Amendment status not verified — confirm the current text below against the official source.
Minimum time for submission of tenders.- (1) The Tender Inviting Authority shall ensure that adequate time is provided for the submission of tenders and a minimum time is allowed between date of publication of the Notice Inviting Tenders in the relevant Tender Bulletin or in the newspapers whichever is later and the last date for submission of tenders. This minimum period shall be as follows.- (a) for tenders upto rupees two crores in value, fifteen days; and (b) for tenders in excess of rupees two crores in value, thirty days. (2) Any reduction in the time stipulated as per sub-rule (1) has to be specifically authorized by an authority superior to the Tender Inviting Authority for reasons to be recorded in writing. 34[20-A. Withdrawal of Tenders Before Opening:- (1) No tenderer shall be allowed to withdraw the tenders after submitting the tender. (2) A Tenderer may submit a modified tender before the last date for receipt of tender: Provided that where more than one tender is submitted by the same tenderer, the lowest eligible financial tender shall be considered for evaluation.] 33 Added by Amt. No.(9) [TNGGE No.345 / 11-12-2012 (No.SRO.A-36(a)/2012) - G.O.Ms.No.425 / 11th December, 2012]. 34 Added by Amt. No.(10) [TNGGE No.345 / 11-12-2012 (No.SRO.A-36(a)/2012) - G.O.Ms.No.425 / 11th December, 2012]. TAMIL NADU TRANSPARENCY IN TENDERS RULES, 2000. 34