What is the tender validity period and what does the tender validity period mean

Updated on Financial 2024-03-10
17 answers
  1. Anonymous users2024-02-06

    The validity period of the bid is calculated from the deadline for submission of bid documents. The validity period of the bid refers to the period of time for the bidder to ensure that the tenderer has enough time to complete the bid evaluation, bid awarding, contract signing and other work after the bid is opened. The termination time of the validity period of the bid is usually specified in advance in the bidding documents, and the bidder promises a time in the tender in accordance with the provisions of the bidding documents.

    The commonly used time periods are 45 days, 60 days, and 90 days. Therefore, the termination time of the validity period of the tender shall be calculated from the time of the opening of the tender, according to the 60 days or 90 days agreed in the tender. Article 24 of the Tendering and Bidding Law.

    The tenderer shall determine the reasonable time required for the bidder to prepare the bidding documents; However, for projects that must be tendered in accordance with the law, the shortest shall not be less than 20 days from the date of issuance of the bidding documents to the date when the bidder submits the bidding documents.

  2. Anonymous users2024-02-05

    The validity period of the bid is calculated from the date of submission of the tender documents, which is the period during which the tender documents remain valid, generally calendar days. During the validity period of the bidding, the bid opening, bid evaluation, bid awarding, and contract signing should be completed, which is not only a constraint on the validity period of the bidder's bidding documents, but also a constraint on the time when the tenderer signs the contract.

  3. Anonymous users2024-02-04

    What is a Tender Validity Chart? The validity period of the bid means that the legal procedure can be exercised normally within the validity period of your proposed bid, and it is not possible to do so after this validity period.

  4. Anonymous users2024-02-03

    If the validity period he is referring to, it is the time of this bidding, and there is a specific time limit for this time period to belong to the validity period.

  5. Anonymous users2024-02-02

    When we participate in an event, we have to participate in the bidding, and the general bidding is valid for two months, so that it can improve its efficiency.

  6. Anonymous users2024-02-01

    It's because the bidding is due to installments, and you can't bid after this week.

  7. Anonymous users2024-01-31

    This validity period is the case, then it should be in the process of your bidding. If this expiration date has passed, it should not be possible.

  8. Anonymous users2024-01-30

    If the validity period is concerned, there is generally a deadline for bidding, generally some are a few days, or sometimes half a month, depending on the situation.

  9. Anonymous users2024-01-29

    The year of the validity of the bid should be 3 to 4 years about the construction of this bid validity period.

  10. Anonymous users2024-01-28

    This is also within this validity period, and the bidding can be effective.

  11. Anonymous users2024-01-27

    What is the Bid Validity Period? Because I want to know about this aspect, I just search on the Internet, check it out, see what works in this aspect, and then go to understand and learn, and I can also go to the local department to consult.

  12. Anonymous users2024-01-26

    Legal analysis: The validity period of the bid refers to the period during which the bidding documents submitted by the bidder are required to remain valid within a certain period of time in order to ensure that the tenderer has enough time to complete the bid evaluation, bid awarding, contract signing and other work after the bid is opened.

    Legal basis: "Regulations on the Implementation of the Tendering and Bidding Law of the People's Republic of China" Article 7 In accordance with the relevant provisions of the State to return to the project examination and approval, approval procedures must be tendered in accordance with the law, the scope of the bidding, the bidding method, the bidding organization form should be reported to the project branch for approval, approval department examination and approval, approval. Project examination and approval, approval departments shall be approved and approved in a timely manner to determine the scope of bidding, bidding methods, bidding organization form of the relevant administrative supervision departments.

  13. Anonymous users2024-01-25

    The validity period of the bid refers to the period of time for the guarantor to have enough time to complete the bid evaluation, bid awarding, contract signing and other work after the bid is opened, and the bid documents submitted by the bidder are required to remain valid for a certain period of time, which is specified in the period from the date of submission of the bid documents.

    The validity period of the bid is calculated from the deadline for bidding, and the time required for bid opening and award is basically the same, and the key to determining the "validity period of the bid" is the calculation of the bid evaluation time.

    The significance of the validity period of the tender.

    1. During the validity period of the bidding, the bidding documents are binding on the bidder, and the bidder shall not change or revoke the submitted bidding documents at will;

    2. Bid evaluation, bid evaluation results publicity, bid awarding, issuance of bid winning notice, contract negotiation, contract signing and other activities must be completed within the validity period of the bid;

    3. The validity period of the bid bond must be consistent with the validity period of the bid;

    4. The validity period of the bid directly limits the final time for awarding the bid, issuing the notice of winning the bid, and signing the contract;

    5. The time requirements for awarding bids, issuing notices of winning bids, and signing contracts can be met by extending the period of validity of bidding.

  14. Anonymous users2024-01-24

    Definition of the validity period of the tenderThe validity period of the bid refers to the period of time for the bidder to ensure that the tenderer has enough time to complete the bid evaluation, bid awarding, contract signing and other work after the bid is opened.

    According to the relevant provisions of the Contract Law, the bidding documents submitted by the bidder as the invitee are invitations. After the invitation takes effect through the opening of bids, the bidder can no longer withdraw it. Once the tenderer as the invitee makes a commitment and delivers it to the invitee, the contract is concluded and the invitee shall not refuse.

    Before the expiration of the validity period of the bid, the bidder must bear the corresponding legal responsibility for the bidding documents submitted by himself.

    Considerations for the validity period of the bidThe validity period of the bid is calculated from the deadline for submission of bid documents, and generally does not exceed 90 days. Under normal circumstances, if the tenderer adopts a more mature e-commerce method, it is not difficult to complete the bid evaluation, award the bid, issue the notice of winning the bid and sign the contract with the bidder within 30 days.

    In general, the duration of the tender period will be stated in the tender documents.

  15. Anonymous users2024-01-23

    The validity period of the bid refers to the validity period of the tender submitted by the bidder within a certain period of time in order to ensure that the tenderer has enough time to complete the bid evaluation, award and contract after the bid is opened, which shall be specified by the tenderer in the bidding documents and calculated from the date of submission of the bid. According to the relevant provisions of the Contract Law, the tender documents submitted by the bidder as the bidder are offers. After the bid is opened, the bidder shall not re-open within the time specified in the bidding documents.

    When the bidder who accepts the offer makes an undertaking and delivers it to the offeror, the contract is concluded and the offeror may not refuse. Before the expiration of the validity period of the tender, the bidder shall bear the corresponding legal responsibility for the tender submitted by it.

  16. Anonymous users2024-01-22

    1. How many days is the bidding valid?

    1. The validity period of the bid is generally 60 or 90 days as agreed. The deadline for tendering is calculated from the time of the opening of tenders. In the first procurement project and some engineering construction projects, the parties will need to bid in accordance with the relevant provisions of the state, and eligible enterprises can bid in accordance with the law.

    Generally, it is required that the parties shall bear the corresponding legal responsibility for the submitted bidding documents within the priority period of bidding.

    2. Legal basis: Article 47 of the Measures for the Bidding and Bidding of Goods for Engineering Construction Projects.

    The bid evaluation committee in the written bid evaluation report recommended by the winning candidates should be limited to one to three people, and indicate the order of ranking. The tenderee shall accept the winning candidate recommended by the bid evaluation committee, and shall not determine the winning bidder outside the winning candidate recommended by the bid evaluation committee.

    For projects that must be tendered in accordance with the law, the tenderer shall publicize the winning candidate within three days from the date of receipt of the bid evaluation report, and the publicity period shall not be less than three days.

    2. What is the bidding process of the project?

    The bidding process for the project is as follows:

    1. Obtain bidding documents;

    2. Preparation of bidding documents;

    3. Submit relevant documents and bidding documents;

    4. Pay the relevant fees;

    5. Hou Biao; 6. Obtain the calibration results;

    7. Obtain the notice of winning the bid;

    8. Sign the contract;

    9. Performance of the contract;

    10.Get back the contract performance bond.

  17. Anonymous users2024-01-21

    Thirty working days. Bids are valid for 30 working days. The validity period of the bid is usually calculated from the time of bid opening, and the bidder shall complete the bid evaluation, the bid award and issue the bid winning notice within the bid validity period, and sign the contract within 30 working days after the bid winning notice is issued.

    Article 46 of the Tendering and Bidding Law stipulates that the tenderer and the winning bidder shall, within 30 days from the date of issuance of the notice of winning the bid, enter into a written contract in accordance with the bidding documents and the bidding documents of the winning bidder. The tenderer and the winning bidder shall not enter into other agreements that deviate from the substantive content of the contract. If the bidding documents require the winning bidder to submit a performance bond, the winning bidder shall submit it.

    Article 47 stipulates that for projects that must be tendered in accordance with the law, the tenderer shall, within 15 days from the date of determining the winning bidder, submit a written report on the bidding and bidding to the relevant administrative supervision departments.

    Precautions should be taken to determine the validity period of the bid.

    1. The bidding documents shall indicate the validity period of the bidding. That is, the tenderer must stipulate the time limit for making commitments to the bidder when issuing the bidding documents. Due to the rapid changes in the drug market, if the tenderer's commitment cannot be made for a long time, it will greatly increase the bidder's business risk.

    In the pilot stage of centralized bidding and procurement, the tenderer after the bid is opened.

    It is quite common for three or five months or even more to not be able to issue a winning bid.

    2. The validity period of the bid shall be calculated from the deadline for submitting the bid documents, and shall generally not exceed 90 days. The validity period of the bid for a centralized bidding procurement project does not need to be 90 days. If the tenderer adopts a more mature e-commerce method, there is no difficulty in completing the bid evaluation, awarding the bid, issuing the notice of winning the bid and signing the drug purchase and sales contract with the bidder within 30 days.

    3. The bid evaluation and award shall be completed 30 days before the deadline for the validity period of the bid. If the bid evaluation and award cannot be completed 30 days before the deadline for the validity period of the bid, the tenderer shall notify all bidders to extend the validity period of the bid. If the extension of the validity period of the bid causes the bidder to lose money, the tenderer shall compensate for it, except for those who need to extend the validity period of the bid due to force majeure.

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