Bid Evaluation definition

Bid Evaluation means the evaluation of a submitted bid in a procedure for awarding a procurement contract under public notice;
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3
Bid Evaluation means evaluation of Bids submitted by Bidders as per the terms of this RFQ-cum-RFP for implementing the Project;
Sample 1Sample 2Sample 3

Examples of Bid Evaluation in a sentence

  • 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.

  • 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.

  • Bid creator (MCGM) starts Bid Opening for Packet A after reaching End Date and Time and Bid Evaluation process starts.As per Three Packet system, the document for Packet A & B are to be uploaded by the tenderer in 'Vendor's document' online in Packet A & B.

  • Any effort by the Bidder to influence the Employer in the Employer's 'Bid Evaluation', 'Bid Comparison', or 'Contract Award' decisions may result in the rejection of the Bidder's Bid and action shall be initiated as per procedure in this regard.

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

  • Illegible certificates, absence of contact details making it time consuming for verification purposes of CC issued by authorities outside the State are liable to be rejected by the Bid Evaluation Committee (TEC).

  • Duly certified / attested documents in accordance with the "Bid Evaluation Criteria [BEC]", Section II of Tender Document.

  • As per Supply Chain Management Circular No. 1/2013 – recommended bidders that did not submit Annual Financial Statements (if required) with their bid will be requested in writing to submit their Annual Financial Statements within five working days for inclusion in the Bid Evaluation Committee item, if a bidder fails to submit before 12:00 on the 5th working day after the date of request, the relevant bid will be rejected.

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

  • Bid creator (BMC) starts Bid Opening for Packet A after reaching End Date and Time and Bid Evaluation process starts.As per Three Packet system, the document for Packet A & B are to be uploaded by the tenderer in 'Vendor's document' online in Packet A & B.


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.
Sample 1Sample 2
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;
Sample 1
Bid Evaluation means assessment of the Bid submitted in the procedure for awarding a Public Procurement Contract;
Sample 1

Related to Bid Evaluation

  • 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.

  • 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).

  • 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;

  • Catalog Pricing and Pricing Requirements This is a requirement of the TIPS Contract and is non-negotiable. In this solicitation and resulting contract, "Catalog Pricing" shall be defined as: "The then available list of goods or services, in the most current listing regardless of date, that takes the form of a catalog, price list, price schedule, shelf-price or other viewable format that:

  • Benchmarking Information means information generated by Portfolio Manager, as herein defined including descriptive information about the physical building and its operational characteristics.

  • Overissue means the purported issuance of: