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    Rejection of Tender and Acceptance of Tender

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    Lalit patil
    This document discusses tendering procedures, including the acceptance and rejection of tenders. It defines what a tender is and provides classifications of different tender types. It outlines the tender procedure, including preparation, notice, submission, opening, and acceptance. For acceptance, the lowest tender is typically chosen, but other tenders can be accepted if reasons are recorded. Reasons for rejection include non-compliance with conditions, incomplete details, prices being too high or low, heavy workloads, insufficient finances, and unsatisfactory records. The roles and responsibilities of the accepting authority are also mentioned.

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    Rejection of Tender and Acceptance of Tender

    Uploaded by

    Lalit patil
    180 views10 pages
    This document discusses tendering procedures, including the acceptance and rejection of tenders. It defines what a tender is and provides classifications of different tender types. It outlines the tender procedure, including preparation, notice, submission, opening, and acceptance. For acceptance, the lowest tender is typically chosen, but other tenders can be accepted if reasons are recorded. Reasons for rejection include non-compliance with conditions, incomplete details, prices being too high or low, heavy workloads, insufficient finances, and unsatisfactory records. The roles and responsibilities of the accepting authority are also mentioned.

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    This document discusses tendering procedures, including the acceptance and rejection of tenders. It defines what a tender is and provides classifications of different tender types. It outlines the tender procedure, including preparation, notice, submission, opening, and acceptance. For acceptance, the lowest tender is typically chosen, but other tenders can be accepted if reasons are recorded. Reasons for rejection include non-compliance with conditions, incomplete details, prices being too high or low, heavy workloads, insufficient finances, and unsatisfactory records. The roles and responsibilities of the accepting authority are also mentioned.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    180 views10 pages

    Rejection of Tender and Acceptance of Tender

    Uploaded by

    Lalit patil
    This document discusses tendering procedures, including the acceptance and rejection of tenders. It defines what a tender is and provides classifications of different tender types. It outlines the tender procedure, including preparation, notice, submission, opening, and acceptance. For acceptance, the lowest tender is typically chosen, but other tenders can be accepted if reasons are recorded. Reasons for rejection include non-compliance with conditions, incomplete details, prices being too high or low, heavy workloads, insufficient finances, and unsatisfactory records. The roles and responsibilities of the accepting authority are also mentioned.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 10
    At a glance
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    The key takeaways are the different types of tenders, tender process, acceptance of tenders and rejection of tenders.

    The different types of tenders mentioned are open tender, sealed tender, limited tender, single tender and rate contract.

    The steps involved in the tender process are preparation of tender documents, issue of tender notice, submission and opening of tenders, scrutiny of tenders, acceptance of tender and award of contract.

    Rejection of tender and acceptance

    of tender
    Guided by :-
    sajed khan

    Presented By :-
    Lalit vilas patil
    Tender
    • TENDER It is an invitation from the owner to the contractor to execute some work at
    specified cost in specified time. It is published in the form of tender notice in news
    papers, notice boards, gussets, etc. according to the cost of works.
    Classification of tenders:-
    1. Open tender
    2. Sealed tender
    3. Limited tender
    4. Single tender
    5. Rate contract
    Procedure for inviting tender:
    1. Preparation of tender documents.
    2. Issue of notice inviting tender or tender call notice.
    3. Submission and opening of tenders and their scrutiny.
    4. Acceptance of tender and award of contract.
    Acceptance of tender
    • Based on the comparative statement, usually the lowest tender is accepted, while
    accepting the tender, the tender accepting authority shall satisfy the following
    regarding the tenderers.
    1. the financial capacity of each tenderer.
    2. capacity to do the work.
    3. past record as contractor such as experience, procurement of labourer etc.
    • For valid reason, a tender other than the lowest can be accepted . The fact is to be
    recorded with full reasons. A report on this to be submitted to the next higher authority.
    A suitable reason is also mention in the comparative statement. The tender accepting
    authority himself has to sign the comparative statement and record his remarks.
    • Two tenders have quoted the same lowest rates,
    • When all the tenderers have quoted abnormally high rates,
    • Sometimes only one tenderer may respond to the tender call.
    • After tenders / quotations are opened quick action has to be taken to tabulate the
    rates, make the selections and finalize the acceptance. In any case the acceptance
    should be finalized with in the period for firmness agreed to by tenderers.
    • When various tenders are compared in respect of price, quality, terms of delivery, terms
    of payments etc other conditions to be equal, the lowest tender should be accepted and
    in cases where the lowest tender is not accepted the reason therefore should be
    recorded.
    • Accepting authority
    • Powers of accepting authority
    • Responsibility of accepting authority
    • Issue of acceptance letter (LOA)
    • Submission of Performance Guarantee
    • Signing of agreement.
    Rejection of tender
    • Non compliance with tender conditions
    • Details not completed .
    • Tender price to high
    • Tender price is to low
    • Lot of work in progress
    • Insufficient financial capability
    • Unsatisfactory work record
    Thank you

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