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

  • Should the Proposer’s Proposal still be determined to be the Best Value Proposal, that Key Personnel position rated ‘0’ shall be replaced with a candidate meeting the minimum requirements, as described in Part 3 – Project Requirements, or the offer of Best Value shall be withdrawn.

  • Protests filed after selection of Best Value Proposal: If the Department selects a best value Proposal, a debriefing will be made available to any unsuccessful Proposer that submitted a Proposal in response to this Request for Proposals.

  • Following selection of the Best Value Proposal, the Department will deliver, for execution, sets of the Contract Documents to the selected Proposer.

  • Protests filed after selection of Best Value Proposal: A debriefing will be made available to any Proposer that submitted a Proposal in response to this RFP.

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

  • Best Value Proposal Evaluation - Contractor Capabilities (respond to evaluation form attached at back of this section).

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

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

  • 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.

Related to Best Value Proposal

  • 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 offer, indication of interest or proposal (other than an offer or proposal made or submitted by or on behalf of Parent or any of its Subsidiaries) contemplating or otherwise relating to any Company Acquisition Transaction.

  • 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 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.

  • Proposal means the Technical Proposal and the Financial Proposal.

  • 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 (in the standard form) for any alteration of, or addition to, or omission from, the Contractor’s Brief or any change in the design, quality or quantity of the Works put forward by the Contractor or the Commercial Officer;

  • 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 offer, proposal or indication of interest (whether binding or non-binding), or any public announcement of an intention to make any offer, proposal or indication of interest, to the Company or Company Stockholders regarding 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 specified in Section 8.2(b).

  • Integration Proponent means in relation to an Integration Agreement, “the Company” or “the Joint Venturers” as the case may be as defined in, and for the purpose of, that Integration 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 Acquisition Proposal means any offer or proposal for, or any indiction of interest in, a merger, consolidation or other business combination involving Parent or any of the Parent Subsidiaries or the acquisition of any equity interest in, or a substantial portion of the assets of, Parent or any of the Parent Subsidiaries, other than the transactions contemplated by this Agreement and the Other Purchase Agreements.

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