Acceptance of Tender. The decision of the Xxxx(G&K) & Managing Trustee, DJST shall be final and binding and Xxxx(G&K) & Managing Trustee, DJST do not pledge himself to accept the lowest or any tender and reserves the right to split the quantity amongst the eligible. Xxxx(G&K) & Managing Trustee, DJST reserves the right to reject any or all tenders and relax/stringent any of the condition of tender without assigning any reasons.
Acceptance of Tender. 11.1 Technically responsive tenders will be evaluated based only on the “landed price”(all-inclusive price), i.
Acceptance of Tender. The SBI shall have the right to reject any or all tenders without assigning any reason. They are not to bind to accept the lowest or any tender and the tenderer or tenderers shall have no right to question the acts of the SBI However adequate transparency would be maintained by the SBI.
Acceptance of Tender. The IBA reserves the right not to accept the lowest and to annul the bidding process without assigning any reason whatsoever. IBA Karachi may ask to provide demo unit which supplier quoted in the tender. After the final inspection of the unit the decision will be made.
Acceptance of Tender. NRDA is not bound to accept the lowest or any tender. NRDA reserves the right to reject any or all tenders received, without assigning any reason whatsoever. Signature of Tenderer Chief Executive Officer, NRDA, Near Mantralaya Mahanadi Dwar, Raipur 492 001, Chhattisgarh. Date : Date :
1. PROFORMA – A General Information II - 2 2. PROFORMA – B Organisation and Structure II - 3
Acceptance of Tender. L1 bidder will be decided on the basis of technical and price bid evaluation for the overall work after satisfying each sub -category. Lowest valid rate should normally be accepted. However, the Tender Accepting Authority does not bind himself to do so and reserves the right to reject any or all the tenders, for valid reasons.
Acceptance of Tender. 3.9.1 The Council reserves the right to negotiate different terms and conditions for the Agreement for Services with any one or more Tenderers (each referred to as a Preferred Tenderer).
3.9.2 The Council and the Preferred Tenderer may (if required) enter into negotiations for the award and execution of an Agreement for Services.
3.9.3 If, despite their best endeavours and acting in good faith, the Council and the Preferred Tenderer are unable to negotiate and agree on the terms of the Agreement for Services, the Council reserves the right to negotiate with any other parties, including other Tenderers, for the provision of the Services.
3.9.4 The successful Tenderer will be notified in writing by the Council of the Council’s acceptance of its Tender. The successful Tenderer must not make any oral or written public statements in relation to the awarding of an Agreement for Services until written notice is received by the Tenderer.
3.9.5 The notification of the acceptance of Tender by the Council creates an obligation on the Council and the successful Tenderer to enter into the Agreement for Services (subject to any variations agreed pursuant to this clause 3.9).
3.9.6 The successful Tenderer acknowledges and agrees that all intellectual property created by the successful Tenderer arising out of the provision of the Services belongs to the Council, and the successful Tenderer will do all reasonable things necessary to assist the Council in the protection and transfer of ownership of the intellectual property resulting from the provision of the Services.
Acceptance of Tender. 15.1 Where UK Sport has decided that it wishes to accept a Tender, the acceptance shall be subject to a 5 working day standstill period.
15.2 Until the formal signing, and where appropriate, sealing of the contract for the provision of the service to take place, the Contract Documents together with the formal letter of acceptance shall constitute a legally binding contract which shall commence on the day after the 5 working day standstill period has ended. The 5 working day standstill period shall commence from the date of the letter of acceptance (which will be the same date as the letter of acceptance is sent).
15.3 During the 5 working day standstill period, if UK Sport receives a request in writing from any organisation that may have submitted a tender or may have been entitled to submit a tender for a reason why that organisation was unsuccessful or to address the concern of the organisation. UK Sport shall provide a response including information on the characteristics and advantages of the successful tenderer within 3 working days before the end of the standstill period. If this is not possible to respond before the end of the standstill period UK Sport shall extend the standstill period by at least 3 working days.
15.4 After the 5 working day standstill period has elapsed, UK Sport will request the successful tenderer to execute a formal contract for the Services. Tenderers should know that failure to comply with UK Sport’s requests to promptly execute a formal contract consisting of the Contract Documents will amount to a breach of contractual obligation and UK Sport will accordingly be entitled at its sole discretion to withhold payment due under the Contract until such time as a formal contract is properly executed by the successful tenderer.
Acceptance of Tender. Within 60 days after a notice of tender is given, the company may accept the tender by giving notice to the tendering member. The company will then have the right to purchase the tendered ownership shares for the lesser of the price set forth in the notice of tender (if the proposed transfer is to be by sale) or the price determined under this agreement as if the tendering member dissociated from the company on the date of the tender. The purchase will be closed and the price paid on the terms that would apply under this agreement if the tendering member had dissociated on the date of the tender, unless the proposed transfer involves a sale, in which case the company may choose to pay the purchase price on the terms set forth in the notice of tender or in this agreement.
Acceptance of Tender. B.7.1 The NGC may accept any Tender, whether it is the lowest or not, or may reject any of all Tenders.
B.7.2 Without limiting the generality of B.7.1, the NGC may reject any tenders based on an unfavourable assessment of:
B.7.2.1 The adequacy of the tendered price to permit the work to be carried out and, in the case of a tender providing unit prices or a combination of lump sum and unit prices, whether each such price reasonably reflects the cost of performing the part of the work to which that price applies;
B.7.2.2 The Proponent’s ability to provide the necessary management structure, skilled personnel, experience and equipment to perform competently the work under the contract.
