Notification of Award does not exceed the percentage specified in the TDS, and without any change in the unit prices or other terms and conditions of the Tender and the Tender Document.
62.1 Prior to the expiry of the Tender Validity period and within one (1) week of receipt of the approval of the award by the Approving Authority, the Procuring Entity shall issue the Notification of Award (NOA) to the successful Tenderer(s).
62.2 The NOA, attaching the contract as per the sample (Form PG3A-9) to be signed, shall state:
(a) the acceptance of the Tender by the Procuring Entity;
(b) the price at which the contract is awarded;
(c) the amount of the Performance Security and its format;
(d) the date and time within which the Performance Security shall befurnished; and
(e) the date and time within which the contract shall be signed.
62.3 The NOA shall be accepted in writing by the successful Tenderer within seven (7) working days from the date of its issuance.
62.4 In the event, the Tenderswere invited for one (1) or more items onan “item-by-item” basis, contract(s) will comprise the corresponding item(s)awarded to the successful Tenderer(s) and,Contract(s) will be signed per each of the successful Tenderer(s),covering the corresponding item(s).
62.5 In the event, the Tenders were invited for a single lot, contract will comprise the corresponding items in the lot awarded to the successful Tenderer and, Contract will be signed with the successful Tenderer of the lot, covering the item(s).
62.6 In the event, the Tenders were invited for a number of lots on a “lot-by-lot” basis, contracts will comprise the corresponding items in a lot awarded to the successful Tenderer(s) and, Contract(s) will be signed per each of the successful Tenderer(s) per lot, covering the corresponding item(s).
62.7 Until a formal contract is signed, the NOA shall constitute a Contract, which shall become binding upon the furnishing of a Performance Security and the signing of the Contract by both parties.
Notification of Award. 61.1 The Procuring Entity, within the amount approved, reserves the right at the time of Contract Award to increase or decrease the quantity per item of Goods and related Services originally specified in Section 6: Schedule of Requirements, provided this does not exceed the percentage specified in the TDS, and without any change in the unit prices or other terms and conditions of the Tender and the Tender Document.
62.1 Prior to the expiry of the Tender Validity period and within one (1) week of receipt of the approval of the award by the Approving Authority, the Procuring Entity shall issue the Notification of Award (NOA) to the successful Tenderer(s).
62.2 The NOA, attaching the contract as per the sample (Form PG3-9) to be signed, shall state:
(a) the acceptance of the Tender by the Procuring Entity;
(b) the price at which the contract is awarded;
(c) the amount of the Performance Security and its format;