Counter Offer
(Most
important short notes question for General expenditure paper)
In
simple terms
·
'A' makes an offer to sell his car to 'B' at a
price of Rs.3 lakhs. B gives acceptance
conditionally saying that he wants to purchase that car at Rs.2.5 lakhs. This conditional acceptance is not valid,
hence there is no contract. This is
nothing but, B's counter offer to A.
·
That means conditional acceptance or partial acceptance is none
other than called as Counter Offer.
In
Railways
·
In cases
where the overall value of L-1 is reasonably good, but the rates(s) for certain
item(s) in a schedule happen to be higher than those quoted by other tenderers
in the same tender or higher than the last accepted rates,
·
the
method of counter offering the lower rates(s)
obtained in the same tender considered reasonable by Tender Committee may be
adopted while finalizing the tender.
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