Alternative Offer

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Alternative Offer

Post by lux130000 on Tue Sep 13, 2011 6:06 pm

Stated under the Bidding Documents ITB Clause 14 Alternative Bids shall be rejected. For this purpose, alternative bid is an offer made by a Bidder in addition or as a substitute to its original bid which may be included as part of its original bid or submitted separately therewith for purposes of bidding. A bid with options is considered an alternative bid regardless of whether said bid proposal is contained in a single envelope or submitted in two (2) or more separate bid envelopes Does this mean that the bid is totally rejected/considered failed? Including its original bid?
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