Amendment status not verified — confirm the current text below against the official source.
1[Negotiation may] be resorted to when there is only one bidder complying with the stipulated pre-qualification conditions (hereinafter referred to as the “Complying Bidder”) as defined hereunder:- 1Substituted for words “Negotiation shall” by Punjab Act No. 22 of 2003, Section 17 Negotiations of contracts. (i) if after advertisement, only one concessionaire applied for pre- qualification and it meets the pre-qualification requirements; (ii) if after advertisement, more than one concessionaire applied for pre- qualification, but only one meets the pre-qualification requirements; (iii) if after pre-qualification of more than one concessionaires, only one submits a bid; and (iv) if after pre-qualification, more than one concessionaires submit bids, but only one is found by the Board to be Complying Bidder: Provided that, any of the aggrieved disqualified bidder may, within a period of fifteen days from the date of decision of the Board, file appeal to the Authority and the same shall be decided by the Authority within a period of twenty-one days from the date of filing of the appeal.