Terms & Conditions

Tender/Quotation Requirements

Suppliers responding to tender/quotation invitations are required to comply with the conditions listed below. Tenders of suppliers failing to do so may be subject to disqualification.

1. The Tender/Quotation must be legible, written in ink or type written. The unit price and total price for every item and all other entries must be clearly shown.
2. The bid must not be qualified by any statement that conflicts with the terms and conditions of the tender call.
3. A bidder desiring to make adjustments to a tender/quotation must submit the information via electronic mail, facsimile, or in writing prior to tender/quotation closing. Information received after the closing time shall not be considered and will be returned to the bidder.
4. The tender/quotation shall be accompanied by the appropriate bid deposit if required. Security deposits in the form of a bid bond, performance bond, certified cheque, bank draft, money order or irrevocable letter of credit shall be made payable to the Research & Development Corporation account in the amount specified in the tender.
5. Unless otherwise specified, tenders without a corporate seal are acceptable.
6. Tenders/quotations shall have appropriate authorized signatures of the company, proprietorship or partnership. However, the supplier has 48 hours in which to sign a tender after the tender has closed.
7. A supplier who has submitted a tender/quotation may request that it be withdrawn.