Lawyer signing legal documents

Client Query 065:- Hello, hope your day is going well? Wanted to ask that what course of action will be adopted by the procuring agency when the lowest quoted price exceed the cost estimated and market value of the bid?

 

 

Naeem Hassan, USA

 

Answer:- Thank you for writing to us. As per your query, the answer to it is this that the tender is to be awarded to the lowest evaluated bidder as per criteria defined in bidding documents, however, if the procuring agency feels that the bid is exorbitant, Rule 33 of Public Procurement Rules, 2004 may be invoked. Hope this answers your query!

If you wish to inquire anything else you may set up an appointment with our extremely competent team of lawyers and visit our office which is located at GF-13, Tower A, The Centaurus, Islamabad, Pakistan.

You can also reach us at 0092-300-5075993

 

By The Josh and Mak Team

If you are reading this, chances are we will become your favourite virtual law firm at some point. In an economy where businesses have lost their strategic edge and are forced to reconsider their traditional concepts of consulting bricks and mortar law firms, which bill by the minute, we can provide you with affordable quality legal advice, delivered anywhere in the world. Since 2010, our firm has already pioneered and adopted the concept of honest and practical legal advice, delivered straight to your email inbox. In the post Covid19 era, working with the Josh and Mak Team means that, you will get the same commitment, discipline and work ethic, without the heavy Bricks and Mortar and the financial baggage which comes with the latter. Let your choice to work with Josh and Mak International become your unfair strategic advantage over your business competitors of the past, present and the future!

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