Bid Abstract definition

Bid Abstract means a summary of responsive bids to a solicitation.
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Bid Abstract means a summary tabulation which identifies each bidder and the dollar amount of each bid received and opened in response to a public solicitation; provided, however, that bid abstracts for requests for proposals requiring submission of separate technical and cost proposals shall be limited to bidder identification until such time as the Purchasing Agent renders a contract award determination.
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Bid Abstract means a summation of Bids received in response to an Invitation For Bids.
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Examples of Bid Abstract in a sentence

  • In the event more than one Electronic Bid Package is submitted from a single company, only the latest time/date- stamped Electronic Bid will be downloaded and used to complete the Bid Abstract during the Virtual Public Bid Opening.

  • Received bids are summarized below: The attached Bid Abstract shows the bid details.

  • All rates shall be quoted on the proper form in Price Bid/ Abstract of Cost (Part II).

  • The Bid Abstract shall document the basis for award and identify the lowest, responsive, responsible bidder.

  • Each Bid, together with the name of the Bidder shall be recorded and a Bid Abstract made available for public inspection.

  • Award synopsis as well as the Bid Abstract will be posted to the System for Award Management www.sam.gov.

  • List any enclosures, such as Bid Abstract, Financial Statement, or Request for Verification that are being sent with this letter.

  • Unit prices and/or labor rates included in subcontracts shall not be binding on the Owner unless the Owner specifically approves such rates with the Bid Abstract.

  • Exhibits: Recommendation; Bid Abstract; Letter from Phillip London.

  • As soon as practical after Bid Opening, the Procurement Buyer shall evaluate the responses and prepare a Bid Abstract.


More Definitions of Bid Abstract

Bid Abstract means a summary of Bids by Responsive Bidders to a Solicitation.
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Related to Bid Abstract

  • Bid Application Form means the form as specified in Annexure II of this E-Auction Process Information Document;

  • 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;

  • Third Party Applications means online, Web-based applications and offline software products that are provided by third parties and are identified as third-party applications, including but not limited to those listed on the AppExchange and the Reseller Application.

  • Bid sample means a sample to be furnished by a bidder to show the characteristics of the item offered in the bid.