Award of Contract and Timeline Sample Clauses

Award of Contract and Timeline. Please note that ARK is not committed to selecting any of the companies submitting proposals. This ITB is not to be construed in any way as an offer of contract. This ITB may result in LTAs with several companies based on the outcome of the evaluation. It is anticipated that the successful the successful company or companies will be contracted at the end of August. ARK will issue Call Down Orders (CDOs) against the awarded LTAs on an as required basis. The LTA is not a guarantee of a minimum order value or quantity. We look forward to receiving your proposal. Yours faithfully, ARK Group DMCC 1. Background Information
AutoNDA by SimpleDocs
Award of Contract and Timeline. Award of contract will be offered to the bidder that scores the highest combined scores from the technical and price evaluations. All contract awards are subject to standard and enhanced due diligence checks and ARK reserves the right to review and withdraw any implied offers. Furthermore, ARK is not committed to select a supplier from any proposals received. This ITB is not to be construed in any way as an offer of contract. This ITB may result in LTAs with one or more companies based on the outcome of the evaluation. It is anticipated that the successful company or companies will be contracted in the first week of October and a CDO awarded soon after with vehicles delivered on or around the 8 October 2023. 1. Background Information
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!