Common use of FINANCIAL EVALUATION Clause in Contracts

FINANCIAL EVALUATION. (a) The financial bid shall be opened for only those bidders who are found to be technically eligible through the CPP Portal only. The financial bids shall be opened in presence of representatives of (b) Arithmetical errors shall be rectified on the following basis. If there is a discrepancy between the unit price and total price that is, the unit price shall prevail and the total price shall be corrected by the Institute. If there is a discrepancy between words and figures, the lesser amount shall be considered as valid. If the Supplier does not accept the correction of the errors, his bid shall be rejected. (c) The AIIMS Jodhpur does not bind itself to accept the lowest bid or any bid and reserves the right of accepting the whole or any part of the bid or portion of the job offered; and the bidder shall provide the same at the rates quoted. AIIMS Jodhpur, reserves the right to reject any or all offers received in response to tender or cancel or withdraw the tender notice without assigning any reason, whatsoever.

FINANCIAL EVALUATION. (a) The financial bid shall be opened for of only those bidders who are have been found to be technically eligible through the CPP Portal onlyeligible. The financial bids shall be opened in presence of representatives ofof technically eligible bidders, who may like to be present. The institute shall inform the date, place and time for opening of financial bid. (b) Arithmetical errors shall be rectified on the following basis. If there is a discrepancy between the unit price and total price that is, the unit price shall prevail and the total price shall be corrected by the Institute. If there is a discrepancy between words and figures, the lesser amount shall be considered as valid. If the Supplier does not accept the correction of the errors, his bid shall be rejected.the (c) The AIIMS Jodhpur does not bind itself himself to accept the lowest bid or any bid and reserves the right of accepting the whole or any part of the bid or portion of the job offered; and the bidder shall provide the same at the rates quoted. The AIIMS Jodhpur, Jodhpur reserves the right to reject any or all offers received in response to tender or cancel or withdraw the tender notice without assigning any reason, whatsoever. The rate contract is awarded to lowest one bidder on consolidated basis to the firm(s) who have quoted the lowest rate(s) for item(s).

FINANCIAL EVALUATION. (a) The financial bid shall be opened for of only those bidders who are have been found to be technically eligible through the CPP Portal onlyeligible. The financial bids shall be opened in presence of representatives ofof technically eligible bidders, who may like to be present. The institute shall inform the date, place and time for opening of financial bid. (b) Arithmetical errors shall be rectified on the following basis. If there is a discrepancy between the unit price and total price that is, the unit price shall prevail and the total price shall be corrected by the Institute. If there is a discrepancy between words and figures, the lesser amount shall be considered as valid. If the Supplier does not accept the correction of the errors, his bid shall be rejected.the (c) The AIIMS Jodhpur does not bind itself himself to accept the lowest bid or any bid and reserves the right of accepting the whole or any part of the bid or portion of the job offered; and the bidder shall provide the same at the rates quoted. The AIIMS Jodhpur, Jodhpur reserves the right to reject any or all offers received in response to tender or cancel or withdraw the tender notice without assigning any reason, whatsoever. The rate contract is awarded to lowest one bidder and item wise to the firm(s) who have quoted the lowest rate(s) for item(s).