Common use of Period of Validity of Bids Clause in Contracts

Period of Validity of Bids. 18.1. Bids shall remain valid for the Bid Validity period specified in the BDS. The Bid Validity period starts from the date fixed for the Bid submission deadline (as prescribed by the Procuring Agency in accordance with ITB 22.1). A Bid valid for a shorter period shall be rejected by the Procuring Agency as nonresponsive.

Appears in 5 contracts

Sources: Framework Agreement, Framework Agreement, Framework Agreement

Period of Validity of Bids. 18.1. 18.1 Bids shall remain valid for the Bid Validity period specified in the BDS. The Bid Validity period starts from the date fixed for the Bid submission deadline (as prescribed by the Procuring Agency in accordance with ITB 22.1). A Bid valid for a shorter period shall be rejected by the Procuring Agency as nonresponsive.

Appears in 1 contract

Sources: Framework Agreement for Goods

Period of Validity of Bids. 18.1. 18.1 Bids shall remain valid for the Bid Validity period specified in the BDS. The Bid Validity period starts from BDS after the date fixed for the Bid bid submission deadline (as date prescribed by the Procuring Agency Employer in accordance with ITB 22.1). A Bid bid valid for a shorter period shall be rejected by the Procuring Agency Employer as nonresponsivenon- responsive.

Appears in 1 contract

Sources: Bidding Document