Tender Notice Dt - Department of Health , J&K
Tender Notice Dt - Department of Health , J&K
Tender Notice Dt - Department of Health , J&K
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successful in the technical Bid Evaluation stage. Financial bids will beopened in presence <strong>of</strong> the representatives <strong>of</strong> insurance companies that havebeen declared successful in the technical bid evaluation stage.32. Award <strong>of</strong> Contract:State Government / Nodal Agency shall award the contract to the successfulbidder/s whose Bid has/ have been determined to be substantiallyresponsive, lowest evaluated bid, provided further that the bidder has beendetermined by the State Government / Nodal Agency to be qualified toperform the contract satisfactorily.33. Period <strong>of</strong> Contract:The period <strong>of</strong> Insurance Contract will be for three years from the effectivedate, subject to renewal on yearly basis, at the exclusive discretion <strong>of</strong> StateNodal Agency and which is based on parameters fixed by the StateGovernment / Nodal Agency for renewal.34. Amendment Of Bidding Documents:a) At any time prior to the deadline for submission <strong>of</strong> bids, the StateGovernment / Nodal Agency may, for any reason modify theBidding documents, by amendment.b) The amendment will be notified in writing or by fax or telegram oremail or through State Government website to all prospectivebidders who have acquired the Bidding documents andamendments will be binding on them.c) In order to afford prospective bidders reasonable time to take theamendment into account in preparing their bids, the StateGovernment / Nodal Agency may, at its discretion, extend deadlinefor the submission <strong>of</strong> the Bid.NOTE: Oral statements made by the Bidder at any time regarding quality <strong>of</strong>service or arrangements <strong>of</strong> any other matter shall not be considered.35. State Government/ State Nodal Agency’s Right to Accept orReject any or All Bids:State Government/ State Nodal Agency reserves the right to accept orreject any Bid or annul the Bidding process and reject all Bids at anytime prior to award <strong>of</strong> contract, without thereby incurring any liabilityto the affected Bidder or Bidders. State Government/ State NodalAgency is not bound to accept the lowest or any bid.Note: Incomplete technical bids and financial bids with extraattachments / remarks is liable to be disqualified.29
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