Bidding Consortium or “Consortium” shall mean the reference to the group of Bidders or Bidding Entities, each being a Member in a Bidding Consortium, if the Bid has been submitted jointly by more than one Bidder.
Bidding Consortium or "Consortium" shall mean a maximum of three Bidding Companies that has collectively submitted the bid in accordance with the provisions of this RfP.
Bidding Consortium or “Consortium” shall mean the reference to the group of companies, each being a Member in a Bidding Consortium, if the Bid for the proposed Project has been made jointly by more than one company.
Examples of Bidding Consortium in a sentence
Where the Technically Evaluated Entity and/or the Financially Evaluated Entity is not the Bidding Company or a Member in a Bidding Consortium, as the case may be, the Bidding Company or Member shall continue to be an Affiliate of the Technically Evaluated Entity and/or Financially Evaluated Entity till the COD of the Project.
Provided further, that in case the Selected Bidder is a Bidding Consortium, the Lead Member shall continue to hold equity of at least twenty six percent (26%) upto a period of one (1) year after COD of the Project and any Member of such Bidding Consortium shall be allowed to divest its equity as long as the other remaining Members (which shall always include the Lead Member) hold the minimum equity specified above.
More Definitions of Bidding Consortium
Bidding Consortium or “Consortium” refers to an individual / an association of persons / firms / Companies or a combination of the three that have collectively responded and submitted the Bid in response to and in accordance with the provisions of the RFS.
Bidding Consortium means if the proposal for the project is made jointly by more than one entity, then such group of entities shall be referred to as a Bidding Consortium;
Bidding Consortium means a maximum of three(3) Bidding Companies who have signed a memorandum of understanding collectively submitted the Bid in accordance with the provisions of this RFQ cum RFP.
Bidding Consortium means a situation where a proposal for a PPP Project is made by more than one person, and “bidding consortia” shall be construed accordingly;
Bidding Consortium means a group of persons making a proposal for a PPP Project, and “bidding consortia” shall be construed accordingly;
Bidding Consortium or “Consortium” and Bidding Consortium of Companies/Bidding Consortium of Firms/ Hybrid Consortium shall refer to a group of Companies and/or Firms that have collectively submitted the Bid in response to this RFP in accordance with the provisions of this RFP; Bidding Consortiums shall not have more than three (3) Members and Bidding Consortiums comprising of more than three (3) Members shall be summarily rejected.
Bidding Consortium means a group of not more than 2 (two)registered companies under Indian Companies Act 1956 or 2013 in India, that has jointly submitted their Bid in response to this Tender;