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empanelment of drug testing laboratories - Kerala Medical Services ...

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5.36.2 Unless otherwise instructed by the EOI Inviting Authority, the successful<br />

tenderer shall continue to perform the contract to the extent not<br />

terminated.<br />

5.36.3 Termination for insolvency: If the successful <strong>of</strong>ferer becomes bankrupt or<br />

otherwise insolvent, the Corporation reserves the right to terminate the<br />

contract at any time, by serving written notice to the successful <strong>of</strong>ferer<br />

without any compensation, whatsoever, to the successful <strong>of</strong>ferer, subject<br />

to further condition that such termination will not prejudice or affect the<br />

rights and remedies which have accrued and / or will accrue thereafter to<br />

the EOI Inviting Authority.<br />

5.36.4 Termination for convenience: - The Corporation reserves the right to<br />

terminate the contract, in whole or in part for its (EOI Inviting<br />

Authority’s) convenience, by serving written notice on the successful<br />

tenderer at any time during the currency <strong>of</strong> the contract. The notice shall<br />

specify that the termination is for the convenience <strong>of</strong> the EOI Inviting<br />

Authority. The notice shall also indicate interalia, the extent to which the<br />

successful <strong>of</strong>ferers performance under the contract is terminated, and the<br />

date with effect from which such termination will become effective.<br />

Managing Director, KMSCL<br />

&<br />

(EOI Inviting Authority)<br />

KMSCL: EOI for Empanelment <strong>of</strong> Drug <strong>testing</strong> Laboratories Page 31

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