Common use of Submission of Tender Security Clause in Contracts

Submission of Tender Security. Checking its validity, whether it is Original; whether it is authentic, whether it is sufficient, whether it is issued by a local bank or Microfinance; Institution, whether it is strictly in the format required in accordance with the sample Tender Security Form(s).

Submission of Tender Security. Checking its validity, whether it is Original; whether it is authentic, whether it is sufficient, whether it is issued by a local bank or Microfinancebank/institution; Institution, whether it is strictly in the format required in accordance with the sample Tender Security Form(s).