Validity. 12.1 The validity of this Integrity Pact shall be from date of its signing and extend upto 5 years or the complete execution of the contract to the satisfaction of both the BUYER and the BIDDER/Seller, including warranty period, whichever is later. In case BIDDER is unsuccessful, this integrity Pact shall expire after six months from the date of the signing of the contract.
12.2 Should one or several provisions of the Pact turn out to be invalid, the remainder of this Pact shall remain valid. In this case, the parties will strive to come to an agreement to their original intentions.
Validity. The offer should be kept valid for 150 days from the date of opening of the tender.
Validity. The validity of this Integrity Pact shall be from date of its signing and extend upto 5 years or the complete execution of the contract to the satisfaction of both the BUYER and the BIDDER/Seller, including warranty period, whichever is later in case BIDDER is unsuccessful, this integrity Pact shall expire after six months from the date of the signing of the contract. Should one or several provisions of the Pact turn out to be invalid, the remainder of this Pact shall remain valid. In this case, the parties will strive to come to an agreement to their original intentions. This pact shall be deemed as part of the contract that may be entered into pursuant to this RfP. The parties hereby sign this integrity Pact, at _____ on ___ BUYER BIDDER Name of the Officer Chief Executive Officer Designation SIDBI Witness Witness _________________ _________________ _________________ _________________ Provisions of these clauses would need to be amended / deleted in line with the policy of the BUYER in regard to involvement of Indian agents of foreign suppliers. Annexure – XI : Bank Guarantee KNOW ALL MEN BY THESE PRESENTS that in consideration of the Small Industries Development Bank of India (SIDBI), a Corporation constituted and established under the Small Industries Development Bank of India Act, 1989, and having its Head Office at SIDBI Xxxxx, 00 Xxxxx Xxxx, Lucknow, 226001, and office at, MSME Development Centre, Plot No. C-11, G Block, Bandra Kurla Complex (BKC), Bandra (E), Mumbai – 400 051 (hereinafter called the SIDBI ) having agreed to award a contract to M/s. ‘ Service Provider Name’ having its office at ‘ Service Provider’s Office Address’, (hereinafter called “the Service Provider”) for “Appointment of consultant for formulation and implementation of Business cum Developmental Strategy, Organizational Restructuring – SIDBI Vision-2.0” on the terms and conditions contained in the order No………. dated __________ placed with the Service Provider by SIDBI (hereinafter called “the said Order”) which terms, interalia, stipulates for submission of Bank guarantee for 10% of the contract value i.e. `. _______ (Rupees _____________________ only), for the due fulfillment by the Service Provider of the terms and conditions of the said Order. At the request of the Service Provider, (Bank name & address) _______, having its principal/ registered office at ____________________________ and, for the purposes of this Guarantee, acting through its branch namely (Bank name & add...
Validity. The quoted rates must be valid for a period for 365 days from the date of closing of the tender. The overall offer for the assignment and bidder(s) quoted price shall remain unchanged during the period of validity. If the bidder quoted the validity shorter than the required period, the same will be treated as unresponsive and it may be rejected.