Notice of Award of Contract definition

Notice of Award of Contract. / „Letter of Award‟ shall mean the official notice issued by the Owner notifying the Contractor that his bid has been accepted.
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Notice of Award of Contract. / Letter of Award” shall mean the official intimation from the Owner notifying the successful bidder that its proposal has been accepted and that the bidder is required to sign the contract Agreement.
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Notice of Award of Contract. / „Letter of Award‟ shall mean the official notice issued by the
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Examples of Notice of Award of Contract in a sentence

  • Contractor shall provide Owner with a Payment and a Performance Bond in the amount of the Contract Price within ten (10) days of the Notice of Award of Contract.

  • Bidders must submit a cashier’s or certified check issued by a bank satisfactory to the Town of Sunnyvale or a bid bond issued by a bonding company satisfactory to the Town of Sunnyvale, payable without recourse to the order of the Town of Sunnyvale in an amount not less than five (5) percent of the largest possible bid submitted as a guaranty that Bidder will enter into a contract and execute the bond and guaranty in the forms provided within ten (10) days after Notice of Award of Contract.

  • Distribute Request for Proposal May 15, 2015 Proposal Due Date June 16, 2015; no later than 11:00 AM Review Proposals June 17, 2015 – June 30, 2015 Selection/Negotiations/Finalize July 1, 2015 – July 15, 2015 Board Approval of Contract August 5, 2015* Notice of Award of Contract August 10, 2015* * Dates may vary based on length of negotiation process.

  • If written Notice of Award of Contract delivered to the undersigned, the undersigned agrees that he will execute the Agreement per the Proposal Documents.

  • If the undersigned is notified of the acceptance of this proposal within 60 days after the date of opening the bids, the undersigned agrees to execute a contract for the required work for the compensation stated in the foregoing proposal scheduled, within 15 days after the Notice of Award of Contract, on the forms included in the contract documents attached hereto.


More Definitions of Notice of Award of Contract

Notice of Award of Contract. / “Letter of Award” shall mean the official intimation from the Owner notifying the successful Bidder that its proposal has been accepted.
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Notice of Award of Contract means the official notice issued by the Owner or authorized person in any form including in writing by letter, by e-mail, Fax, notifying the Contractor that his proposal has been accepted;
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Notice of Award of Contract means the written notice by the City to the apparent successful bidder stating that upon compliance with the conditions precedent enumerated therein, within the time specified, the City has awarded this bidder the Contract to perform the work necessary to complete the project and/or delivery of the goods and will sign and deliver the Agreement and issue a Notice to Proceed to perform the work.
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Notice of Award of Contract. /’Work Order/’Telex of Award’ shall mean the official notice issued by the Employer notifying the Contractor that his bid has been accepted.
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Notice of Award of Contract. /"Letter of Intent" shall mean the official notice issued by the Architect notifying the contractor that his proposal has been accepted.
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Related to Notice of Award of Contract

  • Award of Contract means the decision of the Purchaser to enter into a Contract with the Supplier for supply and delivery of the specified Goods, including any Related Services.

  • Notice of Award means formal notice of award of the Contract to the Contractor issued by the Contracting Officer.

  • Other Award Agreement means a written agreement between the Company and a holder of an Other Award evidencing the terms and conditions of an Other Award grant. Each Other Award Agreement will be subject to the terms and conditions of the Plan.

  • Stock Award Agreement means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of the Plan.

  • RSU Award Agreement means a written agreement between the Company and a holder of a RSU Award evidencing the terms and conditions of a RSU Award grant. The RSU Award Agreement includes the Grant Notice for the RSU Award and the agreement containing the written summary of the general terms and conditions applicable to the RSU Award and which is provided to a Participant along with the Grant Notice. Each RSU Award Agreement will be subject to the terms and conditions of the Plan.

  • Award Document means the document signed by the Agency and the Purchasing Division, and approved as to form by the Attorney General, that identifies the Vendor as the contract holder.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Award Agreement means the written or electronic agreement setting forth the terms and provisions applicable to each Award granted under the Plan. The Award Agreement is subject to the terms and conditions of the Plan.

  • Notification of Award/Letter of Award means the formal award by the Employer of the Bid incorporating any adjustments or variation to the Bid agreed between the Employer and the Contractor.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • Other Stock Award Agreement means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant. Each Other Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Grant Agreement means the agreement entered into by the Parties, including the Signature Document, these Uniform Terms and Conditions, along with any attachments and amendments that may be issued by the System Agency.

  • Notification of Award means the official notice issued by the Employer notifying the Contractor that his bid has been accepted.

  • Award Certificate means a written or electronic document setting forth the terms and provisions applicable to an Award granted under the Plan. Each Award Certificate is subject to the terms and conditions of the Plan.

  • Contract Award Notice means the official notification substantiated by the Notice to Proceed issued by the City Purchasing Agent to the Contractor.

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.

  • Stock Unit Agreement means the agreement between the Company and the recipient of a Stock Unit which contains the terms, conditions and restrictions pertaining to such Stock Unit.

  • Stock Incentive Agreement means an agreement between the Company and a Participant or other documentation evidencing an award of a Stock Incentive.

  • SAR Agreement means the agreement between the Company and an Optionee which contains the terms, conditions and restrictions pertaining to his or her SAR.

  • Unit Appreciation Right or “UAR” means a contingent right that entitles the holder to receive the excess of the Fair Market Value of a Unit on the exercise date of the UAR over the exercise price of the UAR.

  • Share Award means an Award of Shares granted pursuant to Section 10.