Bid Round definition

Bid Round means a bidding round in an Auction;
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Bid Round means a bidding round in the Auction;
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Bid Round means the process for submission of Proposals for each Contract Area pursuant to this Protocol.
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Examples of Bid Round in a sentence

  • The block CB-ONHP-2017/9 in Cambay basin, Gujarat was awarded to BPRL as Operator with 100% PI under OALP Bid Round- I and the Revenue Sharing Contract (RSC) of the block was signed with Govt.

  • Only those Bidders who will qualify the Technical Bid Round will be considered for the Second Round, i.e. the Financial Bid of only those bidders will be opened who have qualified in the Technical Bid Round.All Bidders are required to submit duly filled RFP documents (Technical and Financial Bid) in accordance with the guidelines set forth in this RFP Document.

  • Workshop participants will be put into teams and become familiar with the overall objectives, San Felipe Resources Hypothetical, Lantana Bid Round, and expected deliverables upon completion of the team exercise on day four.

  • Specifically, unconventional activities are currently prohibited on Alvopetro’s blocks acquired in the 12th Brazil Bid Round as a result of an injunction issued by a Brazilian Federal Court in November 2014.

  • Only those Bidders who will qualify the Technical Bid Round will be considered for the Second Round, i.e. the Financial Bid of only those bidders will be opened who have qualified in the Technical Bid Round.

  • Only firms successfully qualifying the requisite criteria of the Technical Bid process shall be considered eligible for the Financial Bid Round.

  • The block CB-ONHP-2017/9 in Cambay basin, Gujarat was awarded to BPRL under Open Acreage Licensing Policy (OALP) Bid Round- I and the Revenue Sharing Contract (RSC) of the block was signed with Govt.

  • The field was awarded to Platform Petroleum Limited as a Marginal Field in 2003 after a competitive Bid Round.

  • Block 75 was awarded to Oxy in the Second International Bid Round for Exploration and Production of Hydrocarbons.

  • Bid Round 1.4 is seen as the test of whether the government has taken corrective measures.

Related to Bid Round

  • 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;

  • Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of:

  • Competitive when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans constituting such Borrowing, are made pursuant to Section 2.04.

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • 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;