Tender Validity Period. Our Tender shall be valid for the period specified in TDS 17.1 (as amended, if applicable) from the date fixed for the Tender submission deadline specified in TDS 21.1 (as amended, if applicable), and it shall remain binding upon us and may be accepted at any time before the expiration of that period;
Tender Validity Period. Our Tender shall be valid for the period specified in TDS
Tender Validity Period. You should consider how long your evaluation and approvals processes will take following tender submission and insert an appropriate tender validity period which extends past the target contract award date to ensure tenders remain valid for as long as is necessary; Contract Term - Suppliers should be provided with an overview of the length of the Call-Off Initial Period (which can be up to a maximum of 7 years) and the optional extension period(s) (which should take the total Contract Period inclusive of the Call-Off Initial Period and Mobilisation Period to no longer than 10 years). You should also clearly indicate the Start Date of the Services (the beginning of the Call-Off Initial Period) and the timescales for mobilisation of the contract (which should occur before the Start Date of the services but still forming part of the Contract Period following the Effective Date); Contract Execution - In order to ensure that the contract award process is expedited efficiently, you should specify the maximum number of days the Supplier will have to sign (execute) the contract. You should also clearly specify both in this section and within the Procurement Timetable if you intend to include a 10 day Standstill Period; and Call-Off Contract - You should provide an overview of the full list of Schedules that will form your Call-Off Contract. The list should indicate which of the optional Schedules you have selected for inclusion and any additional Schedules and Special Terms you have added.
Tender Validity Period. 3.2.6.1 All Tenders will remain open for acceptance by the Council for a period of not less than three months after the Closing Date.
Tender Validity Period. Four (4) months commencing from the closing date of tender. Tender Adjudication/Evaluation Criteria: Tenderers shall be evaluated on a Two Stage Evaluation System – Stage One: Functionality and Stage Two: 80/20 Preference Point System in accordance with the Preferential Procurement Regulations 2017, issued in terms of section 5 of the Preferential Procurement Policy Framework Act, Act No. 5 of 2000. The Functionality for Stage One shall be evaluated on the following criteria: No Evaluation Criteria Maximum Points 1 Project Development experience of residential development, mixed use development or Similar Developments 10 Points 2 Lease Duration Period 5 Points 3 Access to Funding 10 Points 4 Submission of development proposal that conforms to the Municipality’s vision as outlined in the Msunduzi Spatial Development Framework, City Development Strategy and the Integrated Development Plan etc. 15 Points Total Functionality Points 40 Points Minimum Threshold to qualify for Stage Two 70% (28 Points) The Msunduzi Municipality does not bind itself to accept the lowest or any tender and reserves the right to accept the whole or any part of a tender. Each tenderer will be informed of the tender result. The Msunduzi Municipality expects businesses within the Pietermaritzburg and Midlands Region to support its contract and BEE/SMME initiatives.
Tender Validity Period. Four (4) months commencing from the closing date of tender. Tender Evaluation Criteria - The tender shall be evaluated on a Two Stage Evaluation System. Stage One being Functionality and Stage Two based on the 80/20 Preferential Points System in accordance with the Preferential Procurement Regulations, 2017, issued in terms of section 5 of the Preferential Procurement Policy Framework Act No. 5 of 2000. Stage One Functionality shall be evaluated on the following criteria:- Item Functionality Criteria Max points Awarded 1 No. of years the Service Provider is rendering services of a similar nature 15 Total No. of Points Awarded 30
Tender Validity Period. Our Tender shall be valid for 150days from the date fixed for the Tender submission deadline (specified in TDS 23.1(as amended if applicable),and it shall remain binding upon us and may be accepted at any time before the expiration of that period;
Tender Validity Period. Tender validity period is no less than 120 days from the day of expiration of the tender submission deadline. The Contracting Authority can, in case of need, ask the Tenderer to extend the Tender validity period as well as validity period of the Tender Security.
Tender Validity Period. The Tender shall remain valid for a period of sixty (60) calendar days from the expiration of the date of closing of Tenders.
Tender Validity Period. The tender along with the rates and condition thereby shall be open for acceptance of the Competent Authority for a period of 90 days from the date of opening of the financial bid and no request for any variation in quoted rates and/ withdrawal of vendor on any ground by successful bidder be entertained within validity period.
