Foreign Bidder definition

Foreign Bidder means any Bidder other than the domestic Bidder;

Foreign Bidder means a bidder other than a domestic or regional bidder;

Foreign Bidder means a bidder other than a domestic or regional bidder; “foreign supplier” means a supplier other than a domestic or regional supplier;

Examples of Foreign Bidder in a sentence

• For Foreign Bidder: Foreign bidders are required to quote both on CIF/CIP (destination) and FCA/FOB (Gateway) basis.

• Foreign Bidder: The Seller may be required to furnish a Performance cum Warranty Bond by way of Bank Guarantee (BG) from Seller’s Bank through an internationally recognized first class bank, in favour of The Director (Lab Name), (Place), for a sum to 3% of the Contract value.

• Preferred delivery for Foreign Bidder has to be as per FOB delivery at port of loading and for Indian Bidder as delivery on ex-works basis.

• For Foreign Bidder: Transit Insurance @0.11% of FOB/FCA price shall be taken for calculating assessable value for working of the custom duty.

• Foreign Bidder: The Seller may be required to furnish a Performance cum Warranty Bond by way of Bank Guarantee (BG) from Seller’s Bank through an internationally recognized first class bank, in favour of The Director (Lab Name), (Place), for a sum to 10% of the Contract value.

• Foreign Bidder refers to a citizen of a foreign country or an entity where Filipino ownership or interest is less than sixty percent (60%) who is engaged in the manufacture or sale of the merchandise or performance of the general services covered by his bid, as per Appendix 9 – Guidelines in the Determination of Eligibility of Foreign Suppliers, Contractors, and Consultants to Participate in Government Procurement Projects, of the 2016 Revised Implementing Rules and Regulations of Rep.

• Foreign Bidder directly submitting bid (not through their Indian Agent or Indian Counterpart or Indian subsidy) in the currency other than INR.

• In case of Foreign Bidder, the same shall be from reputed commercial bank of the bidder’s country acceptable to IREL(India)Limited/ Reserve Bank of India which has to be confirmed by State Bank of India including its subsidiaries or any Nationalized Bank in India.

• Further, in case a Foreign Bidder is selected as the successful bidder, it shall comply with all the laws and provisions related to Foreign Direct Investment in India.

• Foreign Bidder may submit the Integrity Pact on its company's Letter Head, duly signed by the person(s) signing the bid.

More Definitions of Foreign Bidder

Foreign Bidder means the bidders registered outside India and their operations shall be outside India.

Foreign Bidder means a person participating in a public procurement or asset disposal activity and whose principal operations are not registered or based in Botswana;