Common use of Signing the Contract Clause in Contracts

Signing the Contract. The successful bidder shall be required to execute the Contract Agreement accepting all terms and conditions stipulated herein on a non-judicial stamp paper of Rs. 500/- (Rs. Five Hundred only) along with performance security within fifteen days of the issue of the Letter of notification of award. In the event of failure on the part of the successful bidder to sign the Contract within the period stipulated above, the EMD shall be forfeited and the acceptance of BID shall be considered as cancelled.

Appears in 27 contracts

Samples: Rate Contract, Rate Contract for Procurement of Consumables, Rate Contract

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Signing the Contract. The successful bidder shall be required to execute the Contract Agreement accepting all terms and conditions stipulated herein on a non-judicial stamp paper of RsRs.100/-(Rs. 500/- (Rs. Five One Hundred only) along with performance security within fifteen days of the issue of the Letter of notification of awardaward along with performance security. In the event of failure on the part of the successful bidder to sign the Contract within the period stipulated above, the EMD shall be forfeited and the acceptance of BID shall be considered as cancelled.

Appears in 4 contracts

Samples: Rate Contract, Rate Contract, Rate Contract

Signing the Contract. The successful bidder shall be required to execute the Contract Agreement accepting all terms and conditions stipulated herein on a non-non- judicial stamp paper of Rs. 500/- (Rs. Five Hundred only) along with performance security within fifteen (15) days of from the issue of the Letter of notification of award. In the event of failure on the part of the successful bidder to sign the Contract within the period stipulated above, the EMD shall be forfeited and the acceptance of BID shall be considered as cancelled.

Appears in 2 contracts

Samples: Rate Contract for Supply of Consumables, Chemicals and Reagents, Rate Contract

Signing the Contract. The successful bidder shall be required to execute the Contract Agreement accepting all terms and conditions stipulated herein on a non-judicial stamp paper of Rs. 500/- Rs.100/- (Rs. Five One Hundred only) along with performance security within fifteen days of the issue of the Letter of notification of awardAward, along with performance security. In the event of failure on the part of the successful bidder to sign the Contract within the period stipulated above, the EMD shall be forfeited and the acceptance of BID shall be considered as cancelled.

Appears in 1 contract

Samples: Annual Rate Contract

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Signing the Contract. The successful bidder shall be required to execute the Contract Agreement accepting all terms and conditions stipulated herein on a non-judicial stamp paper of Rs. 500/- (Rs. Five Hundred only) along with performance security within fifteen (15) days of from the issue of the Letter of notification of award. In the event of failure on the part of the successful bidder to sign the Contract within the period stipulated above, the EMD shall be forfeited and the acceptance of BID shall be considered as cancelled.

Appears in 1 contract

Samples: Rate Contract

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