State Act
25
Section 25. Speculative bids.
The Telangana Infrastructure Development Enabling Act, 2001.
Act no. 36 of 20012001In forceTelangana (State Act)
25. The Government Agency or the Local Authority with the approval of the Infrastructure Authority will be entitled to treat the speculative or unrealistic bids as non-responsive and reject the same. By reason of any speculation or unrealistic bid or rejection of such bid, shall not necessarily lead to termination of the bid process. The Infrastructure Authority will prescribe the norms for determining the speculative or unrealistic bids.