Examples of Base Proposal in a sentence
The OWNER may award the work on the basis of the Base Proposal, combined with such Alternates as selected, until a net amount is reached which is within the funds available.
If the award is to be made on the basis of a combination of a Base Proposal with Options, it will be made to that responsible Respondent whose net proposal on such combination is the lowest.
If the award is to be made on the basis of Base Proposals only, it will be made to that responsible Respondent whose Base Proposal, therefore, is the lowest.
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.
Further, Proposer hereby states that the Base Proposal set forth in this Proposal Response is true and correct.
Each Proposal must be accompanied by a Proposal Guaranty in the amount of five percent (5%) of the largest possible total Proposal (i.e. the sum of the Base Proposal and all additive Alternates).
Proposals will include a proposal for the base scope of work (Base Proposal) and may include proposal(s) for any alternate scope(s) of work (Alternate Proposal(s)), when requested by Owner, and any conditions upon which the Base Proposal or any Alternate Proposal(s) are premised.
The Owner will not acknowledge or receive any element of the Base Proposal (Respondent’s Qualifications, Respondent’s Pricing and Delivery Proposal and Execution of Offer, Proposed Alternates or HUB Subcontracting Plan) that are delivered by telephone, facsimile (fax) transmission, or electronic mail (e-mail).
Enter into and execute the contract, if awarded, for the Base Proposal and accepted Alternate Proposals.
Definition: An alternate is an amount proposed by Proposer and stated on the Proposal Form for certain construction activities defined in the Proposal Requirements that may be added to or deducted from Base Proposal amount if the Owner decides to accept a corresponding change in either the installation or methods described in Contract Documents.