Common use of Acceptance of Tender Clause in Contracts

Acceptance of Tender. L1 bidder will be decided on the basis of technical and price bid evaluation for the overall work after satisfying each sub -category. Lowest valid rate should normally be accepted. However, the Tender Accepting Authority does not bind himself to do so and reserves the right to reject any or all the tenders, for valid reasons.

Acceptance of Tender. L1 bidder will be decided on the basis of technical and price bid evaluation for the overall work after satisfying each sub -categorysub-category. Lowest valid rate should normally be accepted. However, the Tender Accepting Authority does not bind himself to do so and reserves the right to reject any or all the tenders, for valid reasons.