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Credit Line Certificate

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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?

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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?
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