Common use of Evaluation Methodology Clause in Contracts

Evaluation Methodology. (1) Methodology for Evaluation and Award shall also include price evaluation based on overall lowest evaluated price (L-1) basis. (2) The evaluated price of bidders shall include the following: (i) Ex-works price quoted by the bidder (including packing, forwarding, and GST on components and raw materials but excluding Inland Transportation to Delivery Location) including cost of Inspection by Third Party Agency, mandatory spares etc. (wherever applicable). (ii) Inland transportation up to Delivery location and other costs incidental to delivery of goods (iii) GST (CGST & SGST/UTGST or IGST) on the finished goods including inland transportation (i.e. on sl. no. i and ii above)

Appears in 2 contracts

Sources: E Tender Document, Tender Agreement