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[Cites 0, Cited by 0] [Section 12] [Entire Act]

State of Bihar - Subsection

Section 12(iii) in Bihar Electricity Regulatory Commission (Appointment of Consultants) Regulations, 2005

(iii)The proposal with lowest quoted price will be given a financial score of 100 and other proposals given financial scores that are inversely proportional to their quoted prices.