Automatic Restoration of Eligibility to Bid Sample Clauses
The "Automatic Restoration of Eligibility to Bid" clause defines the conditions under which a party that was previously disqualified or suspended from bidding regains the right to participate in future bidding processes. Typically, this clause outlines specific criteria or timeframes after which eligibility is automatically reinstated, such as the completion of a suspension period or fulfillment of remedial actions. Its core function is to provide a clear and predictable pathway for parties to re-enter the bidding process, ensuring fairness and encouraging compliance with contractual or regulatory requirements.
Automatic Restoration of Eligibility to Bid. The Contractor’s eligibility to bid upon state contracts shall be restored automatically as of the date of achievement of Final Completion as evidenced by the Certificate of Final Completion.
Automatic Restoration of Eligibility to Bid. The CM/GC’s eligibility to bid upon state contracts shall be restored automatically as of the date of achievement of Final Completion as evidenced by the Certificate of Final Completion.
Automatic Restoration of Eligibility to Bid. Design-Builder’s eligibility to bid upon state contracts shall be restored automatically as of the date of achievement of Interim Punchlist Completion as evidenced by Design Professional’s Certificate of Interim Punchlist Completion.