Make: Foam Tech
Model: K/10/KG/M/23 | DisqualifiedMSE, MII; Disqualified at financial evaluation: Abnormally Low Rate: The estimated bid value is Rs. 16,00,000,/-.The amount quoted by the bidder is Rs.12,58,378/- lesser from the bid estimated value which is 78% lesser compared to the estimated bid value and the other bidders have quoted nominally to the bid estimated value. Further, the rate quoted by the bidder is abnormal, accordingly the financial committee proposed to obtain the price justification alongwith detailed specification of the fire extinguishers as per the tender document., it is understood that the bidder does not have the required BSI document whereas the other competitive bidders have submitted and considering the sensitive nature and life saving product, the quality of the equipment / product to be procured shall not be compromised and further the rate is abnormal as it is 78% lesser compared to the estimated bid value. The committee is of the opinion to disqualify the bidder financially and proceed further. |