TENDER Flashcards
1
Q
Two Packet System of Tendering:
A
Technical Bid and Financial Bid
➢Stage 1: Technical Packet opened First, TC Deliberates on Technical criteria. Only technically successful tenderers considered for Stage 2
➢Stage 2: Financial Packet opened and rates of only the successful tenderers are evaluated ⇒ Technically suitable L1
2
Q
Tender notice period is not to be less than
A
14 days
3
Q
Performance Notice as per Performa at
A
Annexure-XII
4
Q
Seven Days Notice as per Performa at
A
Annexure-XIV
5
Q
final termination notice as per Performa at
A
Annexure-XV