Common use of Acceptance of Quotation Clause in Contracts

Acceptance of Quotation. TransGrid is not bound to accept any Quotation and is not in any circumstances responsible for any costs incurred by the Supplier in preparing and submitting a Quotation. TransGrid reserves the right to accept a Quotation on an item by item basis. The Quotation is deemed to be accepted on the date that TransGrid places a Purchase Order with the Supplier.

Acceptance of Quotation. TransGrid is not bound to accept any Quotation and is not in any circumstances responsible for any costs incurred by the Supplier in preparing and submitting a Quotation. TransGrid reserves the right to terminate the tender process at any time prior to the acceptance of the Quotation, without incurring any liability to the parties responding to the tender. TransGrid reserves the right to accept a Quotation on an item by item basis. The Quotation is deemed to be accepted on the date that TransGrid places a Purchase Order with the Supplier.