Amendment status not verified — confirm the current text below against the official source.
Right of the Board to determine the contents of the bidding documents – (1) The Board shall at all times retain with itself the right to determine the contents of the bidding documents including but not limited to the qualification criteria for the persons other than the proposer who intend to participate in the reverse public bidding process. Section 37 (2) read with Section 24(1)&(2) (v) Section 37 (3) read with Section 24(1)&(2) (v) Section 37(1)& (3) read with Section 24(1)&(2)( v) PUNJAB GOVT. GAZ. (EXTRA.), JULY 9, 2002 (ASAR 18, 1924 SAKA) 73 (2) The Board shall specify the amount of the proposal security required to be submitted by the persons other than the proposer of the unsolicited proposal who intend to participate in the bidding process, provided however the amount of the proposal security required to be submitted by such persons shall under no circumstances be more than half the total amount of the proposal security submitted by the proposer of the unsolicited proposal. (3) The Board shall specify the amount of the performance security which shall be required to be submitted by the selected bidder, whether such selected bidder is the proposer of the unsolicited proposal or any other person.