Common use of Scrutiny of Part II Clause in Contracts

Scrutiny of Part II. The Part II shall be evaluated based on - financial bids quoted in lump-sum as well as individual item wise bids (if necessary) - to determine the lowest bid (L1). RBI shall be under no obligation to accept lowest or any offer received in response to this notice and shall be entitled to reject any or all offers without assigning any reason whatsoever.

Appears in 3 contracts

Samples: Annual Service Contract, Annual Service Contract, Annual Service Contract

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Scrutiny of Part II. The Part II shall be evaluated based on - financial bids bid quoted in lump-sum lumpsum as well as individual item wise bids (if bids(if necessary) - to determine the lowest bid (L1). RBI shall be under no obligation to accept lowest or any offer received in response to this notice and shall be entitled to reject any or all offers without assigning any reason whatsoever.

Appears in 1 contract

Samples: Annual Service Contract

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Scrutiny of Part II. The Part II shall be evaluated based on - financial bids quoted in lump-sum lumpsum as well as individual item wise bids (if necessary) - to determine the lowest bid (L1). RBI shall be under no obligation to accept lowest or any offer received in response to this notice and shall be entitled to reject any or all offers without assigning any reason whatsoever.

Appears in 1 contract

Samples: Annual Service Contract

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