- Bids shall be valid for Two Hundred and Seventy (270) calendar days from the date of opening of the Bids. No Bids with validity period less than that specified above will be accepted.
- The Owner reserves the right, prior to expiry of the original Bid validity period, to request that the Bidders extend a period of validity for a specified additional period. The request and the responses thereto shall be made in writing or by cable. A Bidder may refuse the request without forfeiting his bid security. A Bidder agreeing to the request will not be required or permitted to modify his Bid, but will be required to extend the validity of his bid security for the period of the extension at his cost, and in compliance with Clause 1.14. in all respects.
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