Common use of Procurement Method, Paragraph C4 Clause in Contracts

Procurement Method, Paragraph C4. Timeframe for Offers in Mini-Bids. "Pre- Existing Inventory Vehicles: The timeframe during which offers shall remain firm and cannot be withdrawn shall be ten (10) calendar days from the date of the Mini-Bid’s bid opening, or such other period of time as specified in the Mini-Bid. The ten (10) calendar day period commences on the calendar day immediately following the date of the Mini-Bid’s bid opening. In order for a bid to be responsive to a Mini-Bid involving Pre-Existing Inventory Vehicles Contractor is required to retain the Pre-Existing Inventory Vehicles for the ten (10) calendar day period, or such other period of time as set forth in the Mini-Bid, bids are required to remain firm and cannot be withdrawn. Contractor’s failure to retain the Pre-Existing Inventory Vehicles for such period of time shall render Contractor’s bid non-responsive and the bid shall be disqualified."]

Appears in 21 contracts

Sources: Centralized Contract for the Acquisition of Light Duty Vehicles, Contract for the Acquisition of Light Duty Vehicles, Contract for the Acquisition of Light Duty Vehicles