Abnormally low tenders definition

Abnormally low tenders means those tenders falling under the conditions of article 88 of Law 4412/2016. In case the Tender Committee establishes that any of the financial tenders is abnormally low, the Committee shall ask the candidate economic operator who has submitted the above tender to submit, within an exclusive deadline of ten (10) days maximum from the relevant notice, adequate documentation from which the amount of the submitted tender shall be deduced and justified.

Examples of Abnormally low tenders in a sentence

  • And e) If there is a discrepancy between words and figures, the amount in words shall prevail f) Abnormally low tenders, abnormally high tenders or any other indications of potential bid rigging practices, and tenders that are front loaded.

  • Evaluation ofTenders 2036.0 Comparison of tenders 2037.0 Abnormally low tenders and abnormally high tenders 20Abnormally LowTenders 20Abnormally high tenders 2038.0 Unbalanced and/or front-loaded tenders 2139.0 Qualifications of the tenderer 2140.0 Lowest evaluated tender 2141.0 Procuring entity's right to accept any tender, and to reject any or all tenders 21F.

  • The provisions of PCR Regulations 68, Life-cycle costing and 69, Abnormally low tenders are designed to support contracting authorities to assess the best overall bid.

  • Evaluation ofTenders 2036.0 Comparison of tenders 2037.0 Abnormally low tenders and abnormally high tenders 20Abnormally LowTenders 20Abnormally high tenders 2038.0 Unbalanced and/or front-loaded tenders 2139.0 Qualifications of the tenderer 2140.0 Lowest evaluated tender 2141.0 Procuring entity's right to accept any tender, and to reject any or all tenders 21F.

  • Table 1: Quantity of Public Works Tenders for 3 years Quantity/Years Abnormally low tenders are occasionally seen in lump-sum type contracts in open procedures.

  • Abnormally low tenders and state aid‌ One of the explanations for the submission of a tender with a low price or low costs may be that the economic operator benefits from state aid.

  • The EU is interested to further exchange views with Japan on:- Abnormally low tenders;- Green Procurement.

  • Physical changes to the plant, including inventory limits and changes of location for hazardous chemicals, are evaluated in accordance with the requirements of 10 CFR 70.72.

  • The Procuring Entity will start by examining all tenders to ensure they meet in all respects the eligibility criteria and other requirements in the ITT, and that the tender is complete in all aspects in meeting the requirements of “Part2–Procuring Entity's Insurance Requirements”, including checking for tenders with unacceptable errors, Abnormally low tenders, abnormally high tenders and tenders that are incomplete.

  • Abnormally low tenders remain a serious problem in the European Union, especially since some public authorities still seem to underestimate the hazards related to choosing an abnormally low tender for example in terms of lower quality, non-performance, extra costs or the avoidance of social, labour and environmental obligations.

Related to Abnormally low tenders

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