Examples of Letter of Award (LOA) in a sentence
Successful bidder has to submit Performance Security amount as mentioned in Forwarding Letter, within 02 Weeks from the date of issue of Letter of Award (LOA).
This date of issuance of Letter of Award (LOA) by the COMPANY will be the effective date of contract.
After acknowledgement of Letter of Award (LOA) by the Selected Bidder and submission of performance security, it shall execute the Agreement within a fortnight from date of issuance of LOA.
Successful bidder has to submit Performance Security amount as mentioned in Forwarding Letter, within 15 (fifteen) days from the date of issue of Letter of Award (LOA).
Client will declare the Bidder ranked L1 as Successful Bidder and proceed to issue Letter of Award (LOA) as per the procedure mentioned in the Bid Document and terms and conditions set out in this Bid document.