Notification to Bidder. Prior to the expiry of the Bid validity period, UPLC will notify the successful Bidder in writing or by fax or email, to be confirmed in writing by letter (LOI), that its proposal has been accepted. The notification of award will constitute the formation of the Agreement. Upon the successful Bidder's furnishing of performance security, UPLC will promptly notify each unsuccessful Bidder and return their EMD.
Notification to Bidder. The Target must promptly notify the Bidder in writing after it becomes aware of a matter which is in breach of or inconsistent with clause 7.1 as qualified by clause 7.2.
Notification to Bidder. Victoria Memorial Hall, Kolkata will notify the successful Bidder that its proposal has been accepted. The notification of award, termed as Letter of Intent or LOI in sections to follow, will lead to the signing of the Contract. Upon the successful Bidder's furnishing of performance bank guarantee, Victoria Memorial Hall, Kolkata will promptly notify each unsuccessful Bidder and EMD will be returned as per the Tender Document.
