PPR 2008 Rule 25Bid Validity Period

Rule 25 prescribes the validity period for bids submitted under public procurement. The validity period must be specified in the tender documents and is typically 90 days for goods and works procurements, and may extend up to 120 or 180 days for complex works requiring detailed evaluation. A bidder is bound to the bid throughout this period. The procuring entity may, before expiry, request bidders to extend the validity period — bidders may accept or refuse without forfeiture of bid security if refusing. Any extension after award must be accompanied by a corresponding extension of the bid security validity. Award of contract must occur within the original or extended validity period; otherwise, the procurement process must be re-tendered.