Common use of Tender Validity Period Clause in Contracts

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. 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-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.