Amendment status not verified — confirm the current text below against the official source.
In case the competitive bidding process does not generate sufficient response and if even a Sole Bid is not received, then the Government Agency or the Local Authority shall in consultation with the Infrastructure Authority either,- (i) modify either the pre-qualification criteria and/or the risk sharing provisions and restart the bid process; or (ii) may cancel the competitive bid process; or (iii) in case of (ii) above, may have direct negotiation with any Private Sector Participant. Treatment of Sole Bid. Treatment of limited response. 24 [Act No.36 of 2001]