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CENTRAL INSTITUTE OF TECHNOLOGY ... - CIT, Kokrajhar...

CENTRAL INSTITUTE OF TECHNOLOGY ... - CIT, Kokrajhar...

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AWARD <strong>OF</strong> CONTRACT8. Award Criteria<strong>CIT</strong>, <strong>Kokrajhar</strong> shall award the contract to the eligible BIDDER whose bid has been evaluated oncomposite marks scored on the Technical Bid and Financial Bid submitted by the shortlisted vendors.8.1 The contract shall be awarded to the Bidder who scores the highest Composited Score as per theRanking of the Bidders in SL No. 18 of Section-1.8.2 The Best Value Bid will be the one with the highest Composite Score.8.3 In the event if composite bid scores are tied, the bidder securing the highest technical score willbe adjudicated as the Best Value Bidder for award of the contract, and the one with thenext highest technical score the Second Best Value Bidder.8.4 If more than one BIDDER happens to quote the same lowest price, <strong>CIT</strong>, <strong>Kokrajhar</strong>,reserves the right to award the contract to more than one BIDDER or any BIDDER.9. Purchaser‟s Right to vary Quantities at the time of Award9.1. <strong>CIT</strong>, <strong>Kokrajhar</strong> reserves the right at the time of award of Contract to increase ordecrease the quantity of items specified in the Schedule of Requirements without anychange in price or other terms and conditions.9.2. Firms which have already supplied similar equipment to <strong>CIT</strong>, <strong>Kokrajhar</strong> and havenot completed required installation/commissioning/after sales service/ warrantyreplacements etc. such firms offers will not be considered for further evaluation and noenquiries thereafter will be entertained.10. Corrupt or Fraudulent Practices<strong>CIT</strong>, <strong>Kokrajhar</strong> requires that the BIDDERs who wish to bid for this project have higheststandards of ethics.10.1. <strong>CIT</strong>, <strong>Kokrajhar</strong> will reject a bid if it determines that the BIDDER recommended foraward has engaged in corrupt or fraudulent practices while competing for this contract.10.2. <strong>CIT</strong>, <strong>Kokrajhar</strong> may declare a vendor ineligible, either indefinitely or for a statedduration, to be awarded a contract if it at any time determines that the vendor hasengaged in corrupt and fraudulent practices during the execution of contract11. Interpretation of the clauses in the Tender Document / Contract DocumentIn case of any ambiguity / dispute in the interpretation of any of the clauses in this TenderDocument, Registrar <strong>CIT</strong>, <strong>Kokrajhar</strong>‟s interpretation of the clauses shall be finaland binding on all parties.14

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