Common use of Bid Price Clause in Contracts

Bid Price. 7.1 The Bidder shall indicate the Price Schedule as per the format (Annexure-II). Bidders shall quote for the complete works on a single responsibility basis, failing which such bids will not be taken into account for the evaluation and will not be considered for award. 7.2 Prices indicated on the Price Schedule shall be entered separately in the following manner: a) All duties, taxes and other levies, transportation charges payable by the bidder under the contract shall also be included in the total price separately. b) The rates quoted by the bidder shall be fixed for the duration of the contract and shall not be subject to adjustment on any account. A quotation submitted with an adjustable price will be treated as non-responsive. c) The Prices shall be quoted in Indian Rupees only.

Bid Price. 7.1 The Bidder shall indicate the Price Schedule as per the format (Annexure-II). Bidders shall quote for the complete works on a single responsibility basis, failing which such bids will not be taken into account for the evaluation and will not be considered for award. 7.2 Prices indicated on the Price Schedule shall be entered separately in the following manner: a) All duties, taxes and other levies, transportation charges levies payable by the bidder under the contract shall also be included in the total price separately. b) The rates quoted by the bidder shall be fixed for the duration of the contract and shall not be subject to adjustment on any account. A quotation submitted with an adjustable price will be treated as non-responsive. c) The Prices shall be quoted in Indian Rupees only.