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[Cites 0, Cited by 0] [Section 29A] [Entire Act]

State of Tamilnadu - Subsection

Section 29A(1) in Tamil Nadu Transparency In Tenders Rules, 2000

(1)The Tender Accepting Authority may reject a tender, if it has determined that the financial bid in combination with other constituent elements of the tender is abnormally low or abnormally high in relation to the subject matter of the procurement and raises concerns with such authority as to the ability of the tenderer to perform the contract.