What is Fall Clause?

clause fall
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Asked

What is Fall Clause?

8

The bidder undertakes that he has not supplied/is not supplying the similar systems at a price lower than that offered in the present bid in respect of any other Ministry/Department of the Govt of India and if it is found at any stage that the similar system was supplied by the bidder to any other Ministry/ Department at a lower price, then that very price, with due allowance for elapsed time, will be applicable to the present case and the difference in the cost would be refunded by the bidder to the buyer.