Common use of Special Conditions Relating to Selection of Preferred Bidder Clause in Contracts

Special Conditions Relating to Selection of Preferred Bidder. In the event that two or more Bidders offer the same Initial “Base Annual Lease Rentals ’’, TSRTC may: 1. call all such bidders for re-submission of the Price Bids and select the Preferred Bidder accordingly . or 2. Take any such measure as may be deemed fit in the sole discretion of TSRTC.

Appears in 3 contracts

Sources: Request for Proposal (Rfp), Request for Proposal (Rfp), Request for Proposal (Rfp)