Award or Rebid Sample Clauses

Award or Rebid. If the GC/CM chooses not to negotiate under the provisions of Section 7.7.3 above or if the low conforming bid exceeds the bid package estimate by more than the amount permitting negotiations, the GC/CM shall award the bid package to the responsible bidder submitting the low responsive bid at no additional cost to the Port. If unusual circumstances exist, GC/CM may request and the Port at its sole option may agree to a change in the scope of the work for the bid package. The GC/CM may then rebid, but all time delays, including construction schedule impacts, and costs to rebid, including reproduction costs and any Designer costs to the Port associated with changes to the Contract Documents, shall be the responsibility of the GC/CM and the TCC shall not be changed.
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Award or Rebid. If the Contractor chooses not to negotiate under the provisions of section 6.6.5 above or if the low conforming bid exceeds the bid package estimate by more than the amount permitting negotiations, the Contractor shall, at the sole discretion of the Owner, either award the bid package to the low responsive responsible bidder or shall rebid the bid package at no additional cost to the Owner. Provided unusual circumstances exist, Contractor may request and Owner, at its sole option may agree to a change in the scope of the work for the bid package. The Contractor may then rebid, but all time delays, including construction schedule impacts, and costs to rebid, including reproduction costs and any A/E costs to the Owner associated with changes to the Construction Documents, shall be the responsibility of the Contractor and the MACC shall not be changed.
Sample 1
Award or Rebid. If the Contractor chooses not to negotiate under the provisions of section 6.6.5 above or if the low conforming bid exceeds the bid package estimate by more than the amount permitting negotiations, the Contractor shall award the bid package to the low responsive responsible bidder at no additional cost to the Owner. Provided unusual circumstances exist, Contractor may request and Owner, at its sole option may agree to a change in the scope of the work for the bid package. The Contractor may then rebid, but all time delays, including construction schedule impacts, and costs to rebid, including reproduction costs and any A/E costs to the Owner associated with changes to the Construction Documents, shall be the responsibility of the Contractor and the MACC shall not be changed.
Sample 1

Related to Award or Rebid

  • Stock Award Pursuant to the Plan, the Company, on ________ __, 20__ (the “Date of Grant”) granted to the Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, a Stock Award covering _________ shares of Common Stock, hereafter described as the “Shares.”

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Restricted Stock Unit Award The Grantee is hereby granted NUMBER OF SHARES restricted stock units (the "Restricted Stock Units"). Each Restricted Stock Unit represents the right to receive one share of the Company's Common Stock, $.001 par value (the "Stock"), subject to the terms and conditions of this Agreement and the Plan.

  • Stock Units As used herein, the term “Stock Unit” shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share of the Company’s Common Stock (“Share”) solely for purposes of the Plan and this Award Agreement. The Stock Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Units vest pursuant to this Award Agreement. The Stock Units shall not be treated as property or as a trust fund of any kind.

  • Restricted Stock Award Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Participant Shares (the “Restricted Shares”), which shall vest and become nonforfeitable in accordance with Section 3 hereof.

  • Grant Award On and subject to the terms and conditions set forth herein, Triumph hereby agrees to make a grant (the “Grant”) to Grantee in the aggregate maximum amount of up to Two Hundred Thousand and 00/100 Dollars ($200,000.00) (the “Maximum Grant Amount”) to provide partial funding for the Project.

  • Grant of Restricted Stock Unit Award The Company hereby grants to the Participant, as of the Grant Date specified above, the number of RSUs specified above. Except as otherwise provided by the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s interest in the Company for any reason, and no adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of the shares of Common Stock underlying the RSUs, except as otherwise specifically provided for in the Plan or this Agreement.

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

  • Award of Restricted Stock Units The Company, effective as of the date of this Agreement, hereby grants to Participant an award of Restricted Stock Units, each Restricted Stock Unit representing the right to receive one share of Common Stock on such date as set forth herein, plus an additional amount pursuant to Section 2(b) hereof, subject to the terms and conditions set forth in this Agreement.

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