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  • TKO 11.5 TKO 11.5 Alternative bids

    • TKO 11.5.1

      The provisions of the Rules in TKO Section 11.2, TKO Section 11.3 and TKO Section 11.4 apply equally to alternative Bids, including cash alternatives.


      Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]

    • TKO 11.5.2 TKO 11.5.2

      Where a firm statement has been made that an alternative Bid will not be extended or reintroduced and that that alternative Bid has ceased to be open for acceptance, neither that alternative, nor any substantially similar alternative, may be reintroduced. Where, however, such a statement has not been made and an alternative Bid has closed for acceptance, a Bidder is not precluded from reintroducing that alternative at a later date.


      Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]

      • TKO 11.5.2 Guidance

        Reintroduction would constitute a revision of the Bid and would, therefore, be subject to the requirements of, and only be permitted as provided in, the Rules in TKO Section 11.4.


        Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]