Evaluation of Bid definition

Evaluation of Bid means the process of examining a bid after opening to determine the bidder's responsibility, responsiveness to requirements, and to ascertain other characteristics of the bid that relate to determination of the successful bidder.
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Evaluation of Bid means the evaluation of the bid submitted in the contract award procedure.
Sample 1
Evaluation of Bid means the process of examining a bid after opening to determine the bidder's
Sample 1

Examples of Evaluation of Bid in a sentence

  • The award shall be made to the Bidder who receives the most points based upon the criteria listed in #8 Evaluation of Bid.

  • The Chief Engineer, PWD (ARIASP/ RIDF), Assam, Chandmari, Guwahati-3 Sub: Financial Evaluation of Bid.

  • Evaluation of Bid: XXXXXX shall examine the Bid to confirm that all terms and conditions under the SHEILD General Terms and Conditions and Special Conditions have been accepted by the Bidder without any deviation or reservation.

  • Copies of the supplement were carried in the two government newspapers, Lentsoe la Basotho and Lesotho Today as well as the Roman Catholic newspaper.

  • Evaluation of Bid UNDP shall examine the Bid to confirm that all terms and conditions under the UNDP General Terms and Conditions and Special Conditions have been accepted by the Bidder without any deviation or reservation.

  • These will consist of Final Scheme templated bid Evaluation of Bid by Professional Property service provider Draft Heads of Terms, applicable if the bid is supported, Any other relevant information which informs consideration of the bidThe FSG will evaluate each Scheme bid and having considered all relevant information make recommendation to the LEP Board.

  • Evaluation of Bid A two-stage Evaluation Criteria will be adopted in evaluating the bids.

  • The commercial scores will be calculated asFn = Fmin / Fb * 100; where,Fn = financial score of the bidder under consideration Fb = Financial bid by the Bidder under considerationFmin = Lowest Bid quoted by any bidder under considerationFinal Evaluation - Evaluation of Bid :- Following completion of evaluation of Technical and Financial Proposals, final ranking of the Proposals will be determined on basis of Quality and Cost Based Selection (QCBS).

  • The procedure for the evaluation and comparison of bids is specified under Section IX.B “Detailed Process”, Item 5.b “Opening and Evaluation of Bid Proposals” of this TOR.

  • The financial scores (Fn) of the other Financial Proposals will be calculated as per the formula for determining the financial scores given below: Normalized Financial Score (Fn) = 100 x Fmin / Fb Final Evaluation of Bid Proposals will be ranked according to their combined technical (Tb) and financial (Fn) scores using the weights (T = 0.60 the weight given to the Technical Proposal; P = 0.40 the weight given to the Financial Proposal; T + P = 1).

Related to Evaluation of Bid

  • Evaluation Criteria means the criteria set out under the clause 27 (Evaluation Process) of this Part C, which includes the Qualifying Criteria, Functional Criteria and Price and Preferential Points Assessment.

  • Evaluation means an appraisal of an individual’s professional performance in relation to his or her job description and professional standards and based on, when applicable, the individual’s evaluation rubric.

  • Valuation Report means the valuation report or reports for mortgage purposes, in the form of the pro-forma contained in the Standard Documentation, obtained by the Seller from a Valuer in respect of each Mortgaged Property or a valuation report in respect of a valuation made using a methodology which would be acceptable to a reasonable prudent mortgage lender;

  • Solicitation of a romantic relationship means deliberate or repeated acts that can be reasonably interpreted as the solicitation by an educator of a relationship with a student that is romantic in nature. A romantic relationship is often characterized by a strong emotional or sexual attachment and/or patterns of exclusivity, but does not include appropriate educator-student relationships that arise out of legitimate contexts such as familial connections or longtime acquaintance. The following acts, considered in context, may constitute prima facie evidence of the solicitation by an educator of a romantic relationship with a student:

  • Selected Bidder or Successful Bidder means the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of PPA.