regard to the reverse
bidding and there is no provision or bar relating reverse bidding.
(j) The TANGEDCO follows the reverse auction process for
more ... reverse bidding. For ready reference, the procedure for e-reverse
auction, as detailed in Exhibit-VI, is reproduced below:
“2. E-TENDER AND E-REVERSE
reduced price) or through another mode prescribed i.e.,
through "Reverse Auction" amongst the L-1 bidder through Online
mode.
NEUTRAL CITATION ... have quoted identical lowest bid price, Buyer has to
conduct Reverse Auction for the required Goods among
all technically qualified bidders in case of bids
auction, opening and closing
of the option and Norms for conduct of the
auction."
(13) He says that in the process of Reverse Auction ... auction, opening
and closing of the auction, a well defined norms for conduct of
the auction, would be the prerequisite of the Reverse Auction
through the Non-Reverse
(Non-RA) process and direct the respondents to
issue the new tenders for the same using Reverse
auction bidding process ... Reverse Auction (RA) Process in which the lowest
bidders further go through the process of auction and the lowest
auctioneer would be awarded the Tender
respondent No.1 invited the petitioner to participate in
the reverse auction process, which was scheduled to
commence on 21st October ... conclude
by 12:00 p.m. on 25th October 2023. The reverse auction
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hold the re - run of the reverse auction
in respect of Group-A of Tender no. PLM/CCCPL/23/15 dated 22nd May,
2023 which ... Petitioner states that after conducting
the first round of reverse auction from 06th October to 10th October, 2023,
the Respondents decided to conduct a second
Clause 20.1 of the tender document talks about the
reverse bidding. The reverse auction was set forth in the third
stage, which occurs after ... financial bidding is opened and
L1 is determined. In the said reverse auction, all the
technically and financially qualified bidders, including the
highest bidder
single stage
two envelops bidding process, followed by the E-Reverse Auction Process,
adopted by the APDCL for the award of the Projects ... Successful Bidder in the Price Bid followed by E-Reverse Auction, as per the terms
and conditions of the Power Purchase Agreement
Services (GTC), Service Specific Terms and Conditions (STC) and the
BID/Reverse Auction Specific Additional Terms and Conditions (ATC) as specified
by the buyer ... Particular Service including its SLA
(Service Level Agreement) and BID/Reverse Auction Specific Additional Terms
and Conditions (ATC) as applicable).
The "general terms
through Global E-Tender followed by E-Reverse
Auction under variable Price Mechanism as and when required basis for
NCTPS – III and consequently, direct ... through Global E-Tender followed by
E-Reverse Auction under variable Price Mechanism as and when required
