Opening of Bids. 4.20.1. On the scheduled date and time, bids will be opened by the Bank Committee in presence of Bidder representatives. It is the responsibility of the bidder’s representative to be present at the time, on the date and at the place specified in the tender document. The bidders’ representatives who are present in the meeting shall sign a document evidencing their attendance.
4.20.2. If any of the bidders or all bidders who have submitted the tender and are not present during the specified date and time of opening it will be deemed that such bidder is not interested to participate in the opening of the Bid/s and the bank at its discretion will proceed further with opening of the technical bids in their absence.
4.20.3. The Bidder name and presence or absence of requisite EMD, tender form cost (if any) and such other details as the Bank, at its discretion may consider appropriate will be announced at the time of technical bid opening. No bid shall be rejected at the time of bid opening, except for late bids which shall be returned unopened to the Bidder.
4.20.4. Bids that are not opened at Bid opening shall not be considered for further evaluation, irrespective of the circumstances. Withdrawn bids will be returned unopened to the Bidders.
Opening of Bids. 4.15.1. On the scheduled date and time, bids will be opened by the Bank Committee in presence of Bidder representatives. It is the responsibility of the bidder’s representative to be present at the time, on the date and at the place specified in the tender document. Since the opening of bids will be done online, link for the meeting will be shared with all bidders.
4.15.2. If any of the bidders or all bidders who have submitted the tender and are not present during the specified date and time of opening, the bank at its discretion will proceed further with opening of the technical bids in their absence.
4.15.3. The Bidder name and such other details as the Bank, at its discretion may consider appropriate will be announced at the time of technical bid opening. No bid shall be rejected at the time of bid opening.
Opening of Bids i) The uploaded tender Part I, EMD, technical details, etc., called Part I of the tender, will be opened on the time and date, as specified in NIT, at office, by the tender inviting authority or her/his authorized representative. Intending tenderers may participate in the opening of Part – I.
ii) The price bid, containing the duly filled-in tender-Part II, of those bidders, who are found qualified after scrutiny of Part I of the tender documents, would be opened on a subsequent date which will be intimated to all the qualified bidders. Eligible bidders may participate in the opening of Part – II, details for the same would be provided separately.
Opening of Bids a. Technical bids will be opened on 20.01.2023 from 04.00 p.m., and will be evaluated as per Eligibility Criteria and TCC followed by opening of Price Bids. Only those bidders whose bids are technically found responsive/eligible, will be informed of the date and time of opening of price bids if there is any change in the schedule.
b. There after the Bank reserves the right of selection of Vendor by Opening of Commercial Bids of vendors, who are found eligible after evaluation of Technical Bids.
c. After opening of price bids, the Bank will evaluate and compare the Price bids.
d. If there is a discrepancy between the unit price and the total price that is obtained by multiplying the unit price and quantity, the unit price shall prevail, and the total price shall be corrected. If the Successful Bidder does not accept the correction of the errors, its Bid will be rejected, and its Bid security is liable to be forfeited. If there is a discrepancy between words and figures, the amount in words will prevail.
Opening of Bids. 10.1 Envelope – I Technical Bid will be opened first. It should consist of tender fee DD and EMD DD on 23-01-2018 at 1530 hrs. IST. All Qualified bidders will be intimated about the date of opening of Financial Bid.
10.2 Envelope – II containing financial bids of the bidders found meeting the qualifying requirements and technical criteria shall be opened depending on the Technical bid evaluation. Any change in the date shall be intimated to Bidders.