Contract duration: 3 years. The NNR reserves the right to: amend bid conditions/specifications; extend validity period or closing date; reject any/all bids; award to the most technically acceptable/financially advantageous bidder; extend/decrease scope; cancel/terminate the process at any stage; conduct site inspections/due diligence; negotiate rates; and award to the next best bidder if the selected bidder fails to agree. A Service Level Agreement (SLA) will be signed to measure performance. Work commences only after purchase order and SLA conclusion. Payments are made within 30 days of invoice approval via EFT. No upfront payments. Bidders are liable for all costs incurred during the bidding process. Contracts may be terminated for negative vetting results or material breaches.
Threshold: 3 years
Why it matters: This is a qualified operational interpretation of the stored scope, not a stated mandatory or scored criterion.
Inferred from stored analysis; verify against the source document.