8.1.0 Consideration Of Tenders :
Some of the important points to be kept in mind while tenders are under finalisation are discussed below:
(a) Attempt should always be made to finalize the tenders within the validity of the offer. All tenderers prescribe a definite date (known as validity date of offer) by which if decision is not taken by us, validity of the offer will lapse. As per law of contract, the acceptance of the offer should be out from our office by validity date though it is not necessary that the acceptance of offer should physically reach the supplier before that date.
