Common use of TERMINATION OF PROCEDURE Clause in Contracts

TERMINATION OF PROCEDURE. The termination of procedure administrative act shall be informed to the awardee or awardees and to the other bidders, within THREE (3) days of the mentioned respective act. Awarding shall be given to more convenient bid for jurisdiction or contracting entity. It could be awarded even when only one bid has been submitted. Awarding could be granted by line or group of lines, according to the special bidding terms and conditions. In those cases where several lines have been distributed in the same item, awardings shall be granted considering the quoted item regardless of the line in which the provider has offered. In cases where partial quotation is permitted, awarding could be partial even when the bidder had quoted for the total amount of the requested quantity for each line. SECTION 35º.- NOTICE FOR THE PURCHASE OR SALE ORDER Notice for the purchase or sale order to the awardee will cause the execution of the contract and that notice will take place within TEN (ten) days after the notice of the administrative act of award. For the case where the period of the above paragraph is due and the notice of the purchase or sale order has not been formalized due to reasons not attributable to the awardee, he may withdraw his bid without the application of any penalty or fines.