Common use of BID PRICES Clause in Contracts

BID PRICES. i. The bidder shall indicate on the appropriate Price Schedule the discount rate on retail price of all medicines/disposable items it proposes to supply under the Contract. ii. Form of price Schedule is to be filled in very carefully, preferably typed. Any alteration /correction must be initialed. Every page is to be signed and stamped at the bottom. Serial number of the quoted item may be marked with red / yellow marker. iii. The bidder should quote the discount prices of goods according to the strength / technical specifications as provided in the Form of Price Schedule and Technical Specifications. The specifications of goods, different from the demand of bid enquiry, shall straightway be rejected. iv. The bidder is required to offer competitive discount price. All discount prices must include the General Sales Tax (GST) and other taxes and duties, where applicable. If there is no mention of taxes, the offered / quoted price shall be considered as inclusive of all prevailing taxes/duties. The benefit of exemption from or reduction in the GST or other taxes shall be passed on to the Procuring Agency. v. Prices offered should be for the entire quantity demanded; partial quantity offers shall straightaway be rejected. Conditional offer shall also be considered as non-responsive bidder. vi. While tendering your quotation, the present trend / inflation in the rate of goods and services in the market should be kept in mind. No request for increase in price due to market fluctuation in the cost of goods and services shall be entertained.

BID PRICES. i. 13.1 The bidder Bidder shall indicate on the appropriate Price Schedule the discount rate on retail price of all medicines/disposable items it proposes to supply under the Contract.against each category separately.\ ii. 13.2 Form of price for Price Schedule is to be filled in very carefully, preferably and should be typed. Any alteration /correction alteration/ correction must be initialed. Every page is to be signed and stamped at the bottom. Serial number/ bid number of the quoted item may be marked or highlighted with red / red/yellow marker. iii. 13.3 The bidder Bidder should quote the discount prices of goods according to the strength / technical specifications as provided in for complete package/Tender. Optional items are mandatory to quote but will not be considered while determining the Form of Price Schedule and Technical Specificationslowest bidder. The specifications of goods, different from the demand of bid enquiryenquiry and packaged items, shall straightway be rejected. iv. 13.4 The bidder Bidder is required to offer competitive discount price. All discount prices must include the General Sales Tax (GST) and other relevant taxes and duties, where applicable. If there is no mention of taxes, the offered / offered/ quoted price shall be considered as inclusive of all prevailing taxes/duties. The benefit of exemption from or reduction in the GST or other taxes shall be passed on to the Procuring Agency. v. Prices offered should be for the entire quantity demanded; partial quantity offers shall straightaway be rejected. Conditional offer shall also be considered as non-responsive bidder. vi. 13.5 While tendering your quotation, the present trend / trend/ inflation in the rate of goods and services in the market should be kept in mind. No request for increase in price due to market fluctuation in the cost of goods and services shall be entertainedentertained after the bid has been submitted. 13.6 The bidder shall have to quote the prices as per mode DDP for the year up to 30-06- 2022 and extendable for 03 months for next FY i.e., 2022-2023 up to 30-09-2022.

BID PRICES. i. The bidder shall indicate on the appropriate Price Schedule the discount rate on retail price unit prices of all medicines/disposable items the goods, it proposes to supply under the Contract. ii. Form of price Schedule is to be filled in very carefully, preferably carefully typed. Any alteration /correction must be initialed. Every page is to be signed and stamped at the bottom. Serial number Any erasing/cutting may lead to the cancellation of the quoted item may be marked with red / yellow markerbid. iii. The bidder should quote the discount prices of goods according to the strength / technical specifications as provided in the Form of Price Schedule and Technical Specifications. The specifications of goods, different from the demand of bid enquiry, shall straightway be rejected. iv. The bidder is required to offer competitive discount price. All discount prices must include the General Sales Tax (GST) and other taxes and duties, where applicable. If there is no mention of taxes, the offered / quoted price shall be considered as inclusive of all prevailing taxes/duties. The benefit of exemption from or reduction in the GST or other taxes shall be passed on to the Procuring Agency. v. Prices offered should be for the entire quantity demanded; partial quantity offers shall straightaway be rejected. year 2020-2021 extendable for three months Conditional offer shall also be considered as non-responsive bidderresponsive. vi. While tendering your quotation, the present trend / inflation in the rate of goods and services in the market should be kept in mind. No request for increase in price due to market fluctuation in the cost of goods and services shall be entertained.