Alternate bids definition

Alternate bids means the amount stated in the bid or proposal to be added to or deducted from the amount of the base bid or base proposal if the corresponding change in project scope or alternate materials or methods of construction is accepted.
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Alternate bids means an bid submitted that may depart from the specific stated requirements of the solicitation.
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Alternate bids shall have the meaning set forth in Section 11.2.
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Examples of Alternate bids in a sentence

  • Alternate bids and exceptions to bid clauses must be clearly noted on the bid form.

  • Alternate bids must specifically identify the IFB requirements and advantage(s) addressed by the alternate bid.

  • Alternate bids may be considered at the discretion of the County if alternate bids are called for in this bid.

  • Alternate bids will be automatically deemed nonresponsive and will not be considered for award.

  • Alternate bids without complete specifications may be rejected.Alternate bids and exceptions to bid clauses must be clearly noted on the bid form.

  • Alternate bids shall only be provided when requested in the bid documents.Best Value Bidding - the purpose of best value bidding is to allow factors other than price to be considered in the determination of award for specific goods or services based on pre-determined criteria identified by OCPS.Bid - written solicitation for competitive sealed bids to provide equipment, supplies, services or construction items.

  • Alternate bids (two or more bids submitted) will be considered for an award.

  • Alternate bids are defined as bids that do not comply with the bid terms, conditions, and specifications.

  • Alternate bids are not acceptable and will be rejected by the District.

  • Alternate bids may be considered if accompanied by complete specifications and pertinent information.


More Definitions of Alternate bids

Alternate bids means multiple Bids with substantive variations from the same Bidder in response to a Solicitation.
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Related to Alternate bids

  • Alternate Bid means multiple Bids with substantive variations from the same Bidder in response to a Solicitation.

  • Alternative Bid means a response to a bid that does not meet the exact requirements of the specification but offers an alternative for consideration. An alternative bid is submitted with an intentional variation to a provision, specification, term or condition of the solicitation. This alternative, in the opinion of the bidder, achieves the same end result. Alternative bids may be rejected as non-responsive.

  • Base Bid means a Bid for Public Works to be performed or Supplies or Services to be furnished under a City Contract, including additives, alternates, deductives, excluding force accounts, and taxes collected separately pursuant to Washington Administrative Code (“WAC”) 458-20-171.

  • Prospective bidder means anyone likely or desirous to be a bidder.

  • Competitive Bid Margin means the margin above or below the applicable Eurocurrency Base Rate offered for a Eurocurrency Bid Rate Loan, expressed as a percentage (rounded to the nearest 1/100 of 1%) to be added or subtracted from such Eurocurrency Base Rate.

  • Responsive Bidder or Offeror means a person who submits a bid or proposal which conforms in all material respects to the invitation for bids or request for proposals.

  • Competitive Bid Rate means, with respect to any Competitive Bid, the Margin or the Fixed Rate, as applicable, offered by the Lender making such Competitive Bid.

  • Responsive Bid means a Bid that complies with each of the provisions of this RFB, or is either an alternative bid or a bid with an exception, if accepted by the Agency.

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects

  • Competitive Bid means an offer by a Lender to make a Competitive Loan in accordance with Section 2.04.

  • Competitive Bid Reduction has the meaning specified in Section 2.01.

  • Competitive Bid Note means a promissory note of the Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from a Competitive Bid Advance made by such Lender.

  • Competitive Bid Advance means an advance by a Lender to the Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance or a LIBO Rate Advance.

  • Competitive Bid Request means a request by the Borrower for Competitive Bids in accordance with Section 2.04.

  • Competitive Bid Loan means a Competitive Bid LIBOR Loan or a Competitive Bid Absolute Rate Loan.

  • Alternate Rate means, for any day, the sum of (a) a rate per annum selected by the Administrative Agent, in its reasonable discretion based on market conditions in consultation with the Company (and any applicable Subsidiary Borrower) and the relevant Lenders, plus (b) the Applicable Margin for Eurocurrency Loans. When used in reference to any Loan, “Alternate Rate” refers to whether such Loan is bearing interest at a rate determined by reference to the Alternate Rate.

  • Competitive bidding means a transparent process for procurement of equipment, services and works in which bids are invited by the project developer by open advertisement covering the scope and specifications of the equipment, services and works required for the project, and the terms and conditions of the proposed contract as well as the criteria by which bids shall be evaluated, and shall include domestic competitive bidding and international competitive bidding;

  • Return Bid has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Competitive Bid Borrowing means a borrowing consisting of simultaneous Competitive Bid Advances from each of the Lenders whose offer to make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section 2.03.

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • Notice of Competitive Bid Borrowing has the meaning specified in Section 2.03(a).

  • Eligible Bidder(s) means Bidder(s) who are eligible in terms of this E-Auction Process Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations;

  • Open Competitive Bidding means a fair and transparent specified procedure defined under these Rules, advertised in the prescribed manner, leading to the award of a contract whereby all interested persons, firms, companies or organizations may bid for the contract and includes both National and International Competitive Biddings;

  • Alternate applicant in case of a minor means the parent/step-parent/court guardian who has made the application on behalf of the minor;

  • Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid incentive or percentage reductions to the bid amount.

  • competitive bidding process means a competitive bidding process referred to in paragraph 12 (1) (d) of this Policy;