Amendment status not verified — confirm the current text below against the official source.
Evaluation and Acceptance of Tender.- (1) The Tender Accepting Authority shall cause an objective evaluation of the tenders taking into consideration the schedule of rates as mentioned in the tender document and the prevailing market rate for procurement and comparison of the tenders in accordance with the procedure and criteria specified in the tender document. (2) After evaluation and comparison of tenders as specified in sub-section (1), the Tender Accepting Authority shall accept the lowest tender ascertained on the basis of objective and quantifiable factors specified in the tender document and giving relative weights among them: 15 Inserted by the TNTIT (Second Amendment) Act, 2018, (Tamil Nadu Act 17 of 2018), sec. 5 [TNGGE No.136 / 13-08-2018] (w.e.f. 26-06-2018) [TNGGE No.224/26-06-2018 (No. II(2) / FIN / 549(d)/2018.- G.O.Ms. No.206, Finance (Salaries), 26th June 2018]. TAMIL NADU TRANSPARENCY IN TENDERS ACT, 1998. 8 16[Provided that the Tender Accepting Authority shall accept the tender of domestic enterprises, not being the lowest tender, upon satisfaction of such conditions as may be prescribed, in respect only of goods manufactured or produced and services provided or rendered by them, and only to the extent of not exceeding twenty five per cent of the total requirement in that procurement, if such domestic enterprise is willing to match the price of the lowest tender: Provided further that the Tender Accepting Authority shall accept the tender of a department of Government, Public Sector Undertaking, Statutory Board and other similar institutions as may be notified, not being the lowest tender, upon satisfaction of such conditions as may be prescribed, in respect only of goods manufactured or produced and services provided or rendered by them, and only to the extent of not exceeding forty per cent of the total requirement in that procurement, if such tenderer is willing to match the price of the lowest tender: Provided also that in case of a single procurement, the total procurement under the above two provisos shall not exceed forty percent of the total requirement in that procurement.] (3) Notwithstanding anything contained in sub-section (2), if the Tender Accepting Authority decides that the price of the lowest tender is higher with reference to the prevailing market rate or the schedule of rates, 17[the said authority] may negotiate for a reduction of price with that tenderer. (4) If at any time before the acceptance of tender, the Tender Accepting Authority receives information that a tenderer who has submitted tender has been banned by any Procuring Entity, 17[the said authority] shall not accept the tender of that tenderer even if it may be the lowest tender. 16 Added by the TNTIT (Second Amendment) Act, 2018, (Tamil Nadu Act 17 of 2018), sec. 6 [TNGGE No.136 / 13-08-2018] (w.e.f. 26-06-2018) [TNGGE No.224/26-06-2018 (No. II(2) / FIN / 549(d)/2018.- G.O.Ms. No.206, Finance (Salaries), 26th June 2018]. 17 Substituted [for‘he’] in four places by TNTIT (Second Amendment) Act, 2012 (Tamil Nadu Act 31 of 2012) sec.3(i) [TNGGE No.320/15-11-2012] (w.e.f. 07-12-2012) [TNGGE No.342 / 7-12-2012 (No.II(2) / FIN / 815(g)/2012) - G.O.Ms.No.422, Finance (Salaries), 7th Dec.,2012]. TAMIL NADU TRANSPARENCY IN TENDERS ACT, 1998. 9 (5) In case where two or more tenderers quoted the same price, the Tender Accepting Authority shall split the procurement among such tenderers taking into consideration the experience and credentials of such tenderers. Where such splitting is not possible or could not be done equally, 17[the said authority] shall record reasons for the same. (6) If the Tender Accepting Authority proposes to accept the tender as per the provisions of this section, 17[the said authority] shall pass orders accepting the tender together with reasons for such acceptance: 18[Provided that if the tenderer is unable to supply the entire quantity required, the Tender Accepting Authority may follow the fixed rate contract procedure as may be prescribed.] (7) The Tender Accepting Authority shall intimate the information regarding the name and address of the tenderer whose tender has been accepted along with the reasons for rejection of other tenders to the appropriate Tender Bulletin Officers.