Bid Validity definition

Bid Validity means the period for which the Bids shall remain valid.
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Bid Validity means the period within which the bidder is bound by its offer and such offer cannot be withdrawn without forfeiting its bid security.
Sample 1Sample 2Sample 3
Bid Validity meansthe period for which the Bids shall remain valid.
Sample 1Sample 2Sample 3

Examples of Bid Validity in a sentence

  • We agree to abide by this Bid for the Bid Validity Period specified in BDS provision for ITB Clause 18.2 and it shall remain binding upon us and may be accepted at any time before the expiration of that period.

  • We agree to abide by this Bid for the Bid Validity Period specified in BDS provision for ITB Clause 17.1 and it shall remain binding upon us and may be accepted at any time before the expiration of that period.

  • No Bid may be withdrawn in the interval between the Deadline for Submission of Bids and the expiration of the Period of Bid Validity.

  • Bids shall remain valid for 180 days from the due date of submission of the bid.Notwithstanding clause above, the TPCODL may solicit the Bidder’s consent to an extension of the Period of Bid Validity.

  • We agree to abide by this Bid for the Bid Validity Period specified in BDS provision for ITB Clause 14.2 and it shall remain binding upon us and may be accepted at any time before the expiration of that period.

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

  • Bid Validity Period.............................................................................................................510.

  • Prior to the expiry of the original Bid Validity Period, WAPCOS, at its discretion, request Bidders to extend the Bid Validity Period for a specified additional period and also correspondingly extend the period of validity of EMD.

  • Bids shall remain valid for 180 days from the due date of submission of the bid.Notwithstanding clause above, the TPC may solicit the Bidder’s consent to an extension of the Period of Bid Validity.

  • Bids shall remain valid for 180 days from the due date of submission of the bid.Notwithstanding clause above, the TPNODL may solicit the Bidder’s consent to an extension of the Period of Bid Validity.


More Definitions of Bid Validity

Bid Validity means the period in which bids submitted remain valid for comparison, evaluation, approval and subsequently for contract award.
Sample 1Sample 2
Bid Validity means the period for which the Bids shall remainvalid.
Sample 1
Bid Validity means the period forwhich the Bids shall remain valid.
Sample 1

Related to Bid Validity

  • Permeability of a space means the ratio of the volume within that space which is assumed to be occupied by water to the total volume of that space.

  • Bid Process means the process of selection of the Successful Bidder through competitive bidding and includes submission of Bids, scrutiny and evaluation of such Bids as set forth in the RFP.

  • Error Quote (Spike) means an Error Quote with the following characteristics:

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.