- For purchasing high value plant, machinery etc. of a complex and technical nature, bids may be obtained in two parts as under:-(a)Technical bid consisting of all technical details alongwith commercial terms and conditions; and(b)Financial bid indicating item-wise price for the items mentioned in the technical bid.The technical bid and the financial bid should be sealed by the bidder in separate covers duly superscribed and both these sealed covers are to be put in a bigger cover which should also be sealed and duly superscribed.The technical bids are to be opened by the purchasing Department at the first instance and evaluated by a competent committee or authority. At the second stage financial bids of only the technically acceptable offers should be opened for further evaluation and ranking before awarding the contract.
