Withdrawal of Bid. Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.
Withdrawal of Bid a. No bid shall be retracted or withdrawn.
b. In the event any bidder makes a bid but withdraws the same before the fall of the hammer:-
(i) The said bidder shall have his/her/its deposit equal to 10% of the reserve price forfeited forthwith to the Assignee;
(ii) The said bidder shall not be entitled to nor have any or further reimbursements, claims and demands whatsoever in nature and howsoever caused against the Assignee, the Assignee’s Solicitors, the Auctioneer or their respective servants or agents or any other party on account thereof;
(iii) The Property shall at the option of the Assignee be put up for sale again at a time, place and reserve price to be fixed by the Assignee at its sole discretion or the Assignee may decide to adjourn the auction sale to another date.
Withdrawal of Bid. A bidder may withdraw its bid from consideration if the price bid was substantially lower than the other bids due solely to a mistake therein, provided the bid was submitted in good faith, and the mistake was a clerical mistake as opposed to a judgment mistake, and was actually due to an unintentional arithmetic error or an unintentional omission of a quantity of work, labor, or material made directly in the compilation of a bid, which unintentional arithmetic error or unintentional omission can be clearly shown by objective evidence drawn from inspection of original work papers, documents, and material used in the preparation of the bid sought to be withdrawn.
Withdrawal of Bid. At any time prior to the specified solicitation due date and time, a bidder may formally withdraw the bid through the Vendor Self Service System, a written letter, or electronic mail from the bidder or a designated representative. Telephonic or oral withdrawals shall not be considered.
Withdrawal of Bid. The deadline described in this Withdrawal of bid section applies if the bid is subject to N.C.G. S. 143-129. A request to withdraw pursuant to N.C.G. S. 143-129.1 must be made prior to the award of the contract but not later than 72 hours after the opening of bid. City holidays observed pursuant to City Code section 42-16, Saturdays, and Sundays are not included in the 72 hours.
Withdrawal of Bid. Any bidder may withdraw his bid personally or by written request at any time prior to the scheduled closing time for the receipt of bids.
Withdrawal of Bid. Any BIDDER may withdraw or revise his bid by telegraphic or written request (but not electronic mail), at any time prior to the expiration of the time for the opening of bids as set forth in the Notice and Call for Bids. Any withdrawal or revision must be done on a copy of the bid form and must be signed by the person indicated on the Authorized Signature Form.
Withdrawal of Bid. Any bidder, who makes a bid but withdraws the same before the fall of the hammer, shall have their deposit equal to 5% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last disputed bid, or otherwise to adjourn the auction to another date.
Withdrawal of Bid a bid may be withdrawn only in writing and actually received by the office issuing the IFB prior to the time for the opening of bids identified on the cover page of this IFB (or such later date included in an Addendum to the IFB). A withdrawal request must be on Vendor’s letterhead and signed by an official of the Vendor authorized to make such request. Any withdrawal request made after the opening of bids shall be allowed only for good cause shown and in the sole discretion of the Division of Purchase and Contract.
Withdrawal of Bid. B.5.1 In the event that a Proponent wishes to withdraw its bid before the closing date, the Proponent shall (M) immediately notify the Contracting Authority IN WRITING.
B.5.2 Should the bid be withdrawn before bid closing date, it will (M) be returned to the Proponent after the closing date, and no further consideration will (M) be given to it.
