Bid Validity definition

Bid Validity means the period for which the Bids shall remain valid.
Bid Validity meansthe period for which the Bids shall remain valid.
Bid Validity means the period in which bids submitted remain valid for comparison, evaluation, approval and subsequently for contract award.

Examples of Bid Validity in a sentence

  • The Bid Validity Period may be extended by mutual consent of the respective Bidders and NEA.

  • The Bid Security shall be, at the option of the bidder, in the form of Deposit at Call or a Bank Guarantee issued by a Scheduled Bank in Pakistan in favor of the Employer valid for a period 28 days beyond the Bid Validity date.

  • If a bidder extends the period of bid validity pursuant to clause 3.22 of RfS, the validity of EMD shall also be extended so that it remains valid for a period of 120 days beyond the Bid Validity.

  • Form C: Bid Submission Bid Validity Form C Eligibility and Qualification CriteriaAll criteria will be evaluated on a Pass/Fail basis.If the bid is submitted as a Joint Venture, Consortium or Association, each member should meet the minimum criteria, unless otherwise specified.Bidder is a legally registered entity Form D: Bidder Information Bidder belongs to a diverse supplier group including micro, small or medium sized enterprise, women or youth owned business or other.

  • All payments shall be made in Indian Rupees.15 Bid Validity 15.1 Bids shall remain valid for a period of 120 days after the deadline date for bid submission specified in Clause 20.

  • A Bid shall remain valid for acceptance until the relevant Bid Validity Date indicated in the Bidding Timetable.

  • Prior to the expiration of the period of Bid Validity, the UNDP will send the successful Bidder the Contract.

  • The bid securities of unsuccessful bidders will be returned as promptly as possible, but not later than 28 days after the expiration of the period of Bid Validity.

  • The Bid Validity period starts from the date fixed for the Bid submission deadline (as prescribed by the Procuring Agency in accordance with ITB 22.1).

  • We agree to abide by this Bid for the Bid Validity Period specified in Clause16.1 of the Bid Data Sheet and it shall remain binding upon us and may be accepted at any time before the expiration of that period.


More Definitions of Bid Validity

Bid Validity means the period within which the bidder is bound by its offer and such offer cannot be withdrawn without forfeiting its bid security.
Bid Validity means the period forwhich the Bids shall remain valid.

Related to Bid Validity

  • Governing Law This Agreement is governed by, and shall be construed in accordance with, English law.

  • Harassment, intimidation, or bullying means any gesture, any written, verbal or physical act, or any electronic communication, as defined in N.J.S.A. 18A:37-14, whether it be a single incident or a series of incidents that: