What term describes conditions that may be dependent on the award date of the bid?

The term "contingent" effectively describes conditions that may hinge on the award date of the bid. In the context of contracts or bids, contingent conditions are those that depend on certain events or outcomes occurring. This means that if the specified event—such as the award of the bid—does not happen, then the conditions may not be activated, or the agreement may not be enforceable.

Contingent clauses are often included to protect the parties involved, ensuring that if circumstances change, such as the timing of a bid award, commitments are adjusted accordingly. This is particularly crucial in environments like construction or procurement, where timelines can impact project execution and financial planning.

The other terms do not appropriately capture the dependency aspect: fixed implies no changes can occur, conditional indicates prerequisites but not specifically tied to a date, and mandatory refers more to obligations that must be followed without allowance for dependency. Thus, using "contingent" accurately reflects the nature of conditions linked to the bid award date.