https://www.taxtmi.com/caselaws?id=438266 Tender evaluation may reject bids supported by financial records that are not duly authenticated and verifiable, where the tender requires audited balance-sheets, profit and loss accounts, and a Chartered Accountant's certificate to establish average turnover. The Technical Evaluation Committee was entitled to rely only on documents capable of verification from its own office and was not bound to make independent enquiries from external departments. Because the relevant tax audit reports did not bear UDIN, as required by the professional notification issued on 02.08.2019, the committee could treat them as unreliable for evaluation. The challenge to the rejection of the technical bids therefore failed. en-us Wed, 24 May 2023 00:00:00 +0530 Fri, 26 May 2023 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438266 Tender evaluation may reject bids supported by financial records that are not duly authenticated and verifiable, where the tender requires audited balance-sheets, profit and loss accounts, and a Chartered Accountant's certificate to establish average turnover. The Technical Evaluation Committee was entitled to rely only on documents capable of verification from its own office and was not bound to make independent enquiries from external departments. Because the relevant tax audit reports did not bear UDIN, as required by the professional notification issued on 02.08.2019, the committee could treat them as unreliable for evaluation. The challenge to the rejection of the technical bids therefore failed. Case-Laws Indian Laws Wed, 24 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438266