Administration Manual - B.E.S.T. Undertaking.

1513
from the tenderers either in cash or in the form of Bank Guarantee.
The S.D. is also insisted before placing Purchase Order, which is also
either in cash or in the form of Bank Guarantee, depending upon the
value of the tender. Other formalities from preparation of Comparative
Statement to placing of Purchase Order are similar as in case of other
modes.
5.5 Rebid Tenders
In case of certain tenders, the taxes/duties, import duties get revised after
opening of tender. In some other tenders, certain errors get noticed in specifications or
revisions are needed in specifications or incomplete/incorrect documents get issued to
tenderers, and the same get detected after opening of the tenders. Such tenders are cancelled and
re-bids/re-quotes are obtained from same tenderers, who had quoted against earlier tender
instead of re-advertising the same. Tender documents are issued to the tenderers on FOC basis.
No EMD is called from these tenderers but the one paid against earlier tender is considered as
valid. Such instances are very rare and exceptional. Specific approval of Tender
Committee/Management is required to be obtained before going for a rebid tender.
6. Recoupment Policy
Sr.
No.
Class of
items
1. ‘A’ Class
items
(i.e. ‘V’, ‘E’ &
‘D’)
2. ‘B’ Class
items
(i.e. ‘V’, ‘E’ &
‘D’)
3. ‘C’ Class
items
Minimu
m Stock
Level
Supp
ly
dela
y
marg
in
Recoupm
ent level
Norma
l
quanti
ty to
be put
on the
tender
Maximu
m
permitt
ed qty.
to be
put on
the
tender
2 6 8 12 14
2 5 7 15 17
2 4 6 18 20