Tendering Authority definition
Examples of Tendering Authority in a sentence
The Tendering Authority will first open the Technical Bid documents of all Contractors and after scrutinizing these documents will shortlist the Contractors who are eligible for Financial Bidding Process.
Any offer made in response to this tender when accepted by the Tendering Authority will constitute a Contract between the parties.
If the accepted tender cost is 10% or more than 10% below the Amount put to Tender then material brought on site will be tested as per direction of Tendering Authority If the report of the material sent for testing is found unsatisfactory, same will have to be replaced by the contractor at his own cost even though already erected.
PSD/ SD Performance Security Deposit/ Security Deposit Purchaser/ Tendering Authority/ Procuring Entity Person or entity that is a recipient of a good or service provided by a seller (bidder) under a purchase order or contract of sale.
PSD Performance Security Deposit shall be deposited by the successful bidder after receiving the work order Purchaser/ Tendering Authority/ Procuring Entity Person or entity that is a recipient of a good or service provided by a seller (bidder) under a purchase order or contract of sale.