Evaluation & Tabulation of Financial Bids Sample Clauses

Evaluation & Tabulation of Financial Bids. Subject to the provisions of “Acceptance of Successful Bid and Award of Contract” below, the procuring entity shall take following actions for evaluation of financial Bids:- a) the financial Bids of the bidders who qualified in technical evaluation shall be opened online at the notified time, date and place by the bid evaluation committee in the presence of the bidders or their representatives who choose to be present; b) the process of opening of the financial Bids shall be similar to that of technical Bids. c) the names of the bidders, the rates given by them and conditions put, if any, shall be read out and recorded; d) conditional Bids are liable to be rejected; e) the evaluation shall include all costs and all taxes and duties applicable to the bidder as per law of the Central/ State Government/ Local Authorities, and the evaluation criteria specified in the bidding documents shall only be applied; f) the offers shall be evaluated and marked L1, L2, L3 etc. L1 being the lowest offer and then others in ascending order. g) the bid evaluation committee shall prepare a comparative statement in tabular form in accordance with rules along with its report on evaluation of financial Bids and recommend the lowest offer for acceptance to the procuring entity, if price is the only criterion, or most advantageous Bid in other case; h) The members of bids evaluation committee shall give their recommendations below the table regarding lowest Bid or most advantageous Bid and sign it. i) it shall be ensured that the offer recommended for sanction is justifiable looking to the prevailing market rates of the goods, works or service required to be procured.
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Evaluation & Tabulation of Financial Bids. Subject to the provisions of “Acceptance of Successful Bid and Award of Contract” below, the procuring entity shall take following actions for evaluation of financial Bids:- a) The financial Bids of the bidders who qualified in technical evaluation shall be opened online at the notified time, date and place by the bid evaluation committee in the presence of the bidders or their representatives who choose to be present; b) the process of opening of the financial Bids shall be similar to that of technical Bids. c) conditional Bids are liable to be rejected; d) In order to decide the L1 bidder, NPV (Net Present Value) shall be calculated as below: The Financial bid (BoQ.xls) shall have following 5 price components. CAPEX = Total Cost of items with one year warranty/support. O&M.1 = Total Cost of Warranty/ AMC for 4 Years (16 Qtrs) O&M.2 = Total Cost for Operational Services for 2 Years (8 Qtrs) A = Total Amount as per Table C of the Financial Bid B = Total Amount as per Table D of the Financial Bid Considering as following:- 1) Price quoted under CAPEX.1 of BoQ= C 2) ▇▇▇▇▇ quoted for O&M.1 = Warranty cost from Q5 to Q20 (i.e. 16 Qtrs) = D 3) ▇▇▇▇▇ quoted for O&M.2 = Operational Services from Q1 to Q8 (i.e. 8 Qtrs) = E 4) Immediate Payment to be made (CAPEX) from BoQ = 80% of C= F 5) CAPEX Payment withheld with tendering authority = 20% of C= G 6) Quarterly Payment Amount for O&M.1= (D/16)= H
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Evaluation & Tabulation of Financial Bids. Subject to the provisions of “Acceptance of Successful Bid and Award of Rate Contract” below, the procuring entity shall take following actions for evaluation of financial Bids:- a) the financial Bids of the bidders who qualified in technical evaluation shall be opened online at the notified time, date and place by the bid evaluation committee in the presence of the bidders or their representatives who choose to be present; b) the process of opening of the financial Bids shall be similar to that of technical Bids. c) conditional Bids are liable to be rejected; d) In order to decide L1 for each category, Grand Total for each category (A to G) below shall be considered to arrive at L1 bidder for each Category: A. Delivery Charges Rate for Standard Delivery Channel within Rajasthan [In Rupees]* Distance from Pick Up Point** Upto 500 gms*** [Column a] Additional 1 Kg there of [Column b] Total [Column c] Within City [Column a + Column b] Within District [Column a + Column b] Within State [Column a + Column b] Grand Total [Sum of Column c] B. Delivery Charges Rate for Bulk Delivery Channel within Rajasthan [In Rupees] * Distance from Pick Up Point** Upto 10 Kgs*** [Column a] Additional > 1 Kg there of [Column b] Total [Column c] Within City [Column a + Column b] Within District [Column a + Column b] Within State [Column a + Column b] Grand Total [Sum of Column c] Fuel Surcharge Insurance Charge Docket Charges OR Any other Component, If Applicable Final RFP-Rate Contract for Selection of Logistic Partner for e-Bazaar **Pick up point will be store/office/warehouse of seller/logistic partner / local vendor depending on the order assigned. ***Weight includes the weight of product with basic packaging. ****Minimum 300 pin codes within Rajasthan should be covered without ODA charges. C. Delivery Charges Rate for Standard Delivery Channel Across India [In Rupees] ** Destination Upto 500 gms** [Column a] Additional 1 Kg there of [Column b] Total [Column c] Metro City [Column a + Column b] Rest Of India [Column a + Column b] North East , J&K [Column a + Column b] Grand Total [Sum of Column c] D. Delivery Charges Rate for Bulk Delivery Channel Across [In Rupees] ** Destination Upto 10 Kgs** [Column a] Additional > 1 Kg there of [Column b] Total [Column c] Metro City [Column a + Column b] Rest Of India [Column a + Column b] North East , J&K [Column a + Column b] Grand Total [Sum of Column c] Fuel Surcharge Insurance Charge Docket Charges OR Any other Component, If Applicab...
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Evaluation & Tabulation of Financial Bids. Subject to the provisions of “Acceptance of Successful Bid and Award of Rate Contract” below, the procuring entity shall take following actions for evaluation of financial Bids:- a) the financial Bids of the bidders who qualified in technical evaluation shall be opened online at the notified time, date and place by the bid evaluation committee in the presence of the bidders or their representatives who choose to be present; b) the process of opening of the financial Bids shall be similar to that of technical Bids. c) conditional Bids are liable to be rejected; d) the evaluation shall include all costs and all taxes and duties applicable to the bidder as per law of the Central/ State Government/ Local Authorities, and the evaluation criteria specified in the bidding documents shall only be applied; e) the bid evaluation committee shall prepare a comparative statement in tabular form in accordance with rules along with its report on evaluation of financial Bids .
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Evaluation & Tabulation of Financial Bids. Subject to the provisions of (Acceptance of Successful Bid and Award of Contract) below, the procuring entity shall take following actions for evaluation of financial bids:- a) the financial bids of the bidders who qualified in technical evaluation shall be opened at the notified time, date and place by the bid evaluation committee in the presence of the bidders or their representatives who choose to be present>; b) the process of opening, marking and signing on the financial bids shall be as prescribed in
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Evaluation & Tabulation of Financial Bids. Subject to the provisions of “Acceptance of Successful Bid and Award of Rate Contract” below, the procuring entity shall take following actions for evaluation of financial Bids:- a) the financial Bids of the bidders who qualified in technical evaluation shall be opened online at the notified time, date and place by the bid evaluation committee in the presence of the bidders or their representatives who choose to be present; b) the process of opening of the financial Bids shall be similar to that of technical Bids. c) conditional Bids are liable to be rejected; d) In order to decide L1 for each delivery channel, weighted Total and Grand Total shall be calculated as per below formula:
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Evaluation & Tabulation of Financial Bids. Subject to the provisions of “Acceptance of Successful Bid and Award of Contract” below, the procuring entity shall take following actions for evaluation of financial Bid: - a) For two part/ cover Bid system, the financial Bids of the bidder who qualified in technical evaluation shall be opened online at the notified time, date and place by the bid evaluation committee in the presence of the bidder or their representatives who choose to be present; b) conditional Bids are liable to be rejected; c) the evaluation shall include all costs and all taxes and duties applicable to the bidder as per law of the Central/ State Government/ Local Authorities, and the evaluation criteria specified in the bidding documents shall only be applied; d) the offers shall be evaluated by the committee before and after negotiations, as the case may be. e) The members of bids evaluation committee shall give their recommendations below the table regarding acceptance of the Bid and sign it. f) it shall be ensured that the offer recommended for sanction is justifiable looking to the prevailing market rates of the goods, works or services required to be procured.
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Evaluation & Tabulation of Financial Bids. Subject to the provisions of “Acceptance of Successful Bid and Award of Contract” below, the procuring entity shall take following actions for evaluation of financial Bids:- a) The financial Bids of the bidders who qualified in technical evaluation shall be opened online at the notified time, date and place by the bid evaluation committee in the presence of the bidders or their representatives who choose to be present; b) the process of opening of the financial Bids shall be similar to that of technical Bids. c) conditional Bids are liable to be rejected; d) the evaluation shall include all costs and all taxes and duties applicable to the bidder as per law of the Central/ State Government/ Local Authorities, and the evaluation criteria specified in the bidding documents shall only be applied; e) the offers shall be evaluated and marked L1, L2, L3 etc. L1 being the lowest offer and then others in ascending order in case price is the only criteria. f) the bid evaluation committee shall prepare a comparative statement in tabular form in accordance with rules along with its report on evaluation of financial Bids and recommend the lowest offer for acceptance to the procuring entity, if price is the only criterion, or most advantageous Bid in other case; g) The members of bids evaluation committee shall give their recommendations below the table regarding lowest Bid or most advantageous Bid and sign it. h) it shall be ensured that the offer recommended for sanction is justifiable looking to the prevailing market rates of the goods, works or service required to be procured.
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Evaluation & Tabulation of Financial Bids. Subject to the provisions of “Acceptance of Successful Bid and Award of Contract” below, the procuring entity shall take following actions for evaluation of Financial Bid:- a) Conditional bid is liable to be rejected; b) the evaluation shall include all costs and all taxes and duties applicable to the bidder as per law of the Central/ State Government/ Local Authorities, and the evaluation criteria specified in the bidding document shall only be applied; c) the offers shall be evaluated by the committee before and after negotiations, as the case may be. d) The members of bids evaluation committee shall give their recommendations below the table regarding the Bid and sign it. e) it shall be ensured that the offer recommended for sanction is justifiable looking to the prevailing market rates of the goods, works or service required to be procured.
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Related to Evaluation & Tabulation of Financial Bids

  • Financial Management; Financial Reports; Audits 1. The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.07 of the Standard Conditions. 2. The Recipient shall ensure that interim unaudited financial reports for the Project are prepared and furnished to the World Bank not later than forty five (45) days after the end of each calendar quarter, covering the quarter, in form and substance satisfactory to the World Bank. 3. The Recipient shall have its Financial Statements for the Project audited in accordance with the provisions of Section 2.07(b) of the Standard Conditions. Each such audit of the Financial Statements shall cover the period of one fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the World Bank not later than six (6) months after the end of such period.

  • Financial Statements; Non-GAAP Financial Measures The financial statements included or incorporated by reference in the Registration Statement and the Prospectus, together with the related schedules and notes, present fairly in all material respects the consolidated financial position of the Company and the respective entities to which such financial statements relate (the “Covered Entities”) at the dates indicated and the consolidated statements of operations, stockholders’ equity (deficit) and cash flows of the Covered Entities for the periods specified; said financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) applied on a consistent basis throughout the periods involved. The supporting schedules, if any, present fairly in all material respects in accordance with GAAP the information required to be stated therein. The selected financial data and the summary financial information included in the Registration Statement and the Prospectus present fairly in all material respects the information shown therein and have been compiled on a basis consistent with that of the audited financial statements included therein. Any pro forma financial statements and the related notes thereto included in the Registration Statement and the Prospectus present fairly in all material respects the information shown therein, have been prepared in accordance with the Commission’s rules and guidelines with respect to pro forma financial statements and have been properly compiled on the bases described therein, and the assumptions used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give effect to the transactions and circumstances referred to therein. Except as included therein, no historical or pro forma financial statements or supporting schedules are required to be included or incorporated by reference in the Registration Statement or the Prospectus under the Securities Act. All disclosures contained in the Registration Statement or the Prospectus, or incorporated by reference, regarding “non-GAAP financial measures” (as such term is defined by the rules and regulations of the Commission) comply in all material respects with Regulation G of the Exchange Act and Item 10 of Regulation S-K of the Securities Act, to the extent applicable. The interactive data in Inline eXtensible Business Reporting Language incorporated by reference in the Registration Statement and the Prospectus, if any, fairly present the information called for in all material respects and has been prepared in accordance with the Commission’s rules and guidelines applicable thereto.

  • Accounting Methods and Financial Records Maintain a system of accounting, and keep such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

  • Standards of Financial Statements Cause all financial statements referred to in Sections 9.7, 9.8, 9.9, 9.10, 9.11, 9.12, 9.13 and 9.14 as to which GAAP is applicable to be complete and correct in all material respects (subject, in the case of interim financial statements, to normal year-end audit adjustments) and to be prepared in reasonable detail and in accordance with GAAP applied consistently throughout the periods reflected therein (except as concurred in by such reporting accountants or officer, as the case may be, and disclosed therein).

  • Financial Management, Financial Reports and Audits 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association not later than forty-five (45) days after the end of each calendar quarter, interim unaudited financial reports for the Project covering the quarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.