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[Cites 0, Cited by 0] [Section 42] [Entire Act]

State of Rajasthan - Subsection

Section 42(13) in Rajasthan Transparency in Public Procurement Rules, 2013

(13)The procuring entity shall promptly return the bid security after the earliest of the following events, namely :-
(a)the expiry of validity of bid security;
(b)the execution of agreement for procurement and performance security is furnished by the successful bidder;
(c)the cancellation of the procurement process; or
(d)the withdrawal of bid prior to the deadline for presenting bids, unless the bidding documents stipulate that no such withdrawal is permitted.