The bidder as successful bidder has failed to establish acceptable performance bond (s) within fourteen (14) calendar days after the effective date of the contract.
Not accurate bidding is main reason of failing to be successful bidder.
The bidder, as successful bidder, has failed to establish acceptable Performance Bonds within (number) calendar days after the effective date of the contract.
Article24 Application for postponement under Paragraph3, Article16 of the Act shall be submitted by the successful bidder prior to expiration of the3- month term for improvement.
The successful bidder should be in charge of the controllable detailed program designing and planning work and the Tenderee will pay RMB300000.
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