GAIL (India) Limited MECON LIMITED

29.3 If a bid is not substantially responsive, it will be rejected by the Employer and may notsubsequently be made responsive by correction or withdrawal of the nonconformingdeviation or reservation.30. Correction of Errors30.1 Bids determined to be substancially responsive will be checked by the Employer for anyarithmetic errors. Errors will be corrected by the Employer as follows :a) where there is a discrepancy between the amounts in words and in figures, theamount in words will govern; andb) where there is a discrepancy between the unit rate and the total resulting frommultiplying the unit rate by the quantity, the unit rate as quoted will govern.30.2 The amount stated in the bid will be adjusted by the Employer in accordance with theabove procedure for the correction of errors and, with the concurrence of the bidder,shall be considered as binding upon the bidder. If the bidder does not accept thecorrected amount of bid, its bid will be rejected, and the bid security shall be forfeited.31. Conversion to Single Currency for Comparison of Bids[Applicable for ICB tenders only]31.1 To facilitate evaluation and comparison, GAIL/ MECON will convert all bid pricesexpressed in the amounts in various currencies in which bid price is payable, to IndianRupees at the Bill Collection selling rates of Foreign Exchange as declared by State Bankof India a day prior to priced bid opening.31.2 Evaluation and comparison of prices of previously determined substantially responsivebids shall take into account stipulations given in Article 32.2. Evaluation and Comparison of Bids32.1 The evaluation and comparison of bids will be done as per the provisions of the bidevaluation criteria (to be separately enclosed alongwith bidding document againstindividual tenders).33. Preference for Domestic Bidders[Applicable for ICB cases only]33.1 The supplies of materials and equipment by Domestic bidders are eligible, as pergovernment directives to following preference :Extent of Domestic Value Added Extent of Price PreferenceLess than 30%NIL30% and more Domestic preference shall be limited to offsettingof Central Sales Tax to the extent of 4%or actual whichever is lower plus Octroi at actual\\Rajesh\RAJESH\Cavery\Tender\Construction Tender-Vol - I of II.doc