Bid Validity definition

Bid Validity means the period for which the Bids shall remain valid.
Sample 1Sample 2Sample 3
Bid Validity meansthe period for which the Bids shall remain valid.
Sample 1Sample 2Sample 3
Bid Validity means the period within which the bidder is bound by its offer and such offer cannot be withdrawn without forfeiting its bid security.
Sample 1Sample 2

Examples of Bid Validity in a sentence

  • We agree to abide by this Bid for the Bid Validity Period specified in BDS provision for ITB Clause 17.1 and 18.2, respectively, and it shall remain binding upon us and may be accepted at any time before the expiration of that bid validity period.


More Definitions of Bid Validity

Bid Validity means the period in which bids submitted remain valid for comparison, evaluation, approval and subsequently for contract award.
Sample 1Sample 2
Bid Validity means the period forwhich the Bids shall remain valid.
Sample 1Sample 2

Related to Bid Validity

  • the Constitution means the Constitution of the Republic of South Africa, 1996;

  • Governing Law This Agreement is governed by, and shall be construed in accordance with, English law.

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.