Bid Validity Period a. The proposals shall be valid for a period of Six (6) calendar months from the date of submission of Bids. A proposal valid for a shorter period may be rejected as non-responsive. On completion of the validity period, unless the Bidder withdraws his proposal in writing, it will be deemed to be valid until such time that the Bidder formally (in writing) withdraws his proposal.
Bid Validity Period. Any extension of the bid validity period shall be granted only under exceptional circumstances and for the minimum period required to complete the evaluation, obtain required approvals, and award the contract.
Bid Validity Period. Our Bid shall be valid for the period specified in BDS 18.1 (as amended, if applicable) from the date fixed for the Bid submission deadline specified in BDS 22.1 (as amended, if applicable), and it shall remain binding upon us and may be accepted at any time before the expiration of that period;
Bid Validity Period. Any extension of the bid validity period shall be granted only under exceptional circumstances and for the minimum period required to complete the evaluation, obtain required approvals, and award the contract. Bid Security Bid security may not be required for any procurement under contracts of less than $100,000 equivalent. Qualification Criteria Exclusion from participation in bidding for contracts as a result of debarment by the Recipient may only result from a violation on clearly identified grounds of fraud and corruption in accordance with a fair and transparent process resulting in a final decision. Standard Bidding Documents National standard bidding documents, in form and substance satisfactory to the Association, shall be used. Bid Opening Bids shall be opened in public, at the same time, or immediately after the deadline for the submission of bids. A copy of the minutes of the public bid opening shall be provided promptly to all bidders and the Association with respect to contracts subject to Prior Review by the Association. Rejection of All Bids and Re-bidding All bids shall not be rejected, nor new bids solicited, without the prior written agreement of the Association. Confidentiality Disclosure following the public opening of bids of the examination, clarification, and evaluation of bids and the recommendation of awards shall not be permitted until publication of the notice of award.
Bid Validity Period. The IE Bids shall be effective and commit IE Bidders for six (6) months from the day after the IE Tender is conducted, with the IE Tender Committee having the right to extend such term unilaterally, by means of a statement, for a further period of six (6) months.
