Supreme Court · 2011 INSC 354 · Decided 5 May 2011

Larsen and Toubro LTD. & ANR. v. Union of India & ORS.

Court
Supreme Court of India
Citation
2011 INSC 354 · [2011] 5 S.C.R. 1127
Case number
SPECIAL LEAVE PETITION (CIVIL) No. 27217/2010
Decided
5 May 2011
Bench
ALTAMAS KABIR, CYRIAC JOSEPH (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Constitution Article 14

Headnote

A B Government Contracts - Bid - Request For Proposal sent to bidders for supply of Fast Patrol Vessels - Tender condition that the price was to be firm and fixed for the entire C duration of the contract and not subject to escalation - Petitioner No.1, lowest bidder claiming the benefit of without specifying the foreign · currency - Respondent No. 4, second lowest bidder indicating a firm rate of exchange as on the date of opening of the o commercial bid - Subsequently, petitioner No. 1 amending its bid by withdrawing its initial offer and offering the quoted price without

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