13.07.2015 Views

General Conditions of Tender

General Conditions of Tender

General Conditions of Tender

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>General</strong> <strong>Conditions</strong> <strong>of</strong> <strong>Tender</strong>ClauseRemarks/Guidelines(2) For the purposes <strong>of</strong> this Clause, “erraticpricing” means the situation where an itemor certain items in a Bill <strong>of</strong>Quantities/Schedule <strong>of</strong> Rates are priced orstructured in such a way as to suggestsignificant and unjustified:-(a) inconsistency, irregularity ornon-uniformity as compared with item oritems <strong>of</strong> the same or similar nature in thesame Bill <strong>of</strong> Quantities/Schedule <strong>of</strong> Ratesor another Bill <strong>of</strong> Quantities/Schedule <strong>of</strong>Rates submitted by the same tenderer in thesame tendering exercise; or(b) deviation from prevailing market prices inrespect <strong>of</strong> the same or similar item or items.The expression “priced erratically” shall beconstrued accordingly.(3) In determining prevailing market price, theEmployer may take into account theEngineer designate’s estimates, the averageprice <strong>of</strong> the same item in other tenderssubmitted for the same tendering exercise,and/or the price <strong>of</strong> the same or similaritems in other tendering exercises aftermaking adjustment for changes in price inaccordance with inflation or deflation.GCT 15 <strong>Tender</strong> addendaShould the Employer require any amendments,clarifications, or adjustments to be made to the tenderdocuments for the purpose <strong>of</strong> tendering, the*Engineer/Architect/Maintenance surveyordesignate will issue to every tenderer numberedaddenda giving full details <strong>of</strong> such amendments etc.and the tender documents shall be taken as havingbeen amended, clarified or adjusted accordingly upon* Delete as appropriate.<strong>General</strong> <strong>Conditions</strong> <strong>of</strong> <strong>Tender</strong> (19.10.2004) Page 12 <strong>of</strong> 27

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!