDocs

Abnormally High Tenders. An 1An abnormally high price is one where the tender price, in combination with other constituent elements of the Tender, appears unreasonably too high to the extent that the Procuring Entity is concerned that it (the Procuring Entity) may not be getting value for money or it may be paying too high a price for the contract compared with market prices or that genuine competition between Tenderers is compromised.

Appears in 1 contract

Samples: Tender Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!