Duration of Contract & Review. The contract will initially be valid till , 2024 and can be extended for a maximum of two more years, one year at a time, subject to satisfactory performance, or other periods or parameters as the Bank may decide. continued if the treatment and workmanship is found satisfactory. Quarterly review will be taken on the performance of the contractor. If within the first three months the work is found unsatisfactory, the contract can be terminated by giving 07 days’ notice. 3.
