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OKHAHLAMBA LOCAL MUNICIPALITYOFFICE OF THE MUNICIPAL MANAGERCONTRACT NO: 8/1/1/4/10 MM 01/2023THE PROVISION OF SPECIALISED LEGAL SERVICES FOR OKHAHLAMBA LOCAL MUNICIPALITY BIDDERS NAME:AMOUNT:AMOUNT
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How to fill out bid validity extensions

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How to fill out bid validity extensions

01
Review the original bid validity period specified in the bid document.
02
Communicate with the contracting authority to confirm the need for an extension.
03
Prepare a formal request letter for the extension, including your reasons.
04
Specify the new proposed validity period in the request.
05
Submit the request to the contracting authority and keep a copy for your records.
06
Wait for a response or confirmation from the contracting authority regarding the extension.

Who needs bid validity extensions?

01
Bidders who require more time for their proposal to be considered.
02
Contracting authorities needing to extend the evaluation period of received bids.
03
Organizations dealing with projects that encounter unforeseen delays during the bidding process.
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Bid validity extensions refer to the process of extending the period during which a submitted bid remains valid and can be accepted by the entity requesting the bids.
Typically, the bidder who wishes to extend the validity of their bid must file a request for bid validity extensions.
Bid validity extensions should be filled out by providing the necessary details such as bidder's information, original bid details, the requested extension period, and any relevant supporting documentation.
The purpose of bid validity extensions is to allow bidders additional time to keep their bids valid, providing more time for the evaluation process or for circumstances that may require an extension.
The information that must be reported includes the original bid submission date, the requested new validity date, contact information for the bidder, and any other relevant details regarding the bid.
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