Competitive sealed bid definition

Competitive sealed bid means a method of procurement in which a good, service or construction
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Competitive sealed bid means a method of soliciting bids for goods, material, or services whereby the award is based upon the lowest responsive, responsible bid (Sometimes referred to as an Invitation for Bids).
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Competitive sealed bid means the response from a bidder to an invitation to bid
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Examples of Competitive sealed bid in a sentence

  • In paragraph 14.27 of our Second Report, we had drawn attention to the nine basic principles propounded in U.K. when the metropolitan police was reorganised in 1829.

  • Competitive sealed bid solicitation openings are open to the public.

  • Competitive sealed bid or competitive negotiation packages will be publicly posted.

  • Competitive sealed bid and proposal openings shall be open to the public.

  • In support of that requirement, the 2007 Reauthorization directed the Secretary to establish the Designation Renewal System (DRS) to (1) identify Head Start grantees delivering a high-quality and comprehensive Head Start program that could receive funding noncompetitively for a 5-year period and grantees not delivering a high-quality andcomprehensive Head Start program that will be required to compete for continued funding, and (2) transition all grants from indefinite grants to 5-year grant periods.

  • Competitive sealed bid means a method of procurement whereby two or more sealed bids are publicly solicited and a firm fixed-price contract is awarded to the responsive, responsible bidder whose bid, conforming to all the material terms and conditions of the solicitation, is the lowest in price or a selected acceptable bid price based upon CCFP criteria.

  • AAM 81.300 Competitive Sealed Bidding (06-18)‌ Competitive sealed bid procurements must be made in accordance with AS 36.30 and 2 AAC 12.

  • Procurement: Competitive sealed bid Bids: Insituform Technologies Chesterfield, MO $457,689.00 Standard Pipe Services, Newark, DE $472,991.00 AM-Liner, INC.

  • Competitive sealed bid process - minimum bid of sale price determined by process outlined previously in the document.

  • Competitive sealed bid or competitive negotiation packages will be publicly posted and advertised in one or more newspapers of general circulation.


More Definitions of Competitive sealed bid

Competitive sealed bid means a sealed bid in the prescribed form submitted in response to an advertisement or request for construction, goods or services;
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Competitive sealed bid means a method of procurement in which a goodsupply, service
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Competitive sealed bid means a method of procurement in which a supply, service or
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Competitive sealed bid means an invitation for bids that defines in specifications the goods, services, insurance, or construction sought for which a contract award is made to the lowest responsive and responsible bidder meeting all specifications.
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Competitive sealed bid means the process to solicit and award a public contract (or multiple public contracts) for goods or services through a formal process which includes providing public notice of the invitation to bid, opening bids pub- licly at the time, date and place designated, and considering bid security requirements. The price of the good or service is the primary consideration for award of a contract under this process, as specified
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Related to Competitive sealed bid

  • Competitive service means any service offered by an electric

  • Competitive solicitation means a formal, advertised procurement process, other than an Invitation to Bid, Request for Proposals, or Invitation to Negotiate, approved by the Board to purchase commodities and/or services which affords vendors fair treatment in the competition for award of a District purchase contract.

  • Competitive Range means the responsive submissions that meet the evaluation criteria and are considered to be reasonably susceptible of award.

  • Competitive Position means any employment with a Competitor in which Executive will use or is likely to use any Confidential Information or Trade Secrets, or in which Executive has duties for such Competitor that relate to Competitive Services and that are the same or similar to those services actually performed by Executive for the Company;

  • Competitive Services means engaging in the business of commercial and mortgage banking, including, without limitation, originating, underwriting, closing and selling loans, receiving deposits, as well as the business of providing any other activities, products, or services of the type routinely conducted, offered, or provided by Employer as of or during the two years immediately prior to the Date of Termination.

  • Competitive contracting means the method described in sections 45 through 49 of P.L.1999, c.440 (C.18A:18A-4.1 through C.18A:18A-4.5) of contracting for specialized goods and services in which formal proposals are solicited from vendors; formal proposals are evaluated by the purchasing agent or counsel or School Business Administrator; and the Board awards a contract to a vendor or vendors from among the formal proposals received.

  • Competing Offer means a Tender Offer for Units which (i) is Commenced prior to the expiration of the Offer by a Person that is not an Affiliate (or in the case of Waltxx Xxxeet, as to its Associates only) of any Partner and (ii) has a cash purchase price per Unit that is at least 2% (10% with respect to the first Competing Offer made following the Offer by the Partnership)

  • Competitive integrated employment means work (including self-employment) that is performed on a full-time or part-time basis:

  • Open Competitive Bidding means a fair and transparent specified procedure defined under these Rules, advertised in the prescribed manner, leading to the award of a contract whereby all interested persons, firms, companies or organizations may bid for the contract and includes both National and International Competitive Biddings;

  • Competitive Bid Request means a request by the Borrower for Competitive Bids in accordance with the provisions of Section 2.2(b).

  • Competitive Activity will not include (i) the mere ownership of securities in any such enterprise and the exercise of rights appurtenant thereto or (ii) participation in the management of any such enterprise other than in connection with the competitive operations of such enterprise.

  • 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;