Tenders must be delivered to the address below not later than Thursday 16th May 2024 at 12.00 noon and must be accompanied by a tender security of Kshs 203,171.10 in the Currency specified in the tender document in the form of a bank guarantee from a reputable bank and must be delivered with the Tender Documents in the technical bid , (bid bonds from insurance companies will NOT be accepted). [...] 2.5 Tender Prices and Currencies 2.5.1 The tenderer shall indicate on the appropriate Price Schedule, the unit prices inclusive of all taxes and the total tender price of the items proposed to be purchased under the contract. [...] 2.10 Withdrawals of tender 2.10.1 No tender may be withdrawn in the interval between the deadline for submission of tenders and the expiration of the period of tender validity specified by the tenderer. [...] If the Tenderer, having been notified of the acceptance of its tender by the Purchaser during the period of tender validity (a) fails or refuses to sign the Contract Agreement when required; or (b) Fails or refuses to issue the performance security in accordance with the Instructions to Tenderers. [...] We undertake to pay to the Purchaser up to the above amount upon receipt of its first written demand, without the Purchaser having to substantiate its demand, provided that in its demand the Purchaser will note that the amount claimed by it is due it, owing to the occurrence of any one of the two above-named CONDITIONS, and specifying the occurred condition or conditions.
- Pages
- 16
- Published in
- Kenya
