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Bid Unit definition

Bid Unit means the unit designation which shall be applicable to all pricing offered for bid evaluation purposes. Unit cost, freight, fixed fee, estimated usage and the extended cost shall be stated in terms of the designated bid unit. In some instances, the bid unit and the package unit may be the same.
Bid Unit means the unit designation which shall be applicable to all pricing offered for bid evaluation purposes. Unit cost, freight, fixed fee, estimated usage and the extended cost shall be

Examples of Bid Unit in a sentence

  • The Engineer shall develop a preliminary cost estimate using the Average Low Bid Unit Price.

  • Bidder acknowledges that (1) each Bid Unit Price includes an amount considered by Bidder to be adequate to cover Contractor’s overhead and profit for each separately identified item, and (2) estimated quantities are not guaranteed, and are solely for the purpose of comparison of Bids, and final payment for all unit price Bid items will be based on actual quantities, determined as provided in the Contract Documents.

  • Contractors should hand carry or mail Insurance Certificates to the Department of Transportation, Bid Unit.

  • Bid Unit - The unit designation, which shall be applicable to all pricing, offered for bid evaluation purposes.

  • The NYSERDA Project Manager will confirm that the Bid Unit Modification has entered service and was completed in the manner proposed to NYSERDA.

  • Bid Unit Commissioning is executed by the NYSERDA Project Manager and will entail site visits to witness project progress and hardware/software installation.

  • The correctly calculated (extended) price of all units of each Bid Item (Bid Unit Price times Quantity).

  • Fractional Bid Units will not be issued and the number of Bid Units issuable under this provision to a Unitholder will be rounded down to the nearest whole Bid Unit.

  • Bidder shall also calculate [as the sum of the Bid Unit Total Prices] the Total Bid Price and supply the same, in numerals and units of US Dollars, in the appropriate location below.

  • An example of the Average Low Bid Unit Price sheet is shown in Table 6.1. This table provides the item number, a description of the item and units by which it is paid, and the quantity of that item that was constructed during the last period.

Related to Bid Unit

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, one cent.

  • LLC Unit means a common limited liability interest in the Company.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • Common Share means one share of the common stock of the Company.

  • Class A Unit means a Unit representing a fractional part of the equity interest in the Company having the rights and obligations specified with respect to the Class A Units in this Agreement.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Academic Unit means an Academic Department, research unit, School, non-departmentalized Faculty, Xxxxxxxx Campus Division, Faculty of Medicine Division, the Fisheries and Marine Institute, the Counselling Centre, or the University Library, to which one (1) or more ASMs have their primary or sole appointment. For Faculty Members at Xxxxxxxx Campus who are not members of a Division, the Academic Unit shall be the Xxxxxxxx Campus. For Faculty Members in the Faculty of Medicine who are not members of a Division, the Academic Unit shall be the Faculty.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Euro Unit means the currency unit of the Euro.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • REIT Share means a share of common stock of the General Partner, $0.01 par value per share, but shall not include any class or series of the General Partner’s common stock classified after the date of this Agreement.

  • Class D Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class D Unit as provided in this Agreement.

  • Market Rate Unit means a Residential Unit that is not an Affordable Unit.

  • Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Covered Units means, with respect to each Unitholder, such Unitholder’s Existing Units, together with any WMLP Common Units that such Unitholder becomes the Record Holder or beneficial owner of on or after the date hereof.