Financial Bid definition
Examples of Financial Bid in a sentence
During this period, Bidders shall maintain the availability of Professional staff nominated in the Bid and also the amount quoted for the services in the Financial Bid shall remain unchanged.
The offer shall remain open for acceptance for minimum period of 90 days from the Date of opening of Envelope No. 2 (Financial Bid) and thereafter until it is withdrawn by the contractor by notice in writing duly addressed to the authority opening the tender and sent by Registered Post Acknowledgment due.
It includes Introduction, Instructions to Bidder, and Terms & Conditions of Contract, Eligibility Criteria, Technical Bid and Financial Bid.
The Technical Bid and Financial Bid shall be filled, signed and shall be placed in separate envelopes, which shall bear the Bid Invitation Number and specify whether, Technical Bid or Financial Bid.
Any omission in filling the columns of Financial Bid form (Schedule of Rates) shall debar a tender from being considered.