The tender and tender securities shall only become effective upon expiry of the withdrawal period provided for in Chapter F of this Code.
The tender shall be valid for the period specified in the tendering documents; in the absence of written provisions in the tendering documents, the tender is valid, whichever comes first, either for a period of twenty (20) days in addition to the period of validity mentioned in the tendering documents for tenders from recipient contractors, or for a period of thirty (30) days following the award of the general contractor’s contract; if no period is mentioned for the contractors receiving the tender, the tender is valid for the period mentioned on the BSDQ tender form.
The bond provided as tender security shall be valid for the same period as the tender