AAICLAS definition
AAICLAS means the AAI CARGO LOGISTICS AND ALLIED SERVICES COMPANY LIMITED 2. "The Bidder / Tenderer” means the individual or firm who participates in this tender and submits its bid. 3. “Bid Manager” means the AAICLAS executive responsible for signing all documents from AAICLAS side and shall coordinate all the activities of the project with the bidder / contractor. 4. The Contractor" means any individual or firm or company to whom the contract shall be awarded for supply of machine against this tender. 5. “Day” means a day starting from 0000 hrs. to 2400 hrs. 6. “Hour” means an hour of 60 minutes. For the purpose of calculation, fraction of an hour upto 30 minutes will be ignored and more than 30 minutes will be treated as full one hour. 7. “Month” means a calendar month or a cycle month depending on the date of commencement of the contract. For all pro-rate calculation, the number of days considered in a month will be 30. 8. “The Award Letter / Work Order” means the order placed on contractor / firm for providing of vehicle on hire basis. 9. “The Contract” means the agreement signed between the AAICLAS and the Contractor as per the terms and conditions contained in the tender. 10. "The Contract Price" means the price payable to the Contractor under the Works Order for the full and proper performance of its contractual obligations. 11. “Non-responsive Bid” means a bid, which is not submitted as per the instructions to the bidders or Earnest Money Deposit has not been attached, or the required data has not been provided with the Bid or incomplete bids or intentional errors have been committed in the Bid.
AAICLAS means the “AAI CARGO LOGISTICS AND ALLIED SERVICES COMPANY LTD”.