Selection of Bidder. Bidder has to qualify in Technical Bid (submitted in Envelope 1). Envelope 2 i.e. price bid of bidder will be opened only if found eligible in Technical Bid. Selection will be based on Grand Total quoted at the price bid by the bidder. If two or more bidders quote the same amount, the bid will be evaluated on the basis of their average annual turnover of the last three years or experience . In such case, the decision of NABARD will be final and binding to all the bidders. Conditional bid will summarily be rejected.
Selection of Bidder. 3.3.1 Subject to the provisions of Clause 2.16.1, the Bidder whose BID is adjudged as responsive in terms of Clause 3.1.6, and who quotes the lowest price shall be declared as the selected Bidder (The “Selected Bidder”)
Selection of Bidder. The Ministry anticipates that it will select a Bidder within the irrevocable period. Notice of selection by the Ministry will be in writing. The Preferred Bidder shall execute the Agreement in the form attached to this RFB and satisfy any other applicable conditions of this RFB within the period of time set out to do so in Section 1.1 - Procurement Details of the Qualification Envelope of this RFB. This provision is solely to the benefit of the Ministry and may be waived by the Ministry at its sole discretion. Bidders are reminded that there is a question and answer period available if they wish to ask questions or seek clarification about the terms and conditions set out in the Form of Agreement. The Ministry will consider such requests for clarification in accordance with its right to do so under this RFB.
Selection of Bidder. 2.19.1. Only the Techno-commercial Bids will be opened first.
Selection of Bidder. 4.3.1. Subject to the provisions of Clause 2.16.1, the Bidder whose Commercial Proposal is adjudged as responsive in terms of Clause 4.2.1 and who quotes the highest constructed salable built-up area to be offered to the Authority free of cost from the salable built-up area of Commercial Facilities to be quoted by the Bidder as per the terms and conditions of this RFP and the provisions of the Concession cum Development Agreement shall ordinarily be declared as the selected Bidder (the “Selected Bidder”). In the event that the Authority rejects or annuls all the Commercial Proposals, it may, in its discretion, invite all eligible Bidders to submit fresh Commercial Proposals hereunder.
Selection of Bidder. 5.8.1 After the evaluation process as mentioned in Clause 5.7 above, the Preferred Bidder shall be declared as the selected bidder (“Selected Bidder”) for the Project.
