(1.) THE two questions posed for an answer relate to the interpretation of the price bid made by the Petitioner (Arraycom) and the extent of judicial review in the event of a misinterpretation of its bid. We agree with Arraycom that its bid placed a ceiling on the price quoted and that a contrary interpretation by prasar Bharati could invite judicial review.
(2.) RESPONDENT No. 2 (Prasar Bharati) issued a Notice Inviting Tender (NIT)on 20th October, 2006 for the supply of two transmitters of 1000 KW (or 1 MW)each. The bidding was a two-stage process involving a technical bid and a financial bid. There is no dispute that the Petitioner (Arraycom) and Respondent no. 3 (BECIL) were both technically qualified.
(3.) THE quotation given by BECIL was for Rs. 47. 35 crores and it was stated that: