Common use of Bid Validity Clause in Contracts

Bid Validity. 21.1 Bids shall remain valid for the period identified in the Bid Data Sheet after the date of opening of technical bid prescribed by the Procuring Agency. A bid valid for a shorter period shall be rejected by the Procuring Agency as non-responsive. 21.2 The Procuring Agency shall ordinarily be under an obligation to process and evaluate the bid within the stipulated bid validity period. However, under exceptional circumstances and for reason to be recorded in writing, if an extension is considered necessary, all those who have submitted their bids shall be asked to extend their respective bid validity period. Such extension shall be for not more than the period equal to the period of the original bid validity. 21.3 Bidders who, - (a) agree to the Procuring Agency’s request for extension of bid validity period shall not be permitted to change the substance of their bids; and (b) do not agree to an extension of the bid validity period shall be allowed to withdraw their bids without forfeiture of their bid securities.

Bid Validity. 21.1 i. Bids shall remain valid for the period identified in the Bid Data Sheet of Ninety Days (90 Days) after the date of opening of technical bid Technical Bid, prescribed by the Procuring AgencyPHFMC. A bid valid for a shorter period shall be rejected by the Procuring Agency as non-responsive. 21.2 ii. The Procuring Agency shall ordinarily be under an obligation to process and evaluate the bid within the stipulated bid validity period. However, under exceptional circumstances and for reason to be recorded in writing, if an extension is considered necessary, all those who have submitted their bids shall be asked to extend their respective bid validity period. Such extension shall be for not more than the period equal to the period of the original bid validity. 21.3 Bidders who, -iii. bidders who,- (a) agree to the Procuring Agency’s Agency request for extension of bid validity period shall not be permitted to change the substance of their bids; and (b) do not agree to an extension of the bid validity period shall be allowed to withdraw their bids without forfeiture of their bid securitiessecurities (xxxxxxx money).

Bid Validity. 21.1 i. Bids shall remain valid for the period identified in the Bid Data Sheet of 180 days after the date of opening of technical bid Technical Bid, prescribed by the Procuring AgencyPTGD. A bid valid for a shorter period shall be rejected by the Procuring Agency as non-responsive. 21.2 ii. The Procuring Agency PTGD shall ordinarily be under an obligation to process and evaluate the bid within the stipulated bid validity period. However, under exceptional circumstances and for reason to be recorded in writing, if an extension is considered necessary, all those who have submitted their bids shall be asked to extend their respective bid validity period. Such extension shall be for not more than the period equal to the period of the original bid validity. 21.3 Bidders who, iii. bidders who :- (a) agree Agree to the Procuring AgencyPTGD’s request for extension of bid validity period shall not be permitted to change the substance of their bids; and (b) do Do not agree to an extension of the bid validity period shall be allowed to withdraw their bids without forfeiture of their bid securitiessecurities (xxxxxxx money).

Bid Validity. 21.1 i. Bids shall remain valid for the period identified in the Bid Data Sheet of Six (06) Months after the date of opening of technical bid Technical Bid, prescribed by the Procuring Agency. A bid valid for a shorter period shall be rejected by the Procuring Agency as non-responsive. 21.2 ii. The Procuring Agency shall ordinarily be under an obligation to process and evaluate the bid within the stipulated bid validity period. However, under exceptional circumstances and for reason to be recorded in writing, if an extension is considered necessary, all those who have submitted their bids shall be asked to extend their respective bid validity period. Such extension shall be for not more than the period equal to the period of the original bid validity. 21.3 Bidders iii. bidders who, - (a) agree to the Procuring Agency’s request for extension of bid validity period shall not be permitted to change the substance of their bids; and (b) do Do not agree to an extension of the bid validity period shall be allowed to withdraw their bids without forfeiture of their bid securitiessecurities (xxxxxxx money).