Contract Signing নমুনা ধারাবাহিকতা

Contract Signing. 67.1 At the same time as the Procuring Entity issues the NOA, the Procuring Entity shall send the draft Contract Agreement and all documents forming the Contract to the successful Tenderer(s). 67.2 Within twenty-eight (28) days of the issuance of NOA, the successful Tenderer(s) and the Procuring Entity shall sign the contract. 67.3 Failure of the successful Tenderer(s) to furnish the Performance Security, as stated under ITT SubClause 62.1, or sign the Contract, as stated under ITT SubClause 66.2, shall constitute sufficient grounds for the annulment of the award and forfeiture of the Tender Security. In that event the Procuring Entity may award the Contract to the next lowest evaluated responsive Tenderer(s), whois determined by the TEC to be qualified to perform the Contract satisfactorily. Publication of 68.1 The NOA for Contract of Taka one crore and above shall be notified by the Procuring Entity to the Central Procurement Technical Unit within 7(seven) days of its issuancefor publication in their website, and that notice shall be kept posted for not less than a month.