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MPED-X-Routing-Tender20080721 - Madhya Pradesh State Excise

MPED-X-Routing-Tender20080721 - Madhya Pradesh State Excise

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The Competent Authority shall have the right to make any alterations, omissions,<br />

additions or subtractions in items, their quantities along with technical specifications<br />

and/or BoM at the time of award of contract. The Competent Authority will give such<br />

intimation to the successful Bidder, and additional cost/deduction in the Bid prices,<br />

based on the price schedule submitted by him, will be worked out with the Bidder. In<br />

case, the Bidder does not agree for such alterations, the Competent Authority will be free<br />

to award the contract to the next eligible Bidder.<br />

7.21 COMPETENT AUTHORITY'S RIGHT TO ACCEPT OR TO REJECT ANY OR ALL<br />

BIDS<br />

The Competent Authority reserves the right to accept or reject any Bid, and to annul the<br />

Bid process and reject all Bids at any time prior to the award of Contract, without thereby<br />

incurring any liability to the affected Bidder or any obligation to inform the affected Bidder<br />

of the grounds for the Competent Authority's action.<br />

7.22 Notification of Award<br />

Notification to Bidder<br />

Before the expiry of the period of validity of the proposal, the Competent Authority shall<br />

notify the successful Bidder in writing by registered letter or by fax, that its bid has been<br />

accepted. The Bidder shall acknowledge in writing receipt of the notification of award<br />

and will send his acceptance to enter into agreement within seven (7) days.<br />

Notwithstanding anything else contained to the contrary in this Document, the<br />

Competent Authority reserves the right to increase or decrease quantities or even delete<br />

some of the items altogether. The quantities can be altered without any change in the<br />

unit price or other terms and conditions. The competent authority may even vary the<br />

break up of overall quantities of an item in view of techno-commercial reasons. The<br />

variation in the quantity of award shall be notified at the time of placing the order.<br />

7.23 Signing of Contract<br />

7.23.1 The notification of the award<br />

The notification of the award shall constitute signing of the contract/agreement.<br />

However, the Competent Authority may negotiate certain terms with successful<br />

Bidder before signing of the contract/agreement. The signing of agreement will<br />

amount to award of contract and bidder will initiate the execution of the work as<br />

specified in the contract/agreement.<br />

7.23.2 Discharge of Bid Security<br />

Upon the successful signing of the agreement, competent authority shall<br />

promptly request the Bidder to provide performance security. On receipt of the<br />

performance security, the bid security will be released.<br />

112

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