Common use of Constitution of bidders Clause in Contracts

Constitution of bidders. (a) Bidders shall, in the tender, indicate whether they are Registered Sole Proprietary Concern or Registered Partnership Firm or a Private Limited Company, or a Public Limited Company and indicate the names of all the partners or Directors of the Company, as applicable in the bid document. The bidder shall also nominate and authorise a person for the active management and control of the work relating to the contract and to continuously liaise with FCI during the tenure of the Contract. The person so nominated shall be deemed to have full authority from the Bidder in respect of the Contract and his acts shall be binding on the Bidder. (b) If the Bidder is a partnership firm, there shall not be any re-constitution of the partnership without the prior written consent of FCI till the satisfactory completion of the Contract, failing which the Contract shall be liable for termination treating it as breach of Contract by the Bidder with consequences flowing therefore. (c) In case of a Consortium the names of all the members of the Consortium and their legal status shall be furnished in the Bid. (d) The Bidder shall notify to FCI the death/resignation of any of their partners/directors immediately on the occurrence of such an event. On receipt of such notice, FCI may terminate the Contract at its discretion considering the circumstances.

Constitution of bidders. (a) Bidders shall, in the tender, indicate whether they are Registered Sole Proprietary Concern or Registered Partnership Firm or a Private Limited Company, or a Public Limited Company and indicate the names of all the partners or Directors of the Company, as applicable in the bid document. The bidder shall also nominate and authorise authorize a person for the active management and control of the work relating to the contract and to continuously liaise with FCI during the tenure of the Contract. The person so nominated shall be deemed to have full authority from the Bidder in respect of the Contract and his acts shall be binding on the Bidder. (b) If the Bidder is a partnership firm, there shall not be any re-constitution of the partnership without the prior written consent of FCI till the satisfactory completion of the Contract, failing which the Contract shall be liable for termination treating it as breach of Contract by the Bidder with consequences flowing therefore. (c) In case of a Consortium the names of all the members of the Consortium and their legal status shall be furnished in the Bid. (d) The Bidder shall notify to FCI the death/resignation of any of their partners/directors immediately on the occurrence of such an event. On receipt of such notice, FCI may terminate the Contract at its discretion considering the circumstances.

Constitution of bidders. (a) Bidders shall, in the tender, indicate whether they are Registered Sole Proprietary Concern or Registered Partnership Firm or a Private Limited Company, or a Public Limited Company and indicate the names of all the partners or Directors of the Company, as applicable in the bid document. The bidder shall also nominate and authorise a person for the active management and control of the work relating to the contract and to continuously liaise with FCI during the tenure of the Contract. The person so nominated shall be deemed to have full authority from the Bidder in respect of the Contract and his acts shall be binding on the Bidder. (b) If the Bidder is a partnership firm, there shall not be any re-constitution of the partnership without the prior written consent of FCI till the satisfactory completion of the Contract, failing which the Contract shall be liable for termination treating it as breach of Contract by the Bidder with consequences flowing therefore. (c) In case of a Consortium the names of all the members of the Consortium and their legal status shall be furnished in the Bid. (d) The Bidder shall notify to FCI the death/resignation of any of their partners/partners/ directors immediately on the occurrence of such an event. On receipt of such notice, FCI may terminate the Contract at its discretion considering the circumstances.