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[Cites 0, Cited by 0] [Section 25] [Entire Act]

State of Karnataka - Subsection

Section 25(2) in Karnataka Transparency in Public Procurements Rules, 2000

(2)In determining the lowest evaluated price, the following factors shall be considered, namely:-
(a)the quoted price shall be corrected for arithmetical errors;
(b)In case of discrepancy between the prices quoted in words and in figures, lower of the two shall be considered;
(c)adjustments to the price quoted shall be made for deviations in the commercial conditions such as the delivery schedules. and minor variations in the payment terms which are quantifiable but deemed to be non-material in the context of the particular tender;
(d)The evaluation shall include all central duties such as customs duty and central excise duty inclusive of local levies as a part of the price.
(e)In the case of purchase of equipment, the operation and maintenance and spare part costs for appropriate periods as may be specified in bid documents may be quantified, where practicable and considered.