Q
The term 'lowest evaluated bid' was replaced by 'most advantageous bid' vide:
-
A
SRO 442(I)/2020 dated 15th May, 2020
-
B
SRO 432(I)/2004 dated 9th June, 2004
-
C
SRO 834(I)/2021 dated 28th June, 2021
-
D
SRO 1241(I)/2006 dated 13th December, 2006
Correct Answer:
A. SRO 442(I)/2020 dated 15th May, 2020
Explanation:
2020 amendment. Most advantageous bid = substantially responsive + highest ranked on cost/quality/qualification or combination.