Acceptance of Tender definition

Acceptance of Tender means the letter or memorandum communicating to the supplier the acceptance of his offer (Tender) and shall include advance acceptance of his offer i.e. Letter of Intent or Rate Contract.

Acceptance of Tender means the letter of memorandum communicating to the Contractor the acceptance of his tender and includes an advance acceptance of his tender;

Acceptance of Tender means the letter communicating for opening of Financial Bid.

Examples of Acceptance of Tender in a sentence

• The Earnest Money deposited by successful tenderer shall be forfeited if the Contractor fails to furnish the requisite Contract Performance Security as per clause 24 hereof and /or fails to start work within a period of 15 days or fails to execute the AGREEMENT within 15 days of the receipt by him of the Notification of Acceptance of Tender.

• Until the formal final Contract is prepared and executed between us, this tender together with your written acceptance of the tender and your Acceptance of Tender, shall constitute a binding Contract between us.

• For the purpose of this detailed time and progress chart, the work shall be deemed to have commenced on the expiry of 10* (ten) days from the issue of Letter of Acceptance of Tender or 7(seven) days after handing over the site of work or handing over reasonable number of working drawings to the contractor or the period of mobilization allowed in the work order for starting the work in special circumstances, whichever is later.

• In case of any deviation/nonconformity observed in the bid, it will be liable for rejection.17Award of Contract:17.1 The Acceptance of Tender will be intimated to the successful Tenderer by GAIL either by Telex/ Telegram/ Fax or by Letter or like means-defined as LETTER OF ACCEPTANCE OF TENDER.

• DPurchaser’s Notification of Award(Advance Acceptance of Tender issued by the Procuring Agency will be attached) Purchase OrderAnnex.

More Definitions of Acceptance of Tender

Acceptance of Tender means the letter or memorandum from the Corporation communicating to the tenderer the acceptance of his tender.

Acceptance of Tender means the Acceptance of Tender issued by the OWNER to the CONTRACTOR, and shall include a letter, telegram or fax of acceptance or other notification of award of work, and a detailed Letter of Acceptance.

Acceptance of Tender means electronically or through the letter of memorandum communicating to the Tenderers, the acceptance of his Tender.

Acceptance of Tender means the Acceptance of Tender conveyed by BPCL to the Tenderer.

Acceptance of Tender means the letter or memorandum communicating to the Contractor the acceptance of his tender.

Acceptance of Tender means the letter/telex/telegram/ fax or any memorandum communicating to the Tenderer the acceptance of his tender and includes an advance acceptance of his tender.

Acceptance of Tender means the Acceptance of Tender issued by the Owner of the Tender”