BIDS PLACED BY BIDDER. The bid of the bidder will be taken to be an offer to execute the work. Bids once made by the bidder cannot be cancelled. The bidder is bound to execute the work as mentioned above at the price that they bid. Should any bidder back out and not make the supplies as per the rates quoted, SBI and/ or ETL shall take action as appropriate.
Appears in 5 contracts
Samples: General Conditions of Contract, General Conditions of Contract, General Conditions of Contract
BIDS PLACED BY BIDDER. The bid of the bidder will be taken to be an offer to execute the work. Bids once made by the bidder cannot be cancelled. The bidder is bound to execute the work the as mentioned above at the price that they bid. Should any bidder back out and not make the supplies as at per the rates quoted, SBI and/ SBIIMS and / or ETL shall take action as appropriate.
Appears in 2 contracts
BIDS PLACED BY BIDDER. The bid of the bidder will be taken to be an offer to execute the work. Bids once made by the bidder cannot be cancelled. The bidder is bound to execute the work as mentioned above at the price that they bid. Should any bidder back out and not make the supplies as per the rates quoted, SBI and/ and / or ETL shall take action as appropriate.
Appears in 2 contracts
