TERM
Cancellation of a Tender
An administrative act carried out under Public Procurement Law No. 4734 that brings the tender to an end. Cancellation is carried out on the grounds specified in the Law. The first ground is that, where tenderers who participated despite being debarred should have been excluded and their bid bonds forfeited, but this could not be established at the evaluation stage and the tender was awarded to one of them, the tender is cancelled.