How to do an Acceptance of Tender by the Successful Tenderer in Industrial Land?
As soon as JTC has selected the Successful Tenderer, JTC shall inform the Successful Tenderer of the acceptance of his tender by letter (“Tender Acceptance Letter”) sent to him by post to the address given in his tender and such letter so sent shall be deemed to have been received by the addressee in due course of post. The date of the Tender Acceptance Letter from JTC to the Successful Tenderer shall be deemed to be the date of acceptance by JTC of the tender.
The Successful Tenderer shall pay the proper amount of ad valorem duty chargeable on the Tender Acceptance Letter under the Stamp Duties Act (Cap 312) within fourteen (14) days of the date hereof and shall within ninety (90) days from the date of the Tender Acceptance Letter (inclusive of the date of the Tender Acceptance Letter) or the latest by 11:00am on the 90th day from the date of the Tender Acceptance Letter (“90-Day Period”) furnish to JTC :-
- A copy of the Certificate of Stamp Duty issued by the Commissioner of Stamp Duties for the Tender Acceptance Letter; and
- Being attached to the said Certificate of Stamp Duty, a copy of the Tender Acceptance Letter bearing a certification by an Advocate & Solicitor that it is a true copy of the document referred to in the said Certificate of Stamp Duty.
While every endeavour has been made to ensure that the information provided herein is correct, ALLIANCE FACILITIES MANAGEMENT PTE LTD disclaims liability for any damage or loss that may be caused as a result of any error or omission.
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