DisqualifiedMSE, Category: General; Disqualified at financial evaluation: Abnormally Low Rate: It was observed that the price quoted by L1 bidder was quite low as compared to prevailing market rates. In line with the advisory available on GeM regarding abnormally low bids, GeM provides for an option of disqualifying a seller financially after raising price justification request from seller. The price justification was sought from the L1 bidder and in turn the L1 bidder has submitted as under: “We M/s BPMV Business Solution Pvt. Ltd. are writing you to kindly award the work order to L-2 or any bidder of your choice as we will not be able to do the work as the quotation submitted by us is of inappropriate value and all of this was done due to human error on behalf of our new staff. Kindly cancel our bid and do the needful as we will not be able to do this work.” The L1 bidder has refused to give the services on his quoted price due to abnormally low rates quoted mistakenly. As such, this office has taken a decision to disqualify the bidder. |