Common use of Acceptance of Bid and Award Criteria Clause in Contracts

Acceptance of Bid and Award Criteria. The Bidder, whose bid is found to be most closely conforming to the Evaluation Criteria prescribed in Section IV and having the lowest evaluated bid, if not in conflict with any other law, rules, regulations or policy of the Punjab Government, shall be awarded the Contract. Validity period of contract should be one year from the date of issuance.

Appears in 3 contracts

Samples: Framework Contract, Framework Contract, Framework Contract

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Acceptance of Bid and Award Criteria. The Bidder, whose bid is found to be most closely conforming to the Evaluation Criteria prescribed in Section IV bidding documents and having the lowest evaluated bid, if not in conflict with any other law, rules, regulations or policy of the Punjab Government, shall be awarded the Contract. The bid must be for the whole quantity of an item as required and advertised. Validity period of contract should be one year from the date of issuance. The validity of the contract is one year from the date of issuance of contract till the completion of next contract for the year 2022-2023 whichever is earlier.

Appears in 1 contract

Samples: Framework Contract

Acceptance of Bid and Award Criteria. The Bidder, whose bid is found to be most closely conforming to the Evaluation Criteria prescribed in Section IV and having the lowest evaluated bid, if not in conflict with any other law, rules, regulations or policy of the Punjab Government, shall be awarded the Contract. Validity period The bid must be for the whole quantity of an item as required and advertised. The validity of the contract should be is one year from the date of issuanceissuance of contract further extendable for three months or till the completion of next contract for the year 2021-2022 whichever is earlier.

Appears in 1 contract

Samples: Framework Contract

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Acceptance of Bid and Award Criteria. The Bidder, whose bid is found to be most closely conforming to the Evaluation Criteria prescribed in Section IV bidding documents and having the lowest evaluated bid, if not in conflict with any other law, rules, regulations or policy of the Punjab Government, shall be awarded the Contract. The bid must be for the whole quantity of an item as required and advertised. Validity period of contract should be one year from the date of issuance.The validity of the contract is one year from the date of issuance of contract till the completion of next contract for the year 2021-2022 whichever is earlier.

Appears in 1 contract

Samples: Framework Contract

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