1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 4081 of 2010 M/s. Wardmond Elevators ....Petitioner Vs. City and Industrial Development Corporation Ltd. & anr. ....Respondents Mr. Mandar Limaye for the petitioner. Mr. S.R. Nargolkar-GP for respondent no.2. Mr. A.M.Kulkarni, advocate for respondent no.1. CORAM:- A.M.KHANWILKAR AND R.M.SAVANT, JJ DATED:- MAY 07, 2010 P.C. Not on Board. Upon production taken on Board. 2. The only contention raised before us is that once the tender was opened, it was not permissible for the Respondents to call upon the parties to submit revised offer in the sealed cover specially having noticed that the offer given by the Petitioner was the lowest amongst the participating bidders. According to the Petitioners, this action of the Respondents which is noticed from communication dated 4th May, 2010 issued under the signature of Additional 2 Chief Engineer (RP) is arbitrary. 3. We do not find any merits in this submission. The process adopted by the Respondent No. 1 is part of negotiation process inviting bidders to give further reduced offer if they so desire, failing which the offer already given by them shall be treated as final and binding. There is no compulsion for the Petitioner to offer revised bid of lower amount than the offer already made. However, if the Petitioner intends to reduce the offer price, will be free to avail of the option given under this communication dated 4th May, 2010. Similar option will be available to other bidders. It is not possible to take the view that the procedure invoked by the Respondent No. 1 is arbitrary or unfair in any manner. There is no merits in this Petition. Dismissed. (R.M. SAVANT, J) (A.M.KHANWILKAR, J)