Bid Value definition

Bid Value. Subject to Clause 8(E) means:-

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 paragraph 10.5 means:-

Examples of Bid Value in a sentence

• Estimated Bid Value indicated above is being declared solely for the purpose of guidance on EMD amount and for determining the Eligibility Criteria related to Turn Over, Past Performance and Project / Past Experience etc.

• Past Experience of Similar Services: The Bidder must have successfully executed / completed at least one single order of 80 % of the Estimated Bid Value or 2 orders each of 50 % of the Estimated Bid Value or 3 orders each of 40 % of the Estimated Bid Value for similar service(s) in last three years to any Central / State Govt Organization / PSU / Public Listed Company.

• OIL INDIA LTD accepts no liability of any nature resulting from any calculation error or omissions while filling up the “Total Bid Value” (under RFx Information > Basic Data > Total Bid Value) by the bidders and no claim whatsoever shall be entertained thereof.

• It is the responsibility of the bidder to fill up the “Total Bid Value” (under RFx Information > Basic Data > Total Bid Value) correctly as per the instructions given herein.

• Company shall evaluate the inter-se-ranking of the bidders and conduct Draw of Lots amongst the eligible bidders in case of identical bidding, strictly as per the overall quoted price under the “Total Bid Value” (under RFx Information > Basic Data > Total Bid Value) and awarding of contract shall be done accordingly.

More Definitions of Bid Value

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 means the amount of remuneration to be paid to the consultant for doing the entire work agreed by the consultant and accepted by the employer as mentioned in the letter of award.

Bid Value means the value quoted by the bidder in the BOQ.

Bid Value has the meaning given to it in Schedule 21;

Bid Value means the bid value quoted by the Intending Bidder(s) in the Bid with respect to the Properties in the Auction and shall not be less than the Reserve Price with respect to such Properties.

Bid Value means the value to be applied which the bidder has indicated in his bid;