Section 15
To Give Lease And Execute Bond
15. To give lease and execute bond:
(1) After a decision has been made to accept any contract to award it to any person on behalf of the Government of Nepal pursuant to this Act, the office or authority making arrangement of contract shall issue a notice thereof in the name of the person whom the contract has been so accepted to be awarded within seven days. If the office or authority accepting the contract and making arrangement of contact is not one and the same, the time limit of seven days for the issuance of notice shall commence only after the office or authority making arrangement of contract has got information of the acceptance of contract.
(2) In issuing a notice pursuant to Sub-section (1), a time-limit of seven days excluding the time required for journey shall be given, and the notice shall be served clearly indicating that if the tenderer or bidder fails to appear to execute a bond as per his or her undertaking within the said time-limit, the contract shall be awarded to another tenderer or bidder.
(3) If the person appears and agrees to execute a bond within the time-limit of the notice issued pursuant to sub-sections (1) and (2), the office or authority accepting the contract and making arrangement of contact shall immediately cause him or her to execute a bond and give a letter of execution or lease to him or her. If such a person does not either appear or refuse to execute a bond as per his or her bidding, the arrangement of contract may be made by issuing a notice as referred to in Sub-section (2) by giving priority to the other tenderer or bidder next to him or her in order of the second, third etc.
(4) If the office or authority accepting the tender or bidding and making arrangement of contact is not one and the same, the office or authority making arrangement of contact shall make a submission to the office or authority accepting the tender or bidding within three days of the opening of the tender or making of bid for sanction to or not to accept the tender or bid; and the office or authority shall make sanction of whether the tender or bidding has been accepted within thirty days after the receipt of such submission. If any loss or damage is caused to the Government of Nepal because of failure to make such a submission or sanction, the loss or damage shall be recovered from the employee the delay or recklessness of whom has resulted in the failure to make submission or sanction within the time-limit