Envelope – II – Financial Bid. Price bid has to be submitted in the format in Annexure V only. Xxxxxx has to fill the Annexure V only as per the description asked in the annexure. After filling of rates bidder has to check and confirm final amount in letters and words both. Prices should not to be indicated anywhere in Envelope – I 8 VALIDITY OF TENDER (BID): 8.1 The tender must remain valid for a minimum of 180 days from the last date of submission of tender. The bidder shall not be entitled, to revoke or cancel the offer or to vary any term thereof, during validity period without the consent in writing of AAI. In case of the bidder revoking or canceling the offer or varying any term in regard thereof, the bidder's xxxxxxx money deposit shall be forfeited. 8.2 If there is any delay in finalization due to unforeseen factors, all the bidders shall be asked to extend the validity for an appropriate period, specifying a date by which tender is expected to be finalized. However, the tender process shall not be vitiated if any bidder declines to extend the offer as requested for. 9
