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Ed (other than Nationalized Bank), shall be a commercial Bank having net worth in excess of Rs. 100 Crores and a declaration to this effect should be made by such commercial bank either in Bank Guarantee itself on separately on Bank's letter head. Further Bank Guarantee issued by All India Level Public Financial Institution may also be accepted on case to case basis provided it is (a) rated AAA by any rating agency like CRISIL & (b) authorized by way of Law/its memorandum to issue such guarantee.

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For small procurements, the bid validity period may be 30 to 60 days. For more complex procurements, it can be 90 days or more, depending on how long it is estimated to take from the bid opening date until the contract is signed.

More Definitions of Proposal Validity Period Proposal Validity Period means a period of 180 days from the Proposal Due Date during which the Proposal/ Bid of the Bidder shall remain valid.

Contract Validity Period is the period of time beginning with the Effective Date of this Contract and ending with the Date of Termination of the Contract, including any postponements provided for hereunder.

Definitions: The period of time during which a certificate is intended to be valid; the period of time between the start date and time and end date and time in a certificate. Sources: NIST SP 800-57 Part 2 Rev.1.

Proposal Validity Period means a period of 180 days from the Proposal Due Date during which the Proposal/ Bid of the Bidder shall remain valid.

Concept: The validity of the bid should be 90 days from the date of opening of the tender. Rates offered in the tender remain valid for 3 months from the date of opening of the tender. The term tender refers to an invitation to bid for a project.

The Tender Security shall be valid for 28 days beyond the period of validity of the Tender.

(IRR-A Section 28) The recommended norm for bid validity is ninety (90) calendar days with the corresponding bid security valid for one hundred twenty (120) calendar days to provide reasonable time (thirty (30) calendar days) for the Procuring Entity to act if the security is to be called.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232