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same day and is delivered to Tower & London within two Business Days after the Closing<br />
Time.<br />
(c)<br />
(d)<br />
Oral Tenders will not be considered.<br />
No responsibility will be accepted for any Tender lodged at an incorrect location or sent to an<br />
incorrect email address.<br />
4 Unauthorised communication<br />
(a)<br />
(b)<br />
Tenderers must direct all communications concerning this RFT through the Tenderee unless<br />
directed otherwise by the Tenderee. Unauthorised communication by a Tenderer with any<br />
other third parties retained by Tenderee to provide services in relation to this Tender may<br />
lead to the exclusion from consideration of a Tender lodged by that Tenderer.<br />
The Tenderee reserves the right to:<br />
(i)<br />
(ii)<br />
not answer a question asked by a Tenderer; and<br />
provide any answers to questions raised by a Tenderer to any other Tenderer, on a<br />
non-attributable basis.<br />
5 RFT timetable<br />
The Tenderee’s intended timetable for this RFT is:<br />
Closing Time: 3.00pm on Thursday, 11 th April 2019<br />
Conclusion of tender evaluation:<br />
24 hours after closing time<br />
Exchange of contracts for sale and purchase 1 : 14 days after closing time<br />
Completion of sale and purchase:<br />
As agreed between the parties<br />
6 Variation of RFT<br />
The Tenderee may, in its absolute discretion, amend this RFT or provide additional information at<br />
any time by giving written notice to:<br />
(a)<br />
(b)<br />
prior to the Closing Time, all persons who have been issued with the RFT by the Tenderee<br />
and who have provided sufficient address details to enable the Tenderee to contact them;<br />
and<br />
after the Closing Time, to all Tenderers who have lodged Tenders.<br />
7 Late tenders<br />
(a)<br />
Subject to clause 3(b) above, Tenders received after the Closing Time (Late Tenders) will not<br />
be accepted into the Tender Process unless the Tenderee, in its absolute discretion, resolves<br />
that accepting a Late Tender will not compromise the integrity of the tendering process or<br />
provide any unfair advantage to the Tenderer lodging the Late Tender.<br />
1<br />
No cooling-off period will apply to contract of sale and purchase. Purchaser’s solicitor is to provide a certificate waving cooling-off<br />
rights on exchange of contracts.<br />
3