Common use of Bid Validity Clause in Contracts

Bid Validity. The bid shall remain valid for a period of 01 year. The Institute reserves the right to requisition the items mentioned in Annexure - B either in whole or in part thereof, minimum being 30 items for the initial installation and execution. The institute may call for the remaining items to be installed subsequently, all within the maximum time limit of 01 year. If any item for which bid has been submitted is not requisitioned for installation, no liability on the institute shall ensue in this regard.

Appears in 6 contracts

Samples: Annual Rate Contract, Annual Rate Contract, Annual Rate Contract

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Bid Validity. The bid shall remain valid for a period of 01 year90 Days. The Institute reserves the right to requisition the items mentioned in Annexure - B C either in whole or in part thereof, minimum being 30 items for the initial installation and execution. The institute may call for the remaining items to be installed subsequently, all within the maximum time limit of 01 year. If any item for which bid has been submitted is not requisitioned for installation, no liability on the institute shall ensue in this regard.

Appears in 2 contracts

Samples: www.fcirewa.mp.gov.in, off.mpstdc.com

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