Period of Validity of Bids. 4.5.1. Prices and other terms offered by Bidders must be firm for an acceptance period as mentioned in “Critical Information” section, from date of closure of this RfP.
4.5.2. In exceptional circumstances the Bank may solicit the Bidders consent to an extension of the period of validity. The request and response thereto shall be made in writing. Any extension of validity of Bids or price (if applicable) will not entitle the Bidder to revise / modify the Bid document.
4.5.3. Bank, however, reserves the right to call for fresh quotes at any time during the period, if considered necessary.
Period of Validity of Bids. 7.8.1. Prices and other terms offered by Bidders must be firm for an acceptance period of 180 days from date of closure of this RfP.
7.8.2. In exceptional circumstances the Bank may solicit the Bidders consent to an extension of the period of validity. The request and response thereto shall be made in writing. The Bid security provided shall also be extended.
7.8.3. Bank, however, reserves the right to call for fresh quotes at any time during the period, if considered necessary.
Period of Validity of Bids. Bid shall remain valid for 90 days after the date of bid opening prescribed by HLL.