Bid Validity. 15.1. The bid shall be valid for Sixty (60) days from the date of submission of the bid. Any Bids which do not meet the validity requirement shall be rejected by the Procuring agency as non-responsive. 15.2. In exceptional circumstances, prior to expiry of the original time limit, the Procuring agency may request that the bidders may extend the period of validity for a specified additional period. The request and the bidder’s responses shall be made in writing or e-mail. A bidder may refuse the request without forfeiting his bid security. A bidder agreeing to the request will not be required or permitted to modify his bid but will be required to extend the validity of his bid security for a period of the extension.
Appears in 2 contracts
Sources: Tender Agreement, Tender Agreement
Bid Validity. 15.1. 11.1 The bid Bid shall be remain valid and open for Sixty (60) acceptance for a period of 180 days from the Last date of submission of the bid. Any Bids which do not meet the validity requirement shall be rejected by the Procuring agency as non-responsiveBid.
15.2. In 11.2 in exceptional circumstances, prior to expiry of the original time limitBid validity period, the Procuring agency Employer/the Engineer may request that the bidders may extend Bidders for a specified extension in the period of validity for a specified additional periodvalidity. The request and the bidder’s responses response thereto shall be made in writing or eby Tele-mailfax. A bidder Bidder may refuse the request without forfeiting his bid security. Bid Security, A bidder Bidder agreeing to the request will request, shall not be required or permitted to modify his bid Bid but will be required to extend the validity of his bid Bid security for a period of the extensioncorrespondingly.
Appears in 2 contracts
Sources: Cleaning & Housekeeping Contract, Cleaning & Housekeeping Contract
Bid Validity. 15.1. The bid 15.1 Bids shall be remain valid for Sixty (60) a period not less than ninety days from after the deadline date of for bid submission of the bidspecified in Clause 20. Any Bids which do not meet the validity requirement A bid valid for a shorter period shall be rejected by the Procuring agency employer as non-responsive.
15.2. 15.2 In exceptional circumstances, prior to expiry of the original time limit, the Procuring agency employer may request that the bidders may extend the period of validity for a specified additional period. The request and the bidder’s bidders' responses shall be made in writing or e-mailby cable. A bidder may refuse the request without forfeiting his bid security. A bidder agreeing to the request will not be required or permitted to modify his bid bid, but will be required to extend the validity of his bid security for a period of the extension, and in compliance with Clause 16 in all respects.
15.3 Deleted
15.4 Deleted
Appears in 2 contracts
Sources: Construction Contract, Construction Contract