formal bid definition
formal bid means a sealed bid submission.
formal bid means a take-over bid or issuer bid made in accordance with Part 2 of NI 62-104;
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.
More Definitions of 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 sealed bid submission, whereby the bids are submitted in a sealed envelope to a specified location, by a specified date.
formal bid means the competitive process in which the request for bid for a particular commodity or service is circulated and posted publicly, and received sealed and in writing by a stated deadline.
formal bid means a procedure to solicit bids for items or work costing more than $50,000 which requires a written document officially noticed and distributed as widely as reasonably possible with specific instructions regarding the due date and format for written responses.