Validity of the bids. The bids shall be valid for a period of 180 days from the date of opening of the tender. This has to be so specified by the tenderer in the commercial bid.
Validity of the bids i. The quoted rates must be valid for a period for 180 days from the date of closing of the tender. The overall offer for the assignment and bidder(s) quoted price shall remain unchanged during the period of validity. If the bidder quoted the validity shorter than the required period, the same will be treated as unresponsive and it may be rejected.
ii. In case the tenderer withdraws, modifies or change his offer during the validity period, bid is liable to be rejected and the xxxxxxx money deposit shall be forfeited without assigning any reason thereof. The tenderer should also be ready to extend the validity, if required, without changing any terms, conditions etc. of their original tender.
Validity of the bids. The bids shall be valid for a period of 12 Months from the date of opening of the NIT. In case, the Contract is not finalized within stipulated period, its validity shall be updated via corrigendum(s) on the institute’s website.
Validity of the bids. The tenders should be kept valid for a period of 180 days from the date of opening of the tender as notified in the tender notice failing which the tenders will be rejected.
Validity of the bids. Any Bid made for a Vehicle is valid for five working days. Once this period has passed, the Trader is no longer obliged to purchase the Vehicle at the Bid. LPBE will always retain the right to offer Vehicles for sale to other sales channels or even to private persons (for example to the private individual who used the Vehicle during the lease period).
Validity of the bids. The bids shall be valid for a period of 90 days from the date of opening of the tender. This has to be specified by the tenderer in the financial bid.
