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[Cites 0, Cited by 0] [Section 24] [Entire Act]

State of Rajasthan - Subsection

Section 24(2) in Rajasthan Transparency in Public Procurement Rules, 2013

(2)The procedure for request for quotations shall be as under :-
(a)quotations shall be requested from as many potential bidders as practicable, subject to a minimum of three;
(b)each bidder from whom a quotation is requested shall be informed whether any elements other than the charges for the subject matter of the procurement itself, such as any applicable transportation, insurance charges, customs duties, taxes, etc. are to be included in the price.
(c)each bidder shall be permitted to give only one quotation.
(d)the successful quotation shall be the lowest priced quotation meeting the needs of the procuring entity as set out in the request for quotations.