Credit Line Certificate

View previous topic View next topic Go down

Credit Line Certificate

Post by rtdd on Wed Mar 07, 2012 4:41 pm

Can we issue a certificate after the issuance of NTP for the release of CLC even if the contract is for 2 years?

rtdd
New Member
New Member

Female Number of posts : 26
Company/Agency : Clark
Occupation/Designation : Officer
Registration date : 2011-09-30

Back to top Go down

Re: Credit Line Certificate

Post by RDV @ GP3i on Wed Mar 07, 2012 7:27 pm

rtdd wrote:Can we issue a certificate after the issuance of NTP for the release of CLC even if the contract is for 2 years?

Why will you do that? Do you want the bank which issued the credit line commitment (CLC) to be released from its commitment to extend a credit line to the winning bidder during the course of its contract? I don't see any reason why?
avatar
RDV @ GP3i
Grand Master
Grand Master

Male Number of posts : 1611
Company/Agency : DBM-Reg'l Office IV-B
Occupation/Designation : Regional Director/ Procurement Trainer
Registration date : 2008-09-04

http://gppphil.org/

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum