Examples of Bidding Entity in a sentence
Name of Authorised Person: Authorised Signature: Name of Bidding Entity: Date: As witness: 1.
If the bid for the Project is made by a single entity (Individual/ Proprietorship/ Partnership/ Firm/ Company), it shall be referred to as a Bidding Entity.
For and on behalf of :Signature : (Authorized Representative and Signatory of the Bidding Entity or Lead Member of the Bidding Consortium) Name of the Person :Designation :Company Seal : Note: Power of Attorney authorizing the Representative is to be attached.
Each page of the Bid should be initialed by the Authorized Representative and Signatory of the Bidding Entity/ Bidding Consortium.
The following entities would be eligible to bid for the project either individually or as a Consortium.• Individuals• Proprietorship Firm• Partnership Firm• Private Limited Company• Public Limited Company• Not for Profit organizations• Trusts• Joint Venture• ConsortiumHowever, the conditions prescribed in this RFP apply to the Bidding Entity or the Bidding Consortium.
Each Scheduling Coordinator that is or represents one or more Convergence Bidding Entities will provide the CAISO with a list of the Convergence Bidding Entities that it represents and the SCIDs that the Scheduling Coordinator will use to submit Virtual Bids for each Convergence Bidding Entity, at least eleven (11) Business Days prior to the Scheduling Coordinator’s initial submission of a Virtual Bid on behalf of any of those Convergence Bidding Entities.
Each Convergence Bidding Entity must satisfy the Affiliate disclosure requirements set forth in Section 4.14.2.1.
A Virtual Bid submitted in the Day-Ahead Market and cleared in the IFM represents a commitment to liquidate a Day-Ahead award in the Real-Time Market at the price determined for the applicable Eligible PNode or Eligible Aggregated PNode as set forth in Section 11.3. For each SCID associated with a Convergence Bidding Entity, there may be only one Virtual Supply Bid and one Virtual Demand Bid per each Eligible PNode or Eligible Aggregated PNode in the Day-Ahead Market.
Within three (3) Business Days of receiving the application, the CAISO will send written notification to the Convergence Bidding Entity applicant that it has received the application.
The external Auditors have an obligation to bring any significant defects in the Company’s system of control and compliance to the attention of the management; and if necessary, to the Audit Committee and the Board.