Bid Evaluation definition

Bid Evaluation means the evaluation of a submitted bid in a procedure for awarding a procurement contract under public notice;
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Bid Evaluation means the process of conducting any evaluative activity that could reasonably be expected to result in determining the value, nature, character, or quality of a bid.
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Bid Evaluation means evaluation of Bids submitted by Bidders as per the terms of this RFQ-cum-RFP for implementing the Project;
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Examples of Bid Evaluation in a sentence

  • The functional demonstration (i.e. onsite/offsite) of the equipment is purely at the discretion of the Technical Bid Evaluation Committee and its input shall be treated as only corroborative in nature and will not be a substitute for technical evaluation of the document submitted along with the bid.

  • The power to decide on the criteria of similarity rests without any prejudice, solely with the Bid Evaluation Committee (TEC).

  • Note: - Working demonstration of all the offered goods within India shall be required to be arranged by the Tenderer before the Bid Evaluation Committee for technical evaluation, as and when requested to do so by the Technical Bid Evaluation Committee prior to the opening of the financial bids.

  • Forwarding Letter Instruction to BiddersBEC-BRC- Bid Evaluation Criteria & Bid Rejection Criteria.

  • Evaluation will be done as per Bid Form (Annex – II B) and Bid Evaluation Summary Sheet.

  • The Financial Bid of bidders, who qualify at Technical Bid Evaluation, will be opened thereafter.

  • Bid Evaluation and ComparisonITB 31.2A margin of domestic or regional preference “shall not” apply.

  • Notwithstanding the general conformity of the bid, the following requirement under Bid Rejection criteria (BRC)/ Bid Evaluation Criteria (BEC) will have to be particularly met by the bidders without which the same will be considered non-responsive and rejected.

  • Any effort by a Bidder to influence the Purchaser (NII) in its decisions on Bid Evaluation, bid comparison or Contract Award may result in rejection of the Bidder's bid.

  • The Bid Evaluation Committee may decide to amend the scoring assigned to a particular bid based on the presentation made.


More Definitions of Bid Evaluation

Bid Evaluation means the determination of the lowest evaluated cost based on price offers, standards of capability and financial resources and other factors.
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Bid Evaluation means evaluation of bids submitted by Bidders in response to the RFP for implementing the Project as per Section 3 of Volume II of this RFP;
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Bid Evaluation means assessment of the Bid submitted in the procedure for awarding a Public Procurement Contract;
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Related to Bid Evaluation

  • Site evaluation means a comprehensive analysis of soil and site conditions for an OWTS.

  • Clinical evaluation means a systematic and planned process to continuously generate, collect, analyse and assess the clinical data pertaining to a device in order to verify the safety and performance, including clinical benefits, of the device when used as intended by the manufacturer;

  • Performance evaluation means evaluation of work and program participation as well as other areas of behavior.

  • Summative evaluation means the comprehensive, end-of-cycle appraisal and shall incorporate the results of the minimum required observations, any additional observations, and required component-level data. At the discretion of the Evaluator, it may also include additional announced or unannounced observation data beyond the required observation data provided by other Credentialed Observers.

  • Evaluation means an appraisal of an individual’s professional performance in relation to his or her job description and professional standards and based on, when applicable, the individual’s evaluation rubric.

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;

  • Evaluation Report means that document which becomes a part of the employee’s personnel file.

  • Lowest Evaluated Bid means a bid for goods, works and services having the lowest evaluated cost among the substantially responsive bids

  • Evaluation Team means the team appointed by the City; “Information Meeting” has the meaning set out in section 2.2;

  • Independent educational evaluation means an evaluation conducted by a qualified examiner who is not employed by the public agency responsible for the education of the child in question.

  • Market Analysis means a technique used to identify market characteristics for specific goods or services “National Treasury” has the meaning assigned to it in section 1 of the Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Utilization review means the prospective (prior to), concurrent (during) or retrospective (after) review of any service to determine whether such service was properly authorized, constitutes a medically necessary service for purposes of benefit payment, and is a covered healthcare service under this plan. WE, US, and OUR means Blue Cross & Blue Shield of Rhode Island. WE, US, or OUR will have the same meaning whether italicized or not. YOU and YOUR means the subscriber or member enrolled for coverage under this agreement. YOU and YOUR will have the same meaning whether italicized or not.

  • Benchmarked Rates means the Framework Prices for the Benchmarked Goods and/or Services

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Annual summative evaluation rating means an annual evaluation rating that is based on appraisals of educator practice and student performance, and includes all measures captured in a teacher’s evaluation rubric. The four summative performance categories are ineffective, partially effective, effective, and highly effective.

  • Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid incentive or percentage reductions to the bid amount.

  • bid means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of goods or services, through price quotations, advertised competitive bidding processes or proposals;

  • CAMS means the Confederation of Australia Motor Sport Ltd.

  • Drug utilization review means an evaluation of a prescription drug order and patient records for

  • Catalog Pricing and Pricing Requirements

  • Total Evaluated CRIS MW means the Additional CRIS MW requested plus either (i) if the Installed Capacity Supplier previously received an exemption under Sections 23.4.5.7.2(b), 23.4.5.7.6(b), 23.4.5.7.7 or 23.4.5.7.8, all prior Additional CRIS MW since the facility was last exempted under Sections 23.4.5.7.2(b), 23.4.5.7.6(b), or 23.4.5.7.8, or (ii) for all other Installed Capacity Suppliers, all MW of Capacity for which an Examined Facility obtained CRIS pursuant to the provisions in ISO OATT Sections 25, 30, or 32 (OATT Attachments S, X, or Z). For purposes of Section 23.4.5 of this Attachment H, “UCAP Offer Reference Level” shall mean a dollar value equal to the projected clearing price for each ICAP Spot Market Auction determined by the ISO on the basis of the applicable ICAP Demand Curve and the total quantity of Unforced Capacity from all Installed Capacity Suppliers in a Mitigated Capacity Zone for the period covered by the applicable ICAP Spot Market Auction. For purposes of Section 23.4.5 of this Attachment H, “Unit Net CONE” shall mean localized levelized embedded costs of a specified Installed Capacity Supplier, including interconnection costs, and for an Installed Capacity Supplier located outside a Mitigated Capacity Zone including embedded costs of transmission service, in either case net of likely projected annual Energy and Ancillary Services revenues, and revenues associated with other energy products (such as energy services and renewable energy credits, as determined by the ISO, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate. The Unit Net CONE of an Installed Capacity Supplier that has functions beyond the generation or transmission of power shall include only the embedded costs allocated to the production and transmission of power, and shall not net the revenues from functions other than the generation or transmission of power.

  • Overissue means the purported issuance of:

  • Valuation Report means the valuation report or reports for mortgage purposes, in the form of the pro-forma contained in the Standard Documentation, obtained by the Seller from a Valuer in respect of each Mortgaged Property or a valuation report in respect of a valuation made using a methodology which would be acceptable to a reasonable prudent mortgage lender;

  • District Evaluation Advisory Committee means a group created to oversee and guide the planning and implementation of the Board of Education's evaluation policies and procedures as set forth in N.J.A.C. 6A:10-2.3.

  • Market Abuse means any unscrupulous behavior addressed by applicable regulations.

  • Endpoint means any Federal Reserve Bank, financial institution, local clearing house, courier or other entity or location for the delivery of cash letters or other presentment of Imaged Items or Substitute Checks.