Award of Project Sample Clauses

Award of Project. After selection of the Preferred Bidder, a Letter of Award (the “LoA”) shall be issued, in duplicate, by SJDA to the Preferred Bidder and the Bidder shall, within 15 (fifteen) days of the receipt of the LoA, sign and return the duplicate copy of the LoA in acknowledgement thereof along with the Upfront Premium Cum Reimbursement of Project Development Expenses. A Draft format of Letter of Award is attached herewith as Annexure 2. In the event the duplicate copy of the LoA duly signed by the Preferred Bidder is not received by the stipulated date along with Upfront Premium Cum Reimbursement of Project Development Expenses, the SJDA may, unless it consents to extension of time for submission thereof, forfeit the Proposal Security of such Bidder and the Bidder shall have no right for any purpose relating to this bidding process.
Sample 1
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Related to Award of Project

  • Award of Contract ITT 41.1 The maximum percentage by which quantities may be increased is: [15%] The maximum percentage by which quantities may be decreased is: [100%]

  • – AWARD OF CONTRACTS II.9.1 If the beneficiary has to conclude contracts in order to carry out the action and they constitute costs of the action under an item of eligible direct costs in the estimated budget, he shall seek competitive tenders from potential contractors and award the contract to the bid offering best value for money; in doing so he shall observe the principles of transparency and equal treatment of potential contractors and shall take care to avoid any conflict of interests.

  • Conditions for Award of Contract 7. The Borrower shall not award any Works contract which involves environmental impacts until:

  • Award Award shall be made on an all-or-none total estimated bid basis to the lowest responsive and responsible Bidder.

  • Award of Related Contracts City may undertake or award supplemental or successor contracts for work related to this Contract. The Contractor shall cooperate fully with other contractors and City in all such cases.

  • Development of the Project 4.1 TSP's obligations in development of the Project: Subject to the terms and conditions of this Agreement, the TSP at its own cost and expense shall observe, comply with, perform, undertake and be responsible:

  • Performance of the Work The Contractor shall perform all of the Work required for the complete and prompt execution of everything described or shown in, or reasonably implied from the Contract Documents for the above referenced Project.

  • The Project The Project is the total construction of which the Work performed under the Contract Documents may be the whole or a part.

  • System for Award Management (XXX) and Data Universal Numbering System (DUNS) Requirements.

  • Service Award Named Plaintiff may apply to the Court for a service award of up to ten thousand dollars ($10,000). Subject to the Court’s approval, the service award shall be paid from the Settlement Fund ten (10) days after the Effective Date.

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