terms of
condition No. 2 of the Special Conditions of Contract revocation of tender
was by itself sufficient to call for forfeiture of the earnest ... corporation, revocation of the 'tender'
could be only by the bidder/tenderer concerned. The expression "revocation"
may have been loosely used
High Court appears to have confused
revocation of the tender with revocation of the tender
notice. The expression "revocation of tender" does ... corporation, revocation of the 'tender' could be only by
the bidder/tenderer concerned. The expression
"revocation" may have been loosely used
terms of condition No. 2 of the Special Conditions
of Contract revocation of tender was by itself sufficient to call for
forfeiture of the earnest ... appellant-corporation, revocation of the ‘tender’
4
could be only by the bidder/tenderer concerned. The expression
“revocation” may have been loosely used
revoke a tender would be void under Section 25 of the Indian Contract Act; and any tender before acceptance is revocable under Section ... substance intended to modify the existing law that a tender is revocable before acceptance and that an agreement not to withdraw the tender before acceptance
construction. In April 2004, respondent No.2 published a
notice inviting tenders for construction of married
accommodation at Shankar Vihar-II, Pocket, Delhi
Cantonment ... treated
this correction made by the petitioner in its tender as
revocation of its offer and forfeited the earnest money of Rs.40
lacs furnished
money shall be forfeited on the following grounds:
(a) On revocation of the tender or,
(b) On refusal to enter into a contract afterward ... condition No.2 and one of these contingencies was the revocation
of the tender, which would, in the context in which the special
provision
tender notice
that the tenderer/contractor has to inspect the premises before
submitting the quotation. As per the terms and conditions of
tender notice, there ... before acceptance of his
quotation requesting the plaintiff to reduce the tender amount.
Revocation of the offer is different to that of bargaining
tenders was an invitation to make an offer. The tenders, when submitted by the parties, the petitioner company included, were the offers. The tenders were ... cause of frustration. The offer on the tenders was revoked before it was accepted. The revocation, within the meaning
doubt that they had revoked their tenders before their acceptance was transmitted by post. The revocation communications were received by the State Government ... arises is what would be the consequences of the withdrawal of the tenders before they were accepted. In this connection Clause 11 of the Tender
Laws of England, Vol. 11, the revocation of offer has been stated as :
Revocation of offer.--A proposal can be revoked at any time before ... proposer to the other party. For example, if the tender conditions require the revocation to be communicated to him. There is no specific mode
