Custom Bid for Services - REMOULDING WORK OF CMC ROAD TROLLEY WHEELS OF 3TON & 6TON CAPACITY AT BHEL

MSE, Category: General; Disqualified at financial evaluation: Abnormally Low Rate: Upon evaluation of the price bids, the initial L1 offer was identified as an Abnormally Low Bid (ALB) and deemed unviable for the specified scope of work. In accordance with GeM guidelines, a formal price justification was sought from the vendor; the vendor replied that,the work is unviable at their quoted rate due to an inadvertent pricing oversight. Consequently, the initial L1 bid is being rejected on the GeM portal. As per the GeM Reranking Policy, the L2 bidder is hereby designated as the Revised L1 Vendor.