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In a global tender for technology item, whether to offer actual prices or to offer low prices to oust any other offerer trying to enter the business.

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Question added by Anupam Sharma , Chief Financial Officer , Plasser India Pvt. Ltd.
Date Posted: 2014/07/10
Ambedkar Mikkili
by Ambedkar Mikkili , OFFICER , BRILLIANT BIO PHARMA PRIVATE LIMITED

Price are secondary. Technical compilation of data is mandated for TENDER EVALUATION. Once, the participant meets user requirement, ultimately accept the prices also.

From: Ambedkar Mikkili

Zandra Danielle Clark
by Zandra Danielle Clark , Senior Proposal Officer , GCC SERVICES

It is best to understand the technical and commercial criteria of the tender, though in most cases, a technically compliant and lowest commercial bid is the basis of an award.

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