Modification or Withdrawal of Bid before Bid Opening Clause Samples
The 'Modification or Withdrawal of Bid before Bid Opening' clause allows bidders to change or retract their submitted bids prior to the official opening of all bids. In practice, this means a bidder can submit a written notice to the contracting authority to either alter the terms of their bid or withdraw it entirely, as long as this is done before the specified bid opening time. This clause ensures that bidders are not unfairly bound to errors or changes in circumstances discovered before the deadline, promoting fairness and flexibility in the bidding process.
Modification or Withdrawal of Bid before Bid Opening. Prior to the Closing Date, the bidder or bidder’s authorized representative may modify or withdraw the bid by providing written notice of the bid modification or withdrawal to the City Contact via the eBidding System. E-mail or telephonic withdrawals or modifications are not permissible.