Make: VEPL BLENDER 1
Model: VEPL BLENDER-1
Title: EMULSION BLENDER | DisqualifiedMSE, MII, Category: General; Disqualified at financial evaluation: Abnormally Low Rate: The L1 bidder (as per GeM) has quoted amount of Rs. 14,16,000.00 (inclusive of GST), L2 bidder (as per GeM) has quoted amount of Rs. 13,00,000.10 (inclusive of GST), which clearly shows L-2 bidder has quoted lowest among two the bidders. On investigating the reason of L2 bidder not being L1 bidder despite being the fact they have quoted lowest rate, it was found the in bid of L-1 rate has additional column of ITC included, which decreases the overall rate. Since, ITC is claimed by company on all the paid GST, ITC should be applicable to all parties. Therefore, on final evaluation L-2 bidder M/s GMP SYSTECH ENGINEERING PVT. LTD with quoted rate of Rs. 13,00,000/- (inclusive of GST) shall be awarded with contract despite the fact that L-1 bidder is other party. |