Base Proposal definition

Base Proposal means the proposal submitted by a Proposer based on the Base Contract and that meets the requirements of the RFP.
Base Proposal means the sum stated in the Proposal for which the Respondent offers to perform the work described in the Proposal Documents as the base, to which work may be added or from which work may be deleted for sums stated in Alternate Proposals.
Base Proposal means the amount of money stated in a proposal as the sum for which the PROPOSER/CONTRACTOR offers to perform the Work described in the Contract Documents, exclusive of adjustments for Alternates.

Examples of Base Proposal in a sentence

  • The following amounts may be added to, or deducted from, the Base Proposal Cost identified above.

  • The above Base Proposal Cost includes a cost for Builders Risk Endorsement Coverage in the amount of$5 million or the estimated replacement value of the existing building structure, which ever is less.

  • If accepted, the Base Proposal will be changed by the amount listed.

  • Undersigned certifies that the specified allowances are included in the Base Proposal and agrees that any unexpended balance of allowance sums will revert to Owner in the final settlement of the contract.

  • The above Base Proposal Cost includes the following Owner’s Special Cash Allowance(s) for work to be done within this contract under the supervision of the General Contractor and/or the Subcontractors.

  • Alternate: An amount proposed by offerors and stated on the Proposal Form for certain work defined in the Proposal Requirements that may be added to or deducted from the Base Proposal amount if the Authority decides to accept a corresponding change either in the amount of construction to be completed or in the products, materials, equipment, systems, or installation methods described in the Contract Documents.

  • Each Lump Sum Base Proposal shall be accompanied by Proposal security in the amount of 10% of the Lump Sum Base Proposal as security for Prequalified Proposer’s obligation to enter into a Contract with University.

  • The Owner reserves the right to consider any Proposal “non-responsive” if the Base Proposal pricing is determined to be unreasonable or irresponsible in relation to the other submitted Proposals and/or the Owner’s cost estimate.

  • The Owner reserves the right to consider any Proposal “non-responsive” if the Base Proposal Cost is determined to be unreasonable or irresponsible in relation to the other submitted Proposals and/or the Owner’s estimate of the construction cost.

  • If the Owner elects to accept any or all of the Alternates, the undersigned agrees to modify the Base Proposal as stipulated below.


More Definitions of Base Proposal

Base Proposal means the proposal submitted by a Proposer based on the Base Contract
Base Proposal means the sum of money stated in a Proposal for which the Proposer proposes to perform the Work and/or Services described in the Bidding/Proposal Documents, exclusive of adjustments for Alternates.

Related to Base Proposal

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

  • Superior Proposal has the meaning set forth in Section 5.09(a).

  • approved proposal means a proposal approved or deemed to be approved under this Agreement;

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Project Proposal has the meaning set forth in Section 2.2(b).

  • Transaction Proposal has the meaning specified in Section 8.02(c).

  • Company Superior Proposal shall have the meaning set forth in Section 7.4(b).

  • Price Proposal means the price offer included in the Proposal submitted by a Proposer as set forth on the forms requested in Exhibit C-2 of the ITP.

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).

  • Change Proposal means a proposal for a Change Order submitted by the Design/Builder to the Owner, either at the request of the Owner, or at the Design/Builder's own initiative.

  • Superior Acquisition Proposal means any Acquisition Proposal containing terms which the Company Board determines in its good faith judgment (based on the advice of an independent financial advisor) to be more favorable to the Company’s stockholders than the Merger and for which financing, to the extent required, is then committed or which, in the good faith judgment of the Company Board, is reasonably capable of being obtained by such third party.

  • Company Acquisition Proposal means any offer or proposal, including any amendment or modification to any existing offer or proposal (other than, in each case, an offer or proposal made or submitted by or on behalf of Parent), relating to a Company Acquisition Transaction.

  • Proposal means the Technical Proposal and the Financial Proposal of the Consultant.

  • Takeover Proposal means any offer or proposal for, or any indication of interest in, a merger or other business combination involving Target or the acquisition of any significant equity interest in, or a significant portion of the assets of, Target, other than the transactions contemplated by this Agreement.

  • Competing Proposal means a proposal, offer or invitation to the Company, any Party or any of a Party’s Affiliates (other than the Proposal), that involves the acquisition of Control of the Target, a sale of all or a substantial part of the assets of the Target, a restructuring or recapitalization of the Target, or some other transaction that would adversely affect, prevent or materially reduce the likelihood of the consummation of the Transaction with the Parties.

  • Parent Superior Proposal shall have the meaning set forth in Section 7.4(g).

  • Alternative Transaction Proposal means any offer, inquiry, proposal or indication of interest, written or oral (whether binding or non-binding and other than an offer, inquiry, proposal or indication of interest by Parent or a Subsidiary of Parent), relating to an Alternative Transaction.

  • Notice of Superior Proposal has the meaning set forth in Section 5.09(e).

  • Responsive Proposal means a Proposal that complies with the material provisions of this RFP.

  • Bid Proposal or “Proposal” means the bidder’s proposal submitted in response to the RFP.

  • Eligible Proposal means a Proposal that meets or exceeds the prescribed requirement, proceeding to the next stage of evaluation;

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 20% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 20% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Unsolicited proposal means a written proposal for a public-private initiative that is submitted by a private entity for the purpose of entering into an agreement with the department but that is not in response to a formal solicitation or request issued by the department.

  • Financial Proposal means the Contractor’s Financial Proposal dated (Financial Proposal date).

  • Superior Company Proposal has the meaning set forth in Section 6.02(e).

  • Parent Acquisition Proposal means any offer, proposal or indication of interest received from a third party (other than a party to this Agreement) providing for any Parent Acquisition Transaction.