H1 Bidder definition

H1 Bidder or “Selected Bidder” means the Qualified Bidder who is eligible to participate in the Forward auction and has submitted the highest Final Price Offer at the conclusion of the Forward auction.
Sample 1Sample 2
H1 Bidder means the bidder who have quoted the highest price
Sample 1
H1 Bidder means the bidder who has quoted the highest price.
Sample 1

Examples of H1 Bidder in a sentence

  • The Bidder with the highest price bid in IPO stage will be called the H1 Bidder.

  • Drop dead fee will not be a criterion in determining the H1 Bidder.

  • The H1 Bidder shall submit 50% of the Advance Premium Amount (1st Installment) to WBMDTCL for 1st year within 15 working days from the date of issuance of Notice to the H1 bidder and the rest 50% shall be paid before signing of the agreement.

  • Floor rate per cft for auction : Rs 1 per cft SlNo.Payment DetailsForm of paymentAmount of PaymentTimeline of Payment1.Advance Premium Amount for 1st year ( rate quoted by H1 bidder * 1 year production capacityestimated)Online paymentRs.3x 1crore cft = Rs 3 croreWithin 7 days of issue of Notice to H1 Bidder .

  • Such interest amount will be considered to be reasonable pre-estimate of the damages that BSNL will suffer on account of late payment by the H-1 Bidder.

  • However, it will not be binding on the BSNL to sell the Said Land Parcel to the H-1 Bidder.

  • In the event of non- acceptance of H-1 bid, EMD without interest shall be returned to the H-1 Bidder by MSTC.

  • No interest shall be claimed by the H1 Bidder on refund of security deposit.

  • The Applicant who submits the highest Bid shall be declared H1 Bidder.

  • If the H1 Bidder fails to make the payment of 10% security deposit, the pre- bid EMD shall be forfeited and sent to SCCL.

Related to H1 Bidder

  • Tenderer/Bidder means any persons, partnership firm or company submitting a sum or sums in the Bills of Quantities in accordance with the Instructions to Tenderers, Conditions of Contract Parts I and II, Specifications, Drawings and Bills of Quantities for the work contemplated, acting directly or through a legally appointed representative.

  • The Bidder means the individual or firm who participates in this tender and submits its bid.

  • Qualified Bidder As defined in Section 7.01(c).

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • Designated Bidder means (a) an Eligible Assignee or (b) a special purpose corporation that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least "Prime-1" (or the then equivalent grade) by Xxxxx'x or "A-1" (or the then equivalent grade) by S&P that, in the case of either clause (a) or (b), (i) is organized under the laws of the United States or any State thereof, (ii) shall have become a party hereto pursuant to Section 8.07(d), (e) and (f) and (iii) is not otherwise a Lender.

  • Selected Bidder or “Successful Bidder” shall mean the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.

  • Selected Bidder or Successful Bidder means the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of PPA.

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • Successful Bidder As defined in Section 7.01(c).

  • Successful Bidder(s) means the bidder(s) to whom work in this tender is awarded.

  • Bidder means the legal entity which submits a Bid for consideration by City in accordance with the Invitation For Bid.

  • Eligible bidder means a person who is:

  • Preferred Bidder means a bidder that is entitled to receive a reciprocal preference under the requirements of this chapter.

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Interested Bidder means any person or persons who have submitted the Request Letter for Participation along with signed Bid Form, notarized affidavit, signed Declaration, requisite Earnest Money and other necessary documents to complete the eligibility check formalities to the satisfaction of the Liquidator.

  • Eligible Bidder(s) means Bidder(s) who are eligible in terms of this E-Auction Process Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations;

  • Resident bidder means a bidder that has paid unemployment taxes or income taxes in this state during the 12 calendar months immediately preceding submission of the bid, has a business address in this state and has stated in the bid whether the bidder is a “resident bidder” under this paragraph.

  • Technical Bid means the bid submitted online through the electronic bidding platform, containing the documents as listed out in Clause 2.5.2 of this RFP;

  • Responsive Bidder or Offeror means a person who submits a bid or proposal which conforms in all material respects to the invitation for bids or request for proposals.

  • Base Bid means a Bid for Public Works to be performed or Supplies or Services to be furnished under a City Contract, including additives, alternates, deductives, excluding force accounts, and taxes collected separately pursuant to Washington Administrative Code (“WAC”) 458-20-171.