Contract Validity Period definition

Contract Validity Period means the period between date of opening of Financial Bid and up to 31st March 2022during which the rates standardised after bidding process under this RFP shall be valid and applicable for Contract(s) awarded; It may be extended further for a period of One (1) year with mutual consent by the Nodal Agency and the Contractor(s);
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Contract Validity Period means the period between date of signing of Agreement and up to 13 months from the signing date during which the rates standardised after bidding process under this RFP shall be valid and applicable for Contract(s) awarded; It may be extended further for a period of 3 months with mutual consent by the Nodal Agency and the Contractor(s).
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Contract Validity Period means the twelve (12) Months from the date of execution of the Contract. During the Contract Validity Period, the rates shall be valid and applicable for all the Works to be awarded under the Contract;
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Examples of Contract Validity Period in a sentence

  • The Contract Validity Period can be extended at the sole discretion of NFL for a further period of 03(Three) Months on Same Rates, Terms & Condition of Contract.

  • On expiry of such period, the rates quoted in the tender are not binding upon the suppliers.Proposed revision: It is, now, proposed to introduce a concept of Contract Validity Period (in addition to Tender Validity) in order to ensure fairness and clarity which would result in competitive bids from the suppliers.

  • The Contract Validity Period will be displayed in each and every contract and it will be binding on the supplier for the faithful execution of contract as per the contractual terms for the entire ordered quantity including ±25% quantity.

  • This Contract Validity Period will commence from technical bid opening date and the specific Contract Validity Period will be declared in the tender document.

  • The prices as quoted above however shall remain valid for all the 5 years.- PBG for 5% of Contract Value shall be submitted valid for Contract Validity Period plus three month.

  • This Agreement shall be effective from the date hereof and shall continue in full force and effect until the date of Contract Validity Period and further in accordance with the LICA subsequently issued if bidarrives as successful.

  • The Contract Validity Period can be extended at the sole discretion of NFL for a period of 03(Three) Months on Same Rates, Terms & Condition of Contract.

  • During the Contract Validity Period, it will be binding upon the suppliers for faithful execution of the contract as per contractual terms.For Comprehensive Maintenance of HV/LV Cable Fault Testing and Locating Van with Control Units:102 months from the technical bid opening date.This Contract Validity Period shall commence from tender bid opening date till a period of 102 months as mentioned above.

  • On expiry of such period, the rates quoted in the tender are not binding upon the suppliers.Contract Validity Period:18 months from the technical bid opening date.The Contract Validity Period (in addition to Tender Validity) is incorporated in the Tender document in order to ensure fairness and clarity which would result in competitive bids from the suppliers.

  • This Agreement shall be effective from the date hereof and shall continue in full force and effect until the date of Contract Validity Period and further in accordance with the LICA subsequently issued if bid arrives as successful.


More Definitions of Contract Validity Period

Contract Validity Period is the period of time beginning with the Effective Date of this Contract and ending with the Date of Termination of the Contract, including any postponements provided for hereunder.
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Contract Validity Period means the period between date of opening of
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Contract Validity Period means the period between date of opening of Financial Bid and up to 31st January 2024 or date of commissioning of last system by the Contractor for all categories of work awarded to the Contractor, whichever is later. During the Contract Validity Period, the rates standardised after bidding process under this RFP shall be valid and applicable for Contract(s) awarded. The Contract Validity Period may be extended further for a period of One (1) year with mutual consent by
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Contract Validity Period means the period between date of opening of Financial Bid and up to 31st March 2022during which the rates standardised after bidding process under this RFP shall be valid and applicable for Contract(s) awarded;
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Contract Validity Period means the period commencing from the Effective Date up to the end of the Extended Defects Liability Period.
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Contract Validity Period means the period commencing from the effective date upto the end of the Extended Defect liability Period, if any. “Effecting Date” means date of issuance of Fax of Acceptance/Letter of Acceptance/Letter of Award of Work.
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Related to Contract Validity Period

  • Validity Period means in respect of a Tour Brochure, the validity period stated in that brochure.

  • The Contract Value means the amount payable to the Bidder under the contract for the full and proper performance of its contractual obligations.

  • Contract Value means that portion of the Contract Price adjusted to give effect to such additions or deductions as are provided for in the Contract which is properly apportion-able to the Goods or Services in question.

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • Contract Period means the period from the Commencement Date to:

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • Policy Period means the period commencing from effective date and hour as shown in the Policy Schedule and terminating at midnight on the expiry date as shown in the Policy Schedule.

  • Project Preparation Advance means the project preparation advances granted by the Association to the Borrower pursuant to an exchange of letters dated September 21, 1989, October 13, 1989, June 17, 1991, April 5, 1991 and December 9, 1991 between the Borrower and the Association;

  • Extension Period has the meaning set forth in Section 2.11.