formal bid definition

formal bid means a take-over bid or issuer bid made in accordance with Part 2 of NI 62-104;

formal bid means a sealed bid submission.

formal bid means a bid submitted in response to and in accordance with a formal Invitation to Bid. It shall bear the manual signature of the vendor’s authorized representative.

Examples of formal bid in a sentence

A person or entity who seeks or applies for a city contract or any other person acting on behalf of such person or entity, is prohibited from contacting city officials and employees regarding such a contract after a Formal Bid, Request for Proposal (RFP), Request for Qualification (RFQ) or other solicitation has been released.
Vendors may be required to participate in Codeof Ethics trainings.1.2 PROHIBITED CONTACTS DURING CONTRACT SOLICITATION PERIOD A person or entity who seeks or applies for a city contract or any other person acting on behalf of such person or entity, is prohibited from contacting city officials and employees regarding such a contract after a Formal Bid, Request for Proposal (RFP), Request for Qualification (RFQ) or other solicitation has been released.
No answers given in response to questions submitted will be binding upon this solicitation unless released in writing as an addendum to the solicitation and posted on the Lake County Formal Bid site for this solicitation.
In order for a bid to be considered, it shall be based on the terms, conditions and specifications contained herein and shall be a complete response to this Formal Bid.
In Compliance with Section 4.7.4 of the City Purchasing Policy Manual, the requesting department may require the prequalification of vendors for the Formal Bid.

formal bid means a procedure to solicit bids for items or work costing more than

formal bid means a formal take-over bid or a formal issuer bid; (“offre formelle”)

formal bid means a formal sealed response received as a part of a competitive bid.

formal bid means a written quotation obtained in a sealed envelope from an approved vendor or through advertisement and opened at a specific day, place and time.

formal bid means a process by which sealed bids are received and opened at a specified time in response to a solicitation for a well-defined commodity or service. Award is made to the responsible bidder whose bid is the lowest price and responsive to the specifications and other solicitation requirements.

formal bid means a sealed bid submission, whereby the bids are submitted in a sealed envelope to a specified location, by a specified date.

formal bid means a bid that must be forwarded in a sealed envelope or other means, in conformance with the format prescribed in the solicitation, to be publicly opened and read at a specified time. See "Sealed Bid."