Competitive bidding procedure definition

Competitive bidding procedure means the advertisement for, solicitation of, or the procurement of bids; the manner and condition in which bids are received; and the procedure by which bids are opened, accessed, evaluated, accepted, rejected or awarded. A “competitive bidding procedure” refers to all types of competitive solicitation processes referenced in this chapter and may include a transaction accomplished in an electronic format.
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Competitive bidding procedure means the advertisement
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Competitive bidding procedure means a procedure whereby producers of low or zero carbon products that have applied for Innovation Fund support are selected on the basis of the most competitive bid, in accordance with Article 13d of this Regulation;
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Examples of Competitive bidding procedure in a sentence

  • Bids complete in all respect along with all the requisite document and information can be submitted on or before 10th May,2022 on 11.00 a.m. Bill of Quantities (BOQs) along with the PO/DD of bid security amount of 2% for three years bid duly filled and signed & stamped by the firm may be submitted in a separate envelope as per Competitive bidding procedure of Single-Stage Two Envelope as per Rule 36 (b) of PPRA.

  • The main reasons that had caused the project cost variation are: (1) Chinese currency value had been increased; (2) Competitive bidding procedure and good contract management were carried out during SUDP implementation, which saved the project budget; and(3) Some of sub-components in SUDP had been dropped due to the changes of regional master plans as well as lack of local counterpart funds, which were caused by the earthquake, fiscal crises, increased exchange value of RMB currency.

  • Bids complete in all respect along with all the requisite document and information can be submitted on or before 9th May 2023 on 11.00 a.m. Bill of Quantities (BOQs) along with the PO/DD of bid security amount of 2% duly filled and signed & stamped by the firm may be submitted in a separate envelope as per Competitive bidding procedure of Single-Stage Two Envelope as per Rule 36 (b) of PPRA.


More Definitions of Competitive bidding procedure

Competitive bidding procedure means a non-discriminatory bidding process that provides for the participation of a sufficient number of producers and where the incentives are granted on the basis of either the initial bid submitted by the bidder or a clearing price. In addition, the budget or volume related to the bidding process is a binding constraint leading to a situation where not all bidders can receive incentives;
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Competitive bidding procedure means a procedure approved by the commission
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Competitive bidding procedure means the advertise- ment for, solicitation of, or the procurement of bids; the man- ner and condition in which bids are received; and the proce- dure by which bids are opened, accessed, evaluated, accept- ed, rejected or awarded. A “competitive bidding procedure” refers to all types of competitive solicitation processes refer- enced in this chapter and may include a transaction accom- plished in an electronic format.
Sample 1
Competitive bidding procedure means the advertisement for, solicitation of, or the pro- curement of bids; the manner and condition in which bids are received; and the procedure by which bids are opened, accessed, accepted, rejected, or awarded. A “competitive bidding pro- cedure” may include a transaction accomplished in an electronic format.
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Competitive bidding procedure means the advertisement for, solicitation of, or the procurement of bids; the manner and condition in which bids are received; and the procedure
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Related to Competitive bidding procedure

  • competitive bidding process means a competitive bidding process referred to in paragraph 12 (1) (d) of this Policy;

  • Competitive bidding means a transparent process for procurement of equipment, services and works in which bids are invited by the project developer by open advertisement covering the scope and specifications of the equipment, services and works required for the project, and the terms and conditions of the proposed contract as well as the criteria by which bids shall be evaluated, and shall include domestic competitive bidding and international competitive bidding;

  • Competitive Bid means an offer by a Lender to make a Competitive Loan in accordance with Section 2.04.

  • Bidding Procedures means the procedures governing the Auction and sale of all or substantially all of the Debtors’ assets, as approved by the Bankruptcy Court and as may be amended from time to time in accordance with their terms.

  • Responsive Bidder or Offeror means a person who submits a bid or proposal which conforms in all material respects to the invitation for bids or request for proposals.

  • Prospective bidder means anyone likely or desirous to be a bidder.

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects