Bid Opening and Award of Contract Sample Clauses

Bid Opening and Award of Contract. Subdivider shall open bids and award contracts in accordance with all the Required Contracting Procedures. Subdivider shall work with City’s Purchasing and Contracting Department to ensure that bids are opened and contracts are awarded in the manner required in accordance with the Required Contracting Procedures. Subdivider shall publicly open sealed bids in the presence of City’s authorized representative(s). The bidding contractors shall be permitted to be present at the bid opening. City’s representative(s) shall be provided with all bids received immediately after the bid opening and with a copy of the tabulation of bid results upon Subdivider’s completion. Contract(s) for the construction of the Project shall be awarded by Subdivider to the qualified contractor(s) in accordance with Required Contracting Procedures, as mutually determined by Subdivider and City’s authorized representative(s). In the event of a dispute, the City shall have ultimate authority to determine to which contractor Subdivider is to award the bid. 4.4.1 In the event that the lowest responsible and reliable bid exceeds the Estimated Cost, any reimbursement for said increase shall be subject to approval by Change Order pursuant to Section 3.3.3 following award of contract. 4.4.1.1 In the event City Council does not approve the increased cost, at the City’s option: 4.4.1.1.1 City may terminate this Agreement. In the event the Agreement is terminated, the obligations of Subdivider, with the exception of Property acquisition (where applicable), pursuant to this Agreement for the construction of Project shall be released without further liability. This release shall in no way affect the obligations of Subdivider with respect to any terms or conditions of the VTMs, TMs, Development Agreements, or other approvals and agreements with City. However, prior to termination of this Agreement, City shall reimburse Subdivider (at City’s option with either FBA credits or cash reimbursement) for the engineering and design costs reasonably incurred and expended by Subdivider in accordance with this Agreement and within the Estimated Cost in accordance with Section
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Bid Opening and Award of Contract. The Engineers shall provide services to assist in the bid letting process and shall prepare a tabulation of bids for the Owner and shall advise the Owner in making award of contract. After award of contract is made, the Engineers shall assist in the preparation of the necessary contract documents. During the bidding phase, the Engineers shall advise the Owner of the responsiveness of each proposal submitted.
Sample 1
Bid Opening and Award of Contract. Developer shall provide City with a copy of the tabulation of competitive bid results. Contract(s) for the construction of Project Improvements shall be awarded by Developer pursuant to CVMC §2.56.160(H)(2)(d). In the event that the best qualified contractor’s bid, combined with a reasonable amount for contingencies, exceeds the Estimated Cost, the increase in the costs must be approved by City Manager pursuant to Section 4.2.3 prior to awarding the contract. In the event the City Manager does not approve the increased cost, this Agreement, at the City’s option, may be terminated, or Project Improvements may be rebid and/or redesigned. In the event that the Agreement is terminated, the design costs will be reimbursed to Developer from the [Funding Source] Fund. City shall reimburse Developer with cash reimbursement for the Reimbursable Costs related to engineering and design expended by Developer prior to termination of this Agreement pursuant to Article XVI. Developer shall provide City with copies of all executed contracts.
Sample 1

Related to Bid Opening and Award of Contract

  • Award of Contract PLACE MENT OF ORDER (a) The Institute shall consider placement of orders for jobs on those bidders whose offers have been found technical, commercially and financially acceptable. The Institute reserves the right to counter offer price(s) against price(s) quoted by any bidder.

  • – AWARD OF CONTRACTS II.9.1 If the beneficiaries have 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, they shall award the contract to the bid offering best value for money; in doing so, they shall take care to avoid any conflict of interests. II.9.2 Contracts as referred to in paragraph 1 may be awarded only in the following cases: a) they may only cover the execution of a limited part of the action; b) recourse to the award of contracts must be justified having regard to the nature of the action and what is necessary for its implementation; c) the tasks concerned must be set out in Annex I and the corresponding estimated costs must be set out in detail in the budget in Annex II; d) any recourse to the award of contracts while the action is under way, if not provided for in the initial grant application, shall be subject to prior written authorisation by the Commission; e) the beneficiaries shall retain sole responsibility for carrying out the action and for compliance with the provisions of the agreement. The beneficiaries must undertake to make the necessary arrangements to ensure that the contractor waives all rights in respect of the Commission under the agreement; f) the beneficiaries must undertake to ensure that the conditions applicable to them under Xxxxxxxx XX.0, XX.0, XX.0, XX.0, XX.0, XX.0, II.10 and II.20 of the agreement are also applicable to the contractor.

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

  • Bargaining Committee A bargaining committee of no more than three (3) employees and one (1) alternate may be selected by the Union.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • System for Award Management (XXX) Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a XXX.xxx proof of registration and Commercial and Government Entity (CAGE) number. Grantee will continue to maintain an active XXX registration with current information at all times during which it has an active award under this Agreement.

  • The FTPS Unit Servicing Agent shall transmit to each FTPS Unit holder of record any notice or other communication received from the Trustee and shall be solely responsible for soliciting and transmitting to the Trustee any notice required from FTPS Unit holders.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Nurses Unit The appointment of two (2) full-time employees to the same budgeted regular position may be authorized by the Director of Human Resources to facilitate training, to make assignments to a position which is vacant due to extended authorized leave of absence, or in an emergency. The most recently hired dual appointee shall enjoy all of the benefits of regular employees except regular status, unless the most recently appointed dual appointee has regular status in the classification. The most recently appointed employee shall be notified in writing by the appointing authority and such notification will clearly define the benefits to which that employee is entitled. Upon return of the initial appointee or completion of the training period or emergency, the following procedure shall apply. If the most recently appointed dual appointee has regular status in the same classification, he/she shall be placed in a vacant position in the same classification in the department/group. If no position is available, the employee shall be laid off, pursuant to the layoff provisions of this Agreement; provided, however, that the initial appointee shall be excluded from the order of layoff. If the most recently appointed dual appointee does not have regular status in the classification, he/she may be appointed to a vacant position in the same classification in the department/group, however, he/she shall be required to serve a probationary period unless waived by the Director of Human Resources. If the most recently appointed dual appointee held prior regular status in a lower classification immediately preceding the dual appointment, he/she shall have the right to return to the former classification and department. If he/she has not held prior regular status in a lower level classification, he/she shall be terminated.

  • Period of Contract All obligations of Purchaser shall be discharged not later than “Termination Date” stated in A15, unless it is adjusted pursuant to B8.21 or B8.212 or extended pursuant to B8.23 or B8.32, except- ing only those obligations for which Forest Service has given written permission to delay performance. Such writ- ten permission shall be considered a Contract Term Ad- justment for the purpose of Purchaser completing per- formance of obligations covered by such permission.

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