Examples of Alternate Bid in a sentence
If Vendor is submitting an Alternate Bid for this IFB, Vendor shall follow specific instructions for uploading Alternate Bid to its response in the Sourcing Tool.Both the principal bid and the alternate bid must be for a specific set of goods and must include specific pricing.
If the Bid Proposal requires Bidders to propose prices for Alternate Bid Items, the District’s selection of Alternate Bid Items, if any, for determination of the lowest priced Bid Proposal and for inclusion in the scope of the Contract to be awarded shall be in accordance with the Instructions for Bidders.
An Alternate Bid (or Alternate) is an amount stated in the Bid to be added to or deducted from the amount of the Base Bid if the corresponding change in the Work, as described in the Bidding Documents, is accepted.
The Contract Price is based upon the Contractor’s Base Bid Proposal and the following Alternate Bid Items, if any: .
The Bidder’s price proposal(s) for Alternate Bid Items is/are set forth in the form of Alternate Bid Item Proposal included herewith.