GTC definition

GTC means General Terms & Conditions of Contract.
GTC. (“Good Till Cancelled”) shall mean the Order which is valid until the Client sends the Instruction to delete the Order.

Examples of GTC in a sentence

  • The bidder seeking EMD exemption, must submit the valid supporting document for the relevant category as per GeM GTC with the bid.

  • Successful Bidder can submit the Performance Security in the form of Account Payee Demand Draft also (besides PBG which is allowed as per GeM GTC).

  • Successful Bidder can submit the Performance Security in the form of Payment online through RTGS / internet banking also (besides PBG which is allowed as per GeM GTC).

  • This Bid is also governed by the General Terms and Conditions In terms of GeM GTC clause 26 regarding Restrictions on procurement from a bidder of a country which shares a land border with India, any bidder from a country which shares a land border with India will be eligible to bid in this tender only if the bidder is registered with the Competent Authority.

  • Successful Bidder can submit the Performance Security in the form of Fixed Deposit Receipt also (besides PBG which is allowed as per GeM GTC).


More Definitions of GTC

GTC means our General terms and conditions containing herein which are an integral part of each transport order.