Bid Validity Period Sample Clauses

Bid Validity Period. Any extension of the bid validity period shall be granted only under exceptional circumstances and for the minimum period required to complete the evaluation, obtain required approvals, and award the contract.
Sample 1Sample 2
AutoNDA by SimpleDocs
Bid Validity Period. Any extension of the bid validity period shall be granted only under exceptional circumstances and for the minimum period required to complete the evaluation, obtain required approvals, and award the contract. Bid Security Bid security may not be required for any procurement under contracts of less than $100,000 equivalent. Qualification Criteria Exclusion from participation in bidding for contracts as a result of debarment by the Recipient may only result from a violation on clearly identified grounds of fraud and corruption in accordance with a fair and transparent process resulting in a final decision. Standard Bidding Documents National standard bidding documents, in form and substance satisfactory to the World Bank, shall be used. Bid Opening Bids shall be opened in public, at the same time, or immediately after the deadline for the submission of bids. A copy of the minutes of the public bid opening shall be provided promptly to all bidders and the World Bank with respect to contracts subject to Prior Review by the World Bank. Rejection of All Bids and Re-bidding All bids shall not be rejected, nor new bids solicited, without the prior written agreement of the World Bank. Confidentiality Disclosure following the public opening of bids of the examination, clarification, and evaluation of bids and the recommendation of awards shall not be permitted until publication of the notice of award.
Sample 1
Bid Validity Period. Our Bid shall be valid for a period specified in BDS 16.1 (or as amended if applicable) from the date fixed for the Bid submission deadline specified in BDS 21.1 (or as amended if applicable), and it shall remain binding upon us and may be accepted at any time before the expiration of that period;
Sample 1
Bid Validity Period a. The proposals shall be valid for a period of Six (6) calendar months from the date of submission of Bids. A proposal valid for a shorter period may be rejected as non-responsive. On completion of the validity period, unless the Bidder withdraws his proposal in writing, it will be deemed to be valid until such time that the Bidder formally (in writing) withdraws his proposal.
Sample 1
Bid Validity Period. The IE Bids shall be effective and commit IE Bidders for six (6) months from the day after the IE Tender is conducted, with the IE Tender Committee having the right to extend such term unilaterally, by means of a statement, for a further period of six (6) months.
Sample 1

Related to Bid Validity Period

  • Validity Period 16. This FSA is valid for a time-defined period. Should the service operator be in breach of any terms of condition of the Agreement and fail to remedy the same in such manner and within such time as shall be specified in a written notice from SWD that the same be remedied, SWD may after expiry of such notice, terminate this Agreement by giving 30 days’ notice in writing to the service operator.

  • Period of Validity of Bids a) Bids submitted by the bidders shall remain valid during the period specified in the NIB/ bidding document. A Bid valid for a shorter period shall be rejected by the procuring entity as non-responsive Bid.

  • Period of Validity of Tenders 17.1 Tenders shall remain valid for the Tender Validity period specified in the TDS. The Tender Validity period starts from the date fixed for the Tender submission deadline (as prescribed by the Procuring Entity in accordance with ITT 21.1). A Tender valid for a shorter period shall be rejected by the Procuring Entity as non-responsive.

  • VALIDITY OF RECEIPT This Receipt shall not be entitled to any benefits under the Deposit Agreement or be valid or obligatory for any purpose, unless this Receipt shall have been (i) executed by the Depositary by the manual signature of a duly authorized officer of the Depositary or (ii) executed by the facsimile signature of a duly authorized officer of the Depositary and countersigned by the manual signature of a duly authorized signatory of the Depositary or the Registrar or a co-registrar.

  • Feasibility Period (a) For a Feasibility Period of ninety (90) days from the date hereof (the "Feasibility Period"), Buyer is granted the right to conduct physical inspections, tests and investigations of the Premises in such a manner as not to inconvenience the tenants and to review copies of the Leases, Service Contracts, bills for calendar years 1994 and 1995 for real estate taxes, utilities (water, sewer, gas and electric) insurance premiums and trash removal pertaining to the Premises. At any time during said Feasibility Period, Buyer shall have the right, for any reason whatsoever, to cancel and terminate this Agreement by serving written notice thereof upon Seller on or before the expiration of said Feasibility Period; if Buyer elects to terminate this Agreement as permitted herein, then this Agreement shall be cancelled and terminated and the Deposit, together with interest earned thereon, shall be returned to Buyer and neither party hereunder shall have any further liability or obligation to the other hereunder except with respect to the indemnifications contained in this Xxxxxxxxx 0, Xxxxxxxxx 5(e) and Paragraph 22; if Buyer fails to exercise its right to terminate this Agreement as permitted herein, then said right shall automatically lapse, terminate and become null and void. Buyer shall indemnify and save harmless the Seller from any liability, loss, cost or expense (including reasonable attorney's fees) arising from or in connection with such inspection and/or entry upon the Premises; said indemnification shall survive Closing and/or termination of this Agreement."

  • Validity of ADR The Holder(s) of this ADR (and the ADSs represented hereby) shall not be entitled to any benefits under the Deposit Agreement or be valid or enforceable for any purpose against the Depositary or the Company unless this ADR has been (i) dated, (ii) signed by the manual or facsimile signature of a duly-authorized signatory of the Depositary, (iii) countersigned by the manual or facsimile signature of a duly-authorized signatory of the Registrar, and (iv) registered in the books maintained by the Registrar for the registration of issuances and transfers of ADRs. An ADR bearing the facsimile signature of a duly-authorized signatory of the Depositary or the Registrar, who at the time of signature was a duly authorized signatory of the Depositary or the Registrar, as the case may be, shall bind the Depositary, notwithstanding the fact that such signatory has ceased to be so authorized prior to the delivery of such ADR by the Depositary.

  • Notice of Committed Borrowing The Borrower shall give the Agent notice (a "Notice of Committed Borrowing") not later than 10:30 A.M. (New York City time) on (x) the date of each Domestic Borrowing, and (y) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying:

  • Validity, etc The Agreement constitutes the legal, valid and binding obligation of the Collateral Custodian, enforceable against the Collateral Custodian in accordance with its terms, except as such enforceability may be limited by applicable Insolvency Laws and general principles of equity (whether considered in a suit at law or in equity).

  • Exclusivity Period During the Exclusivity Period each Party shall:

  • Commitment Period Except in the case of any PIK Loan, such Borrowing Date shall occur during the Commitment Period.

Time is Money Join Law Insider Premium to draft better contracts faster.