What is the difference between the validity period of bidding and the deadline for bidding?

Updated on Financial 2024-07-29
5 answers
  1. Anonymous users2024-02-13

    The deadline for bidding is not waiting for the expiration date, and the tender will not be accepted after this date, which is generally the time for opening the bid.

    The validity period of the bid refers to the fact that the tender is still valid for the bidder within a period of time after the bid is opened.

    The bidding deadline (here should be the bidding deadline, the requirement is the precise time) is the latest time for you to submit the bidding documents, and the tenderer will no longer accept the bidding documents submitted after the bidding deadline.

    The validity period of the bid is how many days from the deadline for bidding, and the general bidding documents stipulate that it cannot be less than how many calendar days. For example, if the validity period of the bid is 60 days, the validity period of the bid responded by the bidder in the bid letter should not be less than 60 days, which can be more than 60 days, not less than 60 days. This 60 days is counted from the time of bid opening (i.e. the bid deadline mentioned above).

    Article 34 of the Tendering and Bidding Law stipulates that the opening of bids shall be made public at the same time as the deadline for submitting bidding documents determined in the bidding documents. The function of the validity period of this bid is to ensure that the substantive response of your bid (bidding ** and business and technical commitments, etc.) from the deadline of the bid to the completion of the contract is always valid, and does not change due to any reason such as raw material floating, market environment, policy factors, etc., you have no right to modify the bid within the validity period of the bid (otherwise you will be fined and confiscate the bid deposit), and the tenderer and the winning bidder cannot sign a contract that deviates from the bidding documents and bidding documents.

    Therefore, the stipulated validity period of the bid should be the theoretical shortest time required for the process of bid evaluation, bid awarding, bid winning, publicity, negotiation and contract signing, not only limited to the evaluation of the bid and the publicity period. The return of the bid deposit of the winning bidder after the contract is signed is also based on the above provisions.

  2. Anonymous users2024-02-12

    The deadline is not waiting, and the tender will not be accepted after this date, which is generally the time for opening the bid; The validity period of the bid refers to the period of time after the opening of the bid, the construction period and other contents are still valid for the bidder, and the general bidding documents are determined for how long. I have voted for a maximum period of time and the request is valid for 24 months.

  3. Anonymous users2024-02-11

    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.

    Before the deadline for submitting bidding documents required by the bidding documents, the bidder may supplement, modify or withdraw the submitted bidding documents and notify the tenderer in writing. The content of supplements and modifications is an integral part of the bidding documents.

    Legal basis: Article 29 of the Tendering and Bidding Law of the People's Republic of China The bidder may supplement, modify or withdraw the submitted bidding documents before the deadline for submitting the bidding documents required by the bidding documents, and notify the tenderer in writing. The content of supplements and modifications is an integral part of the bidding documents.

  4. Anonymous users2024-02-10

    The validity period of the tender is usually calculated from the time of the opening of the bid, that is, from the deadline for the tender. 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.

    The expiration time of the bidding validity period is usually not a specified dead time point, and different project tenders may have different validity period termination times. The validity period of the bid is after the tender is submitted, in order to maintain the seriousness of the bidding activities, a period is specially agreed, and the tender cannot be withdrawn by the bidder at will during this period. Otherwise, the penalty of confiscation of the bid bond will be imposed.

    Legal basisArticle 29 of the Measures for Bidding and Bidding for the Construction of Engineering Construction Projects, the bidding documents should stipulate an appropriate validity period for bidding to ensure that the tenderer has enough time to complete the bid evaluation and sign the contract with the winning bidder. The validity period of the bid is calculated from the date of the deadline for the bidder to submit the bid documents. Before the end of the validity period of the original bid, if there are special circumstances, the tenderer may request all bidders in writing to extend the validity period of the bid.

    If the bidder agrees to extend, it shall not be required or allowed to modify the substantive content of its bid documents, but shall extend the validity period of its bid bond accordingly; If the bidder refuses to extend, its bid will be invalid, but the bidder has the right to withdraw its bid bond. If the bidder loses due to the extension of the validity period of the bid, the tenderee shall compensate for it, except for the need to extend the validity period of the bid due to force majeure.

  5. Anonymous users2024-02-09

    Validity period of bidding: It is the validity period of the bidding documents stipulated in the bidding documents, calculated from the deadline for submitting bidding documents. Deadline for bidding:

    The time limit shall be specified by the tenderer in the bidding documents, that is, the date of bid opening. It is the latest time to submit the bidding documents, and the tenderer will no longer accept the bidding documents submitted after the bidding deadline.

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