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;
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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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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 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.

  • 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.