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evaluation of bids, if not specifically mentioned the same in the offer.
NIT should be specific about the above evaluation method.
28. RANKING STATEMENT:
In addition to the Comparative Statement, a comprehensive Ranking statement should be
prepared in the ascending order of the prices quoted, in all cases where more than three offers
have been received. The Ranking statement should be prepared on the basis of the total evaluated
price
29. PROCEDURE FOR PROCESSING THE TENDERS RECEIVED:
Any contracts related to purchase / works/ project package /turnkey project/ services/ AMC/
transportation/R&M etc, having estimated cost in excess of Rs. 100,000/-, to be concluded
through a Tender Committee.
However, while exercising power utilizing DFP (OE), the same to be exercised through Tender
Committee if the estimated cost exceeds Rs. 50,000/-. Cases having estimated value less than the
cut off value as indicated above need not be finalised through TC.
Estimated cost means basic price without loading, taxes, duties, freight etc.
Constitution of QR & TC to be linked with estimated cost without taxes, duties, freight etc.
Any post award modification, in contract clause having financial implication in excess of Rs. 100
lacs to be processed through TC. Excess quantity, extra item and variation shall be dealt as per
DFP and processing through TC is not required.
If the post contract modification involves financial implication less than Rs. 100 lacs, the case to
be processed by the dealing officer and secure approval of award authority as per DFP after
obtaining finance concurrence.
30. LEVEL OF TENDER COMMITTEE :
The tender inviting authority in HQ, plant/field formations shall take initiation to form the 3-
member tender committee before opening of tender and approved by respective approving authority
on case to case basis. A three member Tender Committee will be formed as follows.
W& P Manual – 2012 Page 59