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Client Query 147:- Hi, wanted to ask that one of the Public Company floated the tender in year 2015, both technical & commercial envelopes was also opened, then tender was cancelled by the authority and bid security refunded to all the bidders after cancellation, Now in May 2017, that public company started the correspondence with bidders and advised them to provide the bid security and extend the validity of their offer against that cancelled tender.In this regard, we needed your clarification that can that public company reactivate that cancelled tender?

 

Sarmad Zaman, UK
Answer:- Thank you for writing to us! As per your query, after the cancellation of tender it is not possible, the procuring agency may re-bid of procurement.

If you wish to inquire anything else you may set up an appointment with our extremely competent team of lawyers and visit our office which is located at GF-13, Tower A, The Centaurus, Islamabad, Pakistan.

You can also reach us at 0092-300-5075993.

See also  Business Laws In Pakistan

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