DisqualifiedMSE, Category: General; Disqualified at financial evaluation: Abnormally Low Rate: This is to inform you that your bid submitted for the above-referenced tender has been reviewed in detail. Upon evaluation, it has been observed that the price quoted by you is excessively low and unworkable to execute the scope of work as per the tender specifications. Further, you have submitted a written declaration on your official letterhead, stating your inability to execute the work at the quoted rate. As per GeM guidelines and tender criteria, a bid that is unworkably low and accompanied by the bidder’s written refusal to proceed with the work is grounds for disqualification. Accordingly, your bid is hereby disqualified, and further consideration of the same stands cancelled. Thank you for your participation. |