Can a terminated contract’s original terms be revised in a tender notice for risk and cost assessment?
1 Answers
Best Answer
Indian law doesn’t specifically address revising a terminated contract’s terms in a tender notice for risk and cost assessment. However, the tendering process should adhere to principles of fairness and transparency, so revisions might be permissible if they’re justified, transparently disclosed, and don’t materially alter the contract’s fundamental terms.
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