Best Value Proposal definition

Best Value Proposal means the Proposal meeting the standards set by the RFP that Sponsors determine, through the evaluation process and evaluation criteria described in this ITP, to present the best value and to be in the best interest of Sponsors and the State.
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Best Value Proposal means the Proposal meeting the standards set by the RFP that FDOT determines, through the evaluation process described in this ITP, to present the best value and to be in the best interests of FDOT and the State.
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Best Value Proposal means the Proposal meeting the standards set by the RFP that GDOT determines, through the evaluation process and evaluation criteria described in this ITP, to present the best value and to be in the best interest of GDOT and the State.
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Examples of Best Value Proposal in a sentence

  • Any Stipend-Eligible Proposer that fails to execute the Stipend Agreement and provide the Department with the licenses required by Article 2 of the Stipend Agreement no later than 20 calendar days after the announcement of the selection of the Best Value Proposal, will forfeit all rights to receipt of a Stipend.

  • Stipend-Eligible Proposers must execute the Stipend Agreement and provide the Department with the licenses required by Article 2 of the Stipend Agreement no later than 20 calendar days after the announcement of the selection of the Best Value Proposal.

  • The University will then determine if the Supplier submitting the Best Value Proposal is responsible.

  • The apparent RFP winner(s) will be the responsible Supplier submitting the Best Value Proposal.

  • The University will then determine if the Bidder submitting the Best Value Proposal is responsible.

  • The University may then enter into negotiations with the responsible Bidder submitting the second Best Value Proposal.

  • After conclusion of negotiations under Section 6.2.3, if any, and after completion of the events in Section 6.2, Department will award the Agreement to the responsible Proposer that submits the Best Value Proposal.

  • However, if the entity identified as the proposed Developer in the Apparent Best Value Proposal is not formed as required by the RFP, or fails to comply with the requirements set forth in the RFP, the entity(ies) that signed the Proposal shall have the joint and several obligation to enter into the CA Documents itself.

  • The University may then enter into negotiations with the responsible Supplier submitting the second Best Value Proposal.

  • The apparent RFP winner will be the responsible Bidder submitting the Best Value Proposal.

Related to Best Value Proposal

  • 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.

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

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

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

  • Company Acquisition Proposal means any proposal for a merger or other business combination involving the Company or the acquisition of any equity interest in, or a substantial portion of the assets of, the Company, other than the transactions contemplated by this Agreement.

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

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

  • Superior Acquisition Proposal means a bona fide Acquisition Proposal made by a third party for one or more of the McNeil Partnerships which the general partner of each such McNeil Partnership determines in good faith to be more favorable to the limited partners of such McNeil Partnership from a financial point of view than the Mergers and the other transactions contemplated by this Agreement with respect to such McNeil Partnership, and which such general partner determines in good faith is reasonably likely to be consummated.

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

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • 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).

  • 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.

  • Business Combination Proposal has the meaning set forth in Section 5.8.

  • 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 30% 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 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

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

  • 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.

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

  • Alternative Transaction Proposal means any proposal, offer, inquiry or contact with respect to an Alternative Transaction.

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

  • Proposal Letter means the letter, executed by or on behalf of Proposer, delivered with its Proposal and conforming to Form A to the ITP.

  • 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.

  • Transaction Proposals has the meaning set forth in Section 5.8.

  • Competing Proposal shall have the meaning set forth in Section 6.6(f)(i).

  • Parent Acquisition Proposal means any offer or proposal for a merger, reorganization, recapitalization, consolidation, share exchange, business combination or other similar transaction involving Parent or any of its Subsidiaries or any proposal or offer to acquire, directly or indirectly, securities representing more than 20% of the voting power of Parent or more than 20% of the assets of Parent and its Subsidiaries taken as a whole, other than the Combination contemplated by this Agreement.

  • TO Financial Proposal means the TO Contractor’s financial response to the CATS+ TORFP dated date of TO Financial Proposal.