Contract Signature. Within fifteen (15) days from the date of receipt of the Contract, the successful Bidder shall sign and date the Contract and return it to UNDP. Failure of the successful Bidder to comply with the requirement of ITB Section F.3 and this provision shall constitute sufficient grounds for the annulment of the award, and forfeiture of the Bid Security if any, and on which event, UNDP may award the Contract to the Bidder with the second highest rated Bid, or call for new Bid.
Appears in 15 contracts
Samples: Long Term Agreement for Provision of Travel Management Services, Long Term Agreement for Travel Management Services, Long Term Agreement for Provision of Services
Contract Signature. 39.1 Within fifteen (15) days from the date of receipt of the Contract, the successful Bidder shall sign and date the Contract and return it to UNDP. Failure of the successful Bidder to comply with the requirement of ITB Section F.3 and this provision shall do so may constitute sufficient grounds for the annulment of the award, and forfeiture of the Bid Security Security, if any, and on which event, UNDP may award the Contract to the Bidder with the second Second highest rated Bid, or call for new BidBids.
Appears in 7 contracts
Samples: Invitation to Bid, Invitation to Bid, Long Term Agreements for Travel Services
Contract Signature. Within fifteen (15) days fifteen(15)days from the date of receipt of the Contract, the successful Bidder shall Biddershall sign and date the Contract and return it to UNDP. Failure of the successful Bidder to comply with the requirement of ITB Section F.3 and this provision shall constitute sufficient grounds for the annulment of the award, and forfeiture of the Bid Security if any, and on which event, UNDP may award the Contract to the Bidder with the second highest rated Bid, or call for new Bid.
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