THE ESTIMATED VALUE. IEC has estimated of the value of the goods to be supplied. In the event that all proposals submitted in the tender are disadvantageous to IEC compared with the estimate, IEC will be entitled to decide that all the participants in the tender who have complied with the tender conditions, including preconditions/threshold conditions, will submit new and improved proposals, according to paragraph 3.D. above.
Appears in 4 contracts
Samples: Two Year Frame Agreement for Supply of Direct Connected Single Phase Meter, Frame Agreement, Frame Agreement
THE ESTIMATED VALUE. IEC has estimated of the value of the goods and/or Services to be supplied. In the event that all proposals submitted in the tender are disadvantageous to IEC compared with the estimate, IEC will be entitled to decide that all the participants in the tender who have complied with the tender conditions, including preconditions/threshold conditions, will submit new and improved proposals, according to paragraph 3.D. above.
Appears in 2 contracts
Samples: Framework Agreement, Frame Agreement for the Purchase of Gloves for Live Line Work
