Interested Party definition

Interested Party means a person:
Interested Party means an actual or prospective bidder whose direct economic interest would be affected by the award of the contract.
Interested Party means a person who has a controlling interest in a business entity with whom a district contracts or who actively par- ticipates in facilitating the contract or negotiating the terms of the contract, including a broker, intermediary, adviser, or attorney for the business entity. Gov’t Code 2252.908(a)(3); 1 TAC 46.3(d), (e)

Examples of Interested Party in a sentence

  • With regards to technical and professional capacity criteria, an Interested Party may only rely on the capacities of other entities where the latter will perform the services for which these capacities are required.

  • For purposes of this Agreement, an "Interested Party Transaction" is any contract or other transaction (including but not limited to compensation arrangements, or other legal or financial commitments) between the Company and (a) any director, officer, or employee, (b) any family member of a director, officer, or employee, or (c) any corporation, partnership, trust, or other entity in which a director, officer, or employee is a director, officer, or holder of a financial interest.

  • The Bond shall be free of interest and payable in cash, on D/PER’s first demand, upon receipt of D/PER’s duly signed request for payment stating that the Process and Confidentiality Agreement between the Interested Party and D/PER has been breached.

  • The Board of Directors shall maintain a conflict of interest policy which shall apply in any instance where the Company proposes to enter into an Interested Party Transaction.

  • The Interested Party shall, if and to the extent so requested by D/PER, provide D/PER, its representatives or advisers with such information concerning the Interested Party and their business as D/PER may require and shall present such information in such manner, as D/PER may reasonably require until the Signature Date.


More Definitions of Interested Party

Interested Party means an actual or prospective offeror whose direct economic interest would be affected by the award of a contract or by the failure to award a contract.
Interested Party means: (1) a person who has a controlling interest in a business entity with whom a governmental entity or state agency contracts; or (2) an intermediary.
Interested Party means: (1) a person who has a controlling interest in a business entity with whom a governmental entity or state agency contracts; or (2) a person who actively participates in facilitating a contract or negotiating the terms of a contract with a governmental entity or state agency, including a broker, intermediary, adviser, or attorney for the business entity.
Interested Party means any bidders/proposers.
Interested Party means a prime contractor or an actual or prospective offeror whose direct economic interest would be affected by the award of a subcontract or by the failure to award a subcontract.
Interested Party means a participant in the procurement process and those whose participation in the procurement process has been foreclosed by OCFS.
Interested Party means the Customer and/or anyone with an interest in the Goods; any obligation of the Interested Party is borne jointly and severally.