bid security typographical error

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bid security typographical error

Post by bicolanoscientist on Thu Apr 30, 2015 3:48 pm

Good day, our BAC secretariat accidentally made a mistake. The bid security amount was less than what is supposed to be. During the opening of bids, we found out that one bidder based his computation on the error. We admitted that it was a typographical error and the blame was on us. Is the bidder still eligible for post qualification? if yes or no, can you please state the provision on whether the bidder is still eligible or not.

Thank you!

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