Evaluated bid price definition

Evaluated bid price means the dollar amount of a bid after bid price adjustments are made pursuant to objective measurable criteria, set forth in the invitation for bids, which affect the economy and effectiveness in the operation or use of the product, such as reliability, maintainability, useful life, and residual value.
Evaluated bid price means the price of a bid after adjustment in accordance with objective measurable criteria.
Evaluated bid price means the price quoted by each bidder in his proposal for the complete scope of work, as corrected by the Purchaser.

Examples of Evaluated bid price in a sentence

  • Evaluated bid price of all bidders shall be compared among themselves to determine the lowest evaluated bid and as a result of this comparison, the lowest bid will be selected for award of contract.

  • Evaluated bid price of all bidders shall be compared among themselves to determine the lowest evaluated bid and as a result of this comparison, the lowest bid will be selected for award of contract if satisfied all requirements.

  • Evaluated bid price pursuant to clause 26, provided further that the bidder has the capability and the resources to carry out the contract effectively.

  • As a community partner, there are many ways you can facilitate the use of EQIP in your region.

  • Award 31.1 Subject to Clause 32, the Employer will award the Contract to the bidder whose bid has been determined to be substantially responsive to the bidding document in accordance with the Clause 26.1, and who has offered the lowest Evaluated bid price, provided that such Bidder has meet the minimum criteria of Clause 4.


More Definitions of Evaluated bid price

Evaluated bid price means the dollar amount of a bid, after bid price
Evaluated bid price means the dollar amount of a bid after bid price adjustments are made under objective measurable criteria, set forth in the Invitation for Bid, which affect the economy and effectiveness in the operation or use of the product, including the reliability, maintainability, useful life, and residual value.
Evaluated bid price means the dollar amount of a bid after bid price adjustments are made under objectively measurable criteria.
Evaluated bid price means the dollar amount of a bid after bid price adjustments
Evaluated bid price means the dollar amount of a bid after bid price adjustments are made pursuant to objective measurable criteria, set forth in the invitation for
Evaluated bid price means the dol- lar amount of a bid after bid price adjustments are made pursuant to objective measurable criteria, set forth in the invitation for bids, which affect the economy and effective- ness in the operation or use of the product, such as reliabil- ity, maintainability, useful life, residual value, and time of delivery, performance or completion.
Evaluated bid price means the dollar amount of a bid after bid price adjustments are made pursuant to objective measurable criteria, set forth in the invitation for bids, which