Common use of Tender Validity Clause in Contracts

Tender Validity. The Tender shall have a minimum validity period of ninety days from the last date for submission of the Tender. The Purchaser may solicit the Tenderer's consent to an extension of the validity period of the Tender. The request and the response thereto shall be made in writing. If the Tenderer agrees to extension of validity period of the Tender, the validity period of the Tender security shall also be suitably extended. The Tenderer may refuse extension of validity period of the Tender, without forfeiting the Tender security.

Appears in 19 contracts

Samples: Service Level Agreement (Sla), Service Level Agreement (Sla), Service Level Agreement (Sla) for the Maintenance of Generators & Ups Including Electrical Works

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Tender Validity. The Tender shall have a minimum validity period of ninety (90) days from the last date for submission of the Tender. The Purchaser may solicit the Tenderer's consent to an extension of the validity period of the Tender. The request and the response thereto shall be made in writing. If the Tenderer agrees to extension of validity period of the Tender, the validity period of the Tender security Bid Security shall also be suitably extended. The Tenderer may refuse extension of validity period of the Tender, without forfeiting the Tender Bid security.

Appears in 9 contracts

Samples: Service Level Agreement, Service Level Agreement, Ict Infrastructure Upgrade and Service Agreements

Tender Validity. The Tender shall have a minimum validity period of ninety one hundred and twenty (120) days from the last date for submission of the Tender. The Purchaser may solicit the Tenderer's ’s consent to an extension of the validity period of the Tender. The request and the response thereto shall be made in writing. If the Tenderer agrees to extension of validity period of the Tender, the validity period of the Tender security Bid Security shall also be suitably extended. The Tenderer may refuse extension of validity period of the Tender, without forfeiting the Tender Bid security.

Appears in 3 contracts

Samples: Framework Contract for Supply of Food Items, Framework Contract for Supply of Food Items, Framework Contract for Supply of Food Items

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Tender Validity. The Tender shall have a minimum validity period of ninety 120 days from the last date for submission of the Tender. The Purchaser may solicit the Tenderer's consent to an extension of the validity period of the Tender. The request and the response thereto shall be made in writing. If the Tenderer agrees to extension of validity period of the Tender, the validity period of the Tender security shall also be suitably extended. The Tenderer may refuse extension of validity period of the Tender, without forfeiting the Tender security.

Appears in 1 contract

Samples: Service Level Agreement (Sla)

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