Modified Bidding Sample Clauses

Modified Bidding. Low Bid with Weight Given to BIPOC and MWESB Firms: A large portion of the subcontracted work will be procured through a modified, low bid process. A traditional low-bid process would exclude from the evaluation factors other than the submitted price. The LPC West general contractor-modified bid evaluation process for the publicly bid scopes will be evaluated based on a scoring system that considers BMWESB certification. This method gives the most weight to the low bid and also considers BMWESB certification in a competitive environment. The scoring criteria for public bid scopes are as follows: Maximum Points Bid Price 90 Points Certified BMWESB 10 Points The lowest responsive* bidder will be awarded 90 points. The remaining bidders will receive points based on the percentage amount that they are higher than the low bidder. Example: If the low bid is $200k and the high bid is $225k, the high bid is 12.5% higher (225-200)/200. In this case, the high bid would receive a 12.5% deduction from the 90 possible points resulting in 78.75 points (90 x (1-.125)). If the 225k subcontractor also has BMWESB certification, 10 extra points would be added to the 78.75 score for a total score of 88.75. In this example, with the adjusted score, the $200k bidder would still win the bid with 90 points versus the BMWESB $225k bid with 88.75 points.
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Related to Modified Bidding

  • JOB BIDDING The City reserves the right to organize work and assignments. Bureau managers will consult with the Union prior to implementation of a reorganization to discuss proper application of this Article. Whenever the City determines that it will fill a vacancy in a new or existing job, present employees shall be given the first opportunity on the following basis: the City may choose from among the two (2) most senior qualified bidders for 25% of all vacancies occurring within a bureau in a Fiscal Year. Prior to posting, the City must identify a posting as one which will be subject to this provision.

  • Shift Bidding All stations will use voting procedures described below to determine shift bidding. A “show of interest” is defined as fifty-five percent (55%) of affected employees submitting their interest in writing:

  • Bidding a. The Auctioneer reserves the right to regulate the bidding and shall have the sole right to refuse any bid or bids without giving any reason for such refusal.

  • THE BIDDING 6.1 Each new bid shall not be less than the immediately preceding bid.

  • For E-bidding The auctioneer and the Bank’s solicitor shall sign all 5 copies of contract first, right after the auction. The successful E-bidder must to come to the ESZAM AUCTIONEER SDN BHD main office in Seremban to sign the Contract of Sale within two (2) working days after the auction date.

  • Non-Collusive Bidding Certificate This is a requirement of the TIPS Contract and is non-negotiable. By submission of this proposal, the Vendor certifies that: 1) This proposal has been independently arrived at without collusion with any other entity, bidder, or with any competitor; 2) This proposal has not been knowingly disclosed and will not be knowingly disclosed, prior to the opening of bids, or proposals for this project, to any other bidder, competitor or potential competitor: 3) No attempt has been or will be made to induce any other person, partnership or corporation to modify, submit, or not to submit a bid or proposal; and 4) The person signing this bid or proposal certifies that they are duly authorized to execute this proposal/contract on behalf of Vendor and they have fully informed themselves regarding the accuracy of the statements contained in this certification, and under the penalties being applicable to the bidder as well as to the person signing in its behalf;

  • Competitive Bidding 3.5.2.1 Bidding Documents shall consist of bidding requirements and proposed Contract Documents.

  • NON-COLLUSIVE BIDDING CERTIFICATION In accordance with Section 139-d of the State Finance Law, if this contract was awarded based upon the submission of bids, Contractor affirms, under penalty of perjury, that its bid was arrived at independently and without collusion aimed at restricting competition. Contractor further affirms that, at the time Contractor submitted its bid, an authorized and responsible person executed and delivered to the State a non-collusive bidding certification on Contractor's behalf.

  • Successful Bidder The responsible Bidder submitting the lowest responsive Bid.

  • NON-COLLUSIVE BIDDING REQUIREMENT In accordance with Section 2878 of the Public Authorities Law, if this Agreement was awarded based upon the submission of bids, Contractor warrants, under penalty of perjury, that its bid was arrived at independently and without collusion aimed at restricting competition. Contractor further warrants that, at the time Contractor submitted its bid, an authorized and responsible person executed and delivered to NYSERDA a non-collusive bidding certification on Contractor’s behalf.

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