EQUIVALENT OR IDENTICAL BIDS Clause Samples
The 'Equivalent or Identical Bids' clause establishes a procedure for handling situations where two or more bidders submit offers that are the same in all material respects, such as price, terms, and conditions. In practice, this clause may specify a method for breaking the tie, such as drawing lots, giving preference to local suppliers, or inviting the tied bidders to submit revised offers. Its core function is to ensure a fair and transparent process for awarding contracts when bids are indistinguishable, thereby preventing disputes and maintaining the integrity of the procurement process.
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EQUIVALENT OR IDENTICAL BIDS. In the event two offers are found to be substantially equivalent, price shall be the basis for determining the award recipient. If two or more Bidders submit substantially equivalent bids as to pricing or other factors, the decision of the Commissioner to award a contract to one or more of such Bidders shall be final.