Bid Value definition

Bid Value means the aggregated amount quoted for providing security services as specified in Scope of Work during the Contract Period.
Bid Value. Subject to Clause 8(E) means:-
Bid Value subject to paragraph 10.5 means:-

Examples of Bid Value in a sentence

  • If the quoted bid value exceeds Rs: 2,000,000.00, such Bids should be accompanied with 1% of Bid Value an “on demand” and “unconditional” Bid Bond/Guarantee for a sum of Rs: in the format given in Annex “C” through a recognized local Bank or Insurance Company registered in Sri Lanka which is authorized by the Insurance Board of Sri Lanka to issue such Bid Guarantees.

  • If the Bid Value is greater than the Offer Value, and the Non-Defaulting Party had delivered to the Defaulting Party a Letter of Credit, the Defaulting Party shall draw on the Letter of Credit to the extent of the balance due and shall subsequently redeliver for cancellation the Letter of Credit so provided.

  • If the Offer Value is greater than the Bid Value, and the Defaulting Party had delivered to the Non-Defaulting Party a Letter of Credit, the Non-Defaulting Party shall draw on the Letter of Credit to the extent of the balance due and shall subsequently redeliver for cancellation the Letter of Credit so provided.

  • The Operating Company shall provide an Estimated Bid Value for all potential landscaping Schemes and interventions as well as cost estimates for improvements to maintenance requirements.

  • If the maximum payment obligations connected with these Bids exceed the Credit Limit, these Bids, starting with the Bid with the lowest Bid Value, shall be one (1) by one (1) excluded, until the maximum payment obligations are less than or equal to the Credit Limit.


More Definitions of Bid Value

Bid Value means the bid price multiplied with the bid quantity;
Bid Value means, in respect of each Portfolio Credit Default Swap, the expected net present value to the Swap Counterparty of such Portfolio Credit Default Swap, as calculated by the Swap Counterparty, acting in its sole discretion, using the Current Mid Curve in respect of each Reference Entity except any Replacement Reference Entity and using the Current Bid Curve in respect of each Replacement Reference Entity. If at the time of calculation of a Bid Value there is an Undetermined Reference Entity in the Portfolio, the Swap Counterparty shall assume for the purpose of such calculation that the Final Price in respect of such Undetermined Reference Entity is zero.
Bid Value means the amount quoted by the Contractor for the work;
Bid Value has the meaning given to it in Schedule 21;
Bid Value means the value quoted by the bidder in the BOQ.
Bid Value means in relation to all the Shares and Group Businesses, US$270 million (two hundred and seventy million US Dollars);
Bid Value means Financial Bid quoted by developer for the whole project as a maximum Lease Premium Offered for the Leasehold rights on Project Site - II. Bid value does not include applicable taxes/cess/stamp duty & other duties etc if any 'which shall be payable separately as per terms and conditions laid down in RFP document. The Bid Value is Inclusive of Project Consultant Fees (1.0% of the Cost of Construction of