Common use of FINANCIAL BID Clause in Contracts

FINANCIAL BID. a) The financial e-bid should be in the prescribed format available at NIC CPPP E-Tendering Portal at ▇▇▇▇▇▇▇▇.▇▇▇.▇▇ and the following shall also form part and parcel of financial e-bid to be submitted by the tenderer:- ▇. ▇▇▇▇▇▇▇ Money Deposit of Rs. 1,85,000/- (Rupees One Lac Eighty Five Thousand Only) liable to be forfeited by AAI, if on award of license, I/We do not accept the award or do not fulfill any of the conditions stipulated in e-tender documents, within prescribed time. ii. On account of non-acceptance of award or on account of non-completion of e-tender conditions within the prescribed time, I/We shall be debarred by AAI for further participation in the tenders at its airports or at any other place under the control of AAI, for a period of ONE (1) years. iii. In case the documents submitted by my/our firm along with e-tender are false / incorrect, the e-tender of my/our firm will be liable to be rejected by giving reasons. In addition, AAI reserves its right to forfeit the EMD of my/our firm and debar my/our firm from participation in the further e-tender/ tender of AAI, for a period of three (03) years. b) AAI reserves itself the right to reject the conditional offer without assigning any reason thereto. c) The AAI does not bind itself to accept the highest or any e-tender and reserves to itself the right of accepting the whole or any part of the e-tender and the tenderer shall be bound to provide the service at the rate quoted. d) The amount of license fee should be conspicuously written both in figures as well as in words. Any over-writing, correction or insertion should be duly signed by the authorized signatories of the tenderer(s). e) In case of discrepancy between the amount offered in figures and words, the offer written in words will only be considered. f) In the event that the Financial Bid of two or more Bidder are found to be the same and is the highest (the “Tie Bidder”), Authority shall invite fresh Financial Bids, as per Authority’s policy, from such Tie Bidders and shall identify the selected Bidder from amongst such Tie Bidders. Provided that the revised Financial Bids of such Tie Bidder (s), shall be no less

FINANCIAL BID. a) The financial e-bid should be in the prescribed format available at NIC CPPP E-Tendering Portal at ▇▇▇▇▇▇▇▇.▇▇▇.▇▇ and the following shall also form part and parcel of financial e-bid to be submitted by the tenderer:-tenderer:- I / We have carefully read and understood the terms and conditions of the licence as contained in E-Tender Documents issued by the Airports Authority of India (AAI) including the following :- ▇. ▇▇▇▇▇▇▇ Money Deposit of Rs. 1,85,000/- Rs.2,60,500/- (Rupees One Lac Eighty Five Thousand OnlyTwo Lacs Sixty thousand and five hundred only) liable to be forfeited by AAI, if on award of license, I/We do not accept the award or do not fulfill any of the conditions stipulated in e-tender documents, within prescribed time. ii. On account of non-acceptance of award or on account of non-completion of e-tender conditions within the prescribed time, I/We shall be debarred by AAI for further participation in the tenders at its airports or at any other place under the control of AAI, for a period of ONE (1) years. iii. In case the documents submitted by my/our firm along with e-tender are false / incorrect, the e-tender of my/our firm will be liable to be rejected by giving reasons. In addition, AAI reserves its right to forfeit the EMD of my/our firm and debar my/our firm from participation in the further e-tender/ tender of AAI, for a period of three (03) years. b) AAI reserves itself the right to reject the conditional offer without assigning any reason thereto. c) The AAI does not bind itself to accept the highest or any e-tender and reserves to itself the right of accepting the whole or any part of the e-tender and the tenderer shall be bound to provide the service at the rate quoted. d) The amount of license fee should be conspicuously written both in figures as well as in words. Any over-over- writing, correction or insertion should be duly signed by the authorized signatories of the tenderer(s). e) In case of discrepancy between the amount offered in figures and words, the offer written in words will only be considered. f) In the event that the Financial Bid of two or more Bidder are found to be the same and is the highest (the “Tie Bidder”), Authority shall invite fresh Financial Bids, as per Authority’s policy, from such Tie Bidders and shall identify the selected Bidder from amongst such Tie Bidders. Provided that the revised Financial Bids of such Tie Bidder (s), shall be no less

FINANCIAL BID. a) The financial e-bid should be in the prescribed format available at NIC CPPP E-CPP E- Tendering Portal at ▇▇▇▇▇▇▇▇.▇▇▇.▇▇ and the following shall also form part and parcel of financial e-bid to be submitted by the tenderer:-tenderer:- I / We have carefully read and understood the terms and conditions of the licence as contained in E-Tender Documents issued by the Airports Authority of India (AAI) including the following :- ▇. ▇▇▇▇▇▇▇ Money Deposit of Rs. 1,85,000/- 4,00,000/- (Rupees One Lac Eighty Five Thousand OnlyFour Lakh only) liable to be forfeited by AAI, if on award of license, I/We do not accept the award or do not fulfill any of the conditions stipulated in e-tender documents, within prescribed time. ii. On account of non-acceptance of award or on account of non-non- completion of e-tender conditions within the prescribed time, I/We shall be liable to be debarred by AAI for further participation in the tenders at its airports or at any other place under the control of AAI, for a period of ONE one (1) years. iii. In case the documents submitted by my/our firm along with e-tender are false / incorrect, the e-tender of my/our firm will be liable to be rejected by giving reasons. In addition, AAI reserves its right to forfeit the EMD of my/our firm and debar my/our firm from participation in the further e-tender/ tender of AAI, for a period of three (03) years. b) AAI reserves itself the right to reject the conditional offer without assigning any reason thereto. c) The AAI does not bind itself to accept the highest or any e-tender and reserves to itself the right of accepting the whole or any part of the e-tender and the tenderer shall be bound to provide the service at the rate quoted. d) The amount of license fee should be conspicuously written both in figures as well as in words. Any over-writing, correction or insertion should be duly signed by the authorized signatories of the tenderer(s). e) In case of discrepancy between the amount offered in figures and words, the offer written in words will only be considered. f) In the event that the Financial Bid of two or more Bidder Bidders are found to be the same and is the highest (the “Tie BidderBidders”), Authority shall invite fresh Financial Bidsbids, as per Authority’s policy, from such Tie Bidders and shall identify the selected Selected Bidder from amongst such Tie Bidders. Provided that the revised Financial Bids of such Tie Bidder (s), shall be no lessless favorable to Authority than their respective original Bids.

FINANCIAL BID. a) The financial e-bid should be in the prescribed format available at NIC CPPP E-Tendering Portal at ▇▇▇▇▇▇▇▇.▇▇▇.▇▇ and the following shall also form part and parcel of financial e-bid to be submitted by the tenderer:-tenderer:- I / We have carefully read and understood the terms and conditions of the licence as contained in E-Tender Documents issued by the Airports Authority of India (AAI) including the following :- ▇. ▇▇▇▇▇▇▇ Money Deposit of Rs. 1,85,000/- Rs.2,54,000/- (Rupees One Lac Eighty Five Two Lacs Fifty-Four Thousand Onlyonly) liable to be forfeited by AAI, if on award of license, I/We do not accept the award or do not fulfill any of the conditions stipulated in e-tender documents, within prescribed time. ii. On account of non-acceptance of award or on account of non-completion of e-tender conditions within the prescribed time, I/We shall be debarred by AAI for further participation in the tenders at its airports or at any other place under the control of AAI, for a period of ONE (1) years. iii. In case the documents submitted by my/our firm along with e-tender are false / incorrect, the e-tender of my/our firm will be liable to be rejected by giving reasons. In addition, AAI reserves its right to forfeit the EMD of my/our firm and debar my/our firm from participation in the further e-tender/ tender of AAI, for a period of three (03) years. b) AAI reserves itself the right to reject the conditional offer without assigning any reason thereto. c) The AAI does not bind itself to accept the highest or any e-tender and reserves to itself the right of accepting the whole or any part of the e-tender and the tenderer shall be bound to provide the service at the rate quoted. d) The amount of license fee should be conspicuously written both in figures as well as in words. Any over-writing, correction or insertion should be duly signed by the authorized signatories of the tenderer(s). e) In case of discrepancy between the amount offered in figures and words, the offer written in words will only be considered. f) In the event that the Financial Bid of two or more Bidder are found to be the same and is the highest (the “Tie Bidder”), Authority shall invite fresh Financial Bids, as per Authority’s policy, from such Tie Bidders and shall identify the selected Bidder from amongst such Tie Bidders. Provided that the revised Financial Bids of such Tie Bidder (s), shall be no lessless favorable to Authority than their respective original Bids.

FINANCIAL BID. a) The financial e-bid should be in the prescribed format available at NIC CPPP E-CPP E- Tendering Portal at ▇▇▇▇▇▇▇▇.▇▇▇.▇▇ and the following shall also form part and parcel of financial e-bid to be submitted by the tenderer:-tenderer:- I / We have carefully read and understood the terms and conditions of the licence as contained in E-Tender Documents issued by the Airports Authority of India (AAI) including the following :- ▇. ▇▇▇▇▇▇▇ Money Deposit of Rs. 1,85,000/- Rs.3,60,000 /- (Rupees One Lac Eighty Five Three Lakhs Sixty Thousand Onlyonly) liable to be forfeited by AAI, if on award of license, I/We do not accept the award or do not fulfill any of the conditions stipulated in e-tender documents, within prescribed time. ii. On account of non-acceptance of award or on account of non-non- completion of e-tender conditions within the prescribed time, I/We shall be liable to be debarred by AAI for further participation in the tenders at its airports or at any other place under the control of AAI, for a period of ONE one (1) years. iii. In case the documents submitted by my/our firm along with e-tender are false / incorrect, the e-tender of my/our firm will be liable to be rejected by giving reasons. In addition, AAI reserves its right to forfeit the EMD of my/our firm and debar my/our firm from participation in the further e-tender/ tender of AAI, for a period of three (03) years. b) AAI reserves itself the right to reject the conditional offer without assigning any reason thereto. c) The AAI does not bind itself to accept the highest or any e-tender and reserves to itself the right of accepting the whole or any part of the e-tender and the tenderer shall be bound to provide the service at the rate quoted. d) The amount of license fee should be conspicuously written both in figures as well as in words. Any over-writing, correction or insertion should be duly signed by the authorized signatories of the tenderer(s). e) In case of discrepancy between the amount offered in figures and words, the offer written in words will only be considered. f) In the event that the Financial Bid of two or more Bidder Bidders are found to be the same and is the highest (the “Tie BidderBidders”), Authority shall invite fresh Financial Bidsbids, as per Authority’s policy, from such Tie Bidders and shall identify the selected Selected Bidder from amongst such Tie Bidders. Provided that the revised Financial Bids of such Tie Bidder (s), shall be no lessless favorable to Authority than their respective original Bids.

FINANCIAL BID. a) The financial e-bid should be in the prescribed format available at NIC CPPP E-CPP E- Tendering Portal at ▇▇▇▇▇▇▇▇.▇▇▇.▇▇ and the following shall also form part and parcel of financial e-bid to be submitted by the tenderer:-tenderer:- I / We have carefully read and understood the terms and conditions of the licence as contained in E-Tender Documents issued by the Airports Authority of India (AAI) including the following :- ▇. ▇▇▇▇▇▇▇ Money Deposit of Rs. 1,85,000/- 2,30,500/- (Rupees One Lac Eighty Two Lakh Thirty Thousand Five Thousand OnlyHundred only) liable to be forfeited by AAI, if on award of license, I/We do not accept the award or do ordo not fulfill any of the conditions stipulated in e-tender documents, within prescribed time. ii. On account of non-acceptance of award or on account of non-non- completion of e-e- tender conditions within the prescribed time, I/We shall be liable to be debarred by AAI for further participation in the tenders at its airports or at any other anyother place under the control of AAI, for a period of ONE one (1) years. iii. In case the documents submitted by my/our firm along with e-tender are false / incorrect, the e-tender of my/our firm will be liable to be rejected by giving reasons. In addition, AAI reserves its right to forfeit the EMD of my/our firm and debar my/our firm from participation in the further e-tender/ tender of AAI, for a period of three (03) years. b) AAI reserves itself the right to reject the conditional offer without assigning any reason thereto. c) The AAI does not bind itself to accept the highest or any e-tender and reserves to itself the right of accepting the whole or any part of the e-tender and the tenderer shall be bound to provide the service at the rate quoted. d) The amount of license fee should be conspicuously written both in figures as well as in words. Any over-writing, correction or insertion should be duly signed by signedby the authorized signatories of the tenderer(s). e) In case of discrepancy between the amount offered in figures and words, the offer written in words will only be considered. f) In the event that the Financial Bid of two or more Bidder Bidders are found to be the same and is the highest (the “Tie BidderBidders”), Authority shall invite fresh Financial Bidsbids, as per Authority’s policy, from such Tie Bidders and shall identify the selected Selected Bidder from amongst such Tie Bidders. Provided that the revised Financial Bids of such Tie Bidder (s), shall be no lessless favorable to Authority than their respective original Bids.

FINANCIAL BID. a) The financial e-bid should be in the prescribed format available at NIC CPPP E-E- Tendering Portal at ▇▇▇▇▇▇▇▇.▇▇▇.▇▇ and the following shall also form part and parcel of financial e-bid to be submitted by the tenderer:-tenderer: - I / We have carefully read and understood the terms and conditions of the license as contained in E-Tender Documents issued by the Airports Authority of India (AAI) including the following: - ▇. ▇▇▇▇▇▇▇ Money Deposit of Rs. 1,85,000/- Rs.2,60,000 /- (Rupees One Lac Eighty Five Two Lakh Sixty Thousand Only) liable to be forfeited by AAI, if on award of license, I/We do not accept the award or do not fulfill any of the conditions stipulated in e-tender documents, within prescribed time. ii. On account of non-acceptance of award or on account of non-completion of e-e- tender conditions within the prescribed time, I/We shall liable to be debarred by AAI for further participation in the tenders at its airports or at any other place under the control of AAI, for a period of ONE one (101) yearsyear. iii. In case the documents submitted by my/our firm along with e-tender are false / incorrect, the e-tender of my/our firm will be liable to be rejected by giving reasons. In addition, AAI reserves its right to forfeit the EMD of my/our firm and debar my/our firm from participation in the further e-tender/ tender of AAI, for a period of three (03) years. b) AAI reserves itself the right to reject the conditional offer without assigning any reason thereto. c) The AAI does not bind itself to accept the highest or any e-tender and reserves to itself the right of accepting the whole or any part of the e-e- tender and the tenderer shall be bound to provide the service at the rate quoted. d) The amount of license fee should be conspicuously written mentioned both in figures as well as in words. Any over-writing, correction or insertion should be duly signed by the authorized signatories of the tenderer(s). e) In case of discrepancy between the amount offered in figures and words, the offer written in words will only be considered. f) In the event that the Financial Bid of two or more Bidder Bidders are found to be the same and is the highest (the “"Tie Bidder”Bidders"), Authority shall invite fresh Financial Bids, as per Authority’s 's policy, from such Tie Bidders and shall identify the selected Selected Bidder from amongst such Tie Bidders. Provided that the revised Financial Bids of such Tie Bidder (s), shall be no lessless favourable to Authority than their respective original Bids.