Foreign Bidder definition

Foreign Bidder means any Bidder other than the domestic Bidder;
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Foreign Bidder means a bidder other than a domestic or regional bidder; “foreign supplier” means a supplier other than a domestic or regional supplier;
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Foreign Bidder means a bidder other than a domestic or regional bidder;
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Examples of Foreign Bidder in a sentence

  • Mixed Bidders: “FOR Destination price(including Excise Duty, Sales Tax, freight and transit insurance charges)” for Domestic Bidder and “Landed price (i.e. quoted FOB price plus other loadings as per provisions of NIT to arrive at FOR Destination price) for Foreign Bidder as per the pricing schema given in the particular tender.

  • ICB (International Competitive Bidding)- Only Foreign Bidder: The Price for the Reverse auction should be the CIF Landed price, which should include all the components like FOB charges, ocean / air freight, insurance, landing charges, customs duty etc.

  • 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.

  • LCB ( local Competitive Bidding)- The Price for the Reverse auction would be the FOR Destination price, which should include all the components of Taxes and levies applicable, Freight, Insurance etc as per the pricing schema given in the particular tender.ICB (International Competitive Bidding)- Only Foreign Bidder: The Price for the Reverse auction should be the CIF Landed price, which should include all the components like FOB charges, ocean / air freight, insurance, landing charges, customs duty etc.

  • If the Foreign Bidder who does not have Indian PAN, then the TDS rate would be 20% (plus surcharge and education cess).

  • Presently, the Withholding Tax rate on works (Technical Services as define in Income Tax of India and DTAA with respective country) for Foreign Bidder is 10% (plus surcharge and education cess), provided the bidder is having Indian Permanent Account No. (PAN).

  • The CFR - Cost and Freight Chennai Sea Port, price quoted by the Foreign Bidder shall also include the Agency commission.

  • 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.

  • 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.

  • Foreign Bidder: Supplier to forward ready for shipment (RFS) certificate at least 15 days before delivery of items.


More Definitions of Foreign Bidder

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

  • Foreign Bank means an organization that (i) is organized under the laws of a foreign country, (ii) engages in the business of banking, (iii) is recognized as a bank by the bank supervisory or monetary authority of the country of its organization or principal banking operations, (iv) receives deposits to a substantial extent in the regular course of its business, and (v) has the power to accept demand deposits, but does not include the U.S. branches or agencies of a foreign bank;

  • foreign firm means a business entity owned or controlled by one or more foreign nationals or a business entity in which more than 50 percent of the stock is owned or controlled by one or more foreign nationals.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Partner Jurisdiction Financial Institution means (i) any Financial Institution established in a Partner Jurisdiction, but excluding any branch of such Financial Institution that is located outside the Partner Jurisdiction, and (ii) any branch of a Financial Institution not established in the Partner Jurisdiction, if such branch is located in the Partner Jurisdiction.

  • Foreign Purchaser has the meaning assigned thereto in Section 8(d).

  • Approved Foreign Bank has the meaning specified in the definition of “Cash Equivalents.”

  • Foreign Loan Party means any Loan Party that is not a Domestic Loan Party.

  • domestic consumer means a consumer supplied, or requiring to be

  • foreign vessel means any vessel other than a coastal vessel.

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,

  • foreign investor means a natural person of a third country or an undertaking of a third country, intending to make or having made a foreign direct investment;

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Foreign Antitrust Laws has the meaning set forth in Section 3.03(c).

  • Foreign Air Carrier ’ means a person, not a citizen of the United States, undertaking by any means, directly or indirectly, to provide foreign air transportation.

  • Foreign Official means any officer or employee of a non-U.S. government or any department, agency, or instrumentality thereof, or of a public international organization, or any person acting in an official capacity for or on behalf of any such government or department, agency, or instrumentality, or for or on behalf of any such public international organization.

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Foreign-going vessel means any vessel other than coastal vessel.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.

  • Designated Financial Institution shall have the meaning specified in Section 14.12(a).

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Canadian Investment Manager designation means the designation earned through the Canadian investment manager program prepared and administered by CSI Global Education Inc. and so named on the day this Instrument comes into force, and every program that preceded that program, or succeeded that program, that does not have a significantly reduced scope and content when compared to the scope and content of the first-mentioned program;

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • foreign ship means a ship which—

  • NAIC Approved Bank means a bank that is a bank listed on the most current “List of Qualified U.S. Financial Institutions” approved by the NAIC (the “NAIC Approved Bank List”) (or any branch or related entity of such bank that qualifies as a Qualified U.S. Financial Institution in accordance with the Purposes and Procedures Manual of the NAIC Investment Analysis Office).