Highest Responsible Bidder definition

Highest Responsible Bidder means the Bidder that submits the Bid with the highest Purchase Price and is deemed financially and technically responsible by the Township.
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Highest Responsible Bidder means the Bidder submitting the Highest Responsible Bid.
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Highest Responsible Bidder means the bidder submitting the bid containing the highest aggregate rent for the term of the Lease Agreement based upon the bids submitted and determined to be responsible by the governing body and to whom the award of the Contract is made.
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Examples of Highest Responsible Bidder in a sentence

  • When a bid received has been determined to be satisfactory, a Contract will be awarded, or Purchase Order issued to the Highest Responsible Bidder within the time designated in the Contract Documents.

  • If the public referendum passes in November, the Township anticipates that it will execute the Agreement of Sale with the Highest Responsible Bidder.

  • In the event that the Township determines to move forward with the sale following review and receipt of the Bids, the Township will select the Highest Responsible Bidder and will finalize the terms of the Agreement of Sale.

  • The form of the Bid Bond which must be submitted is included in Appendix C.The Bid Bonds submitted by the Bidders shall be returned within 10 business days after execution of the Agreement of Sale by and between the Township and the Highest Responsible Bidder.

  • If the referendum passes in November, the Township intends to execute the Agreement of Sale with the Highest Responsible Bidder.

  • Once an Agreement of Sale has been finalized with the Highest Responsible Bidder, the Township intends to introduce an Ordinance authorizing the execution of the Agreement of Sale and submission of a public question to the County Clerk to be placed on the General Election ballot in November 2019.

  • Such Bid Bond shall provide that if the Bid is accepted and the Bidder is determined to be the Highest Responsible Bidder, then prior to the expiration or termination of said Bond, the Highest Responsible Bidder will enter into an Agreement of Sale with the Township, or if the Highest Responsible Bidder shall fail to do so, said surety will pay to the Township the full amount of the Bid Bond.

  • In the event that the City decides to move forward with the Highest Responsible Bidder, a public referendum will be conducted in accordance with N.J.S.A 40:62-3 et seq.By way of background, the City is simultaneously seeking to sell the Systems pursuant to a different procurement process authorized by State law (the Water Infrastructure Protection Act (“WIPA”)), which process does not require a referendum unless a petition is filed within a certain timeframe.

  • The Highest Responsible Bidder shall be the Bidder that (1) conforms to the requirements of this RFB, (2) satisfies the Minimum Requirements set forth in Section 4.1.1., below; and (3) provides the highest Purchase Price.

  • If the public referendum passes in November, the City anticipates that it will execute the Agreement of Sale with the Highest Responsible Bidder.

Related to Highest Responsible Bidder

  • Lowest responsible bidder means the Bidder submitting Lowest Responsible Bid.

  • Lowest responsible bidder or vendor means the bidder or vendor: (1) whose response to a request for bids offers the lowest price and is responsive; and (2) who is responsible.

  • Responsible Bidder means a Bidder that has the capability in all respects to perform the requirements of the Contract. In determining whether a Bidder is a Responsible Bidder, the Agency may consider various factors including, but not limited to, the Bidder’s competence and qualifications to provide the goods or services requested, the Bidder’s integrity and reliability, the past performance of the Bidder relative to the quality of the goods or services offered by the Bidder and the best interest of the Agency and the State.

  • Lowest and Best Responsible Bidder means the Bidder submitting the lowest Bid received that is within the range of acceptable bids, that also has the ability to timely perform the Contract bid upon considering such factors as financial resources, skills, quality of materials, past work record, and ability to comply with state, federal, and local requirements, including those set forth in the SBE Regulations.

  • Responsive and Responsible Bidder means an entity or individual that has submitted a bid that conforms in all material respects to the Invitation to Bid and has the capability in all respects to fully perform the contract requirements and the integrity and reliability that will assure good faith performance. “Responsive and Responsible Vendor” means an entity or individual that has submitted a proposal, reply, or response that conforms in all material respects to the Request for Proposals, Invitation to Negotiate, or Competitive Solicitation and has the capability in all respects to fully perform the contract requirements and the integrity and reliability that will assure good faith performance. In determining whether an entity or individual is a Responsive and Responsible Bidder (or Vendor), the District may consider, in addition to factors described in the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, the following:

  • Responsible bidder or offeror means a person who at the time of Contract Award has the capability to perform the Contract requirements and the integrity and reliability which will assure good faith performance.

  • Non-responsive Bid means a bid, which is not submitted as per the instructions to the bidders or Earnest Money Deposit has not been attached, or the required data has not been provided with the Bid or intentional errors have been committed in the Bid.

  • Responsible Respondent means a Respondent that has the capability in all material respects to perform the scope of work and specifications of the Contract. In determining whether a Respondent is a Responsible Respondent, the Agency may consider various factors including, but not limited to, the Respondent’s competence and qualifications to provide the goods or services requested, the Respondent’s integrity and reliability, the past performance of the Respondent and the best interest of the Agency and the State.

  • Responsible Vendor means a vendor with adequate financial resources (or the ability to obtain such resources), who can comply with the delivery requirements, and who is a qualified and established firm regularly engaged in the type of business that provides the goods and/or services herein.

  • Responsible Contractor means a Contractor that has the capability in all material respects to perform the specifications of the Contract. In determining whether a Contractor is a Responsible Contractor, the Agency may consider various factors including, but not limited to, the Contractor’s competence and qualifications to provide the goods or services requested, the Contractor’s integrity and reliability, the past performance of the Contractor and the best interest of the Agency and the State.

  • Responsible agency means a public agency, which proposes to carry out or approve a project, for which [a] Lead Agency is preparing or has prepared an EIR or Negative Declaration. For the purposes of CEQA, the term “responsible agency” includes all public agencies other than the Lead Agency, which have discretionary approval power over the project. (Section 15381)

  • responsible Minister , in relation to a scheme, means the Minister to whom the administration of the relevant scheme Act is for the time being committed by the Governor;

  • Responsible adult means a parent, guardian or other adult specifically authorized by law or authorized by a parent or guardian to have custody or control of a minor.

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

  • Procurement item means an item of personal property, a technology, a service, or a construction project.

  • Responsible Company means, with respect to any Tax Return, the Company having responsibility for preparing and filing such Tax Return under this Agreement.

  • Responsible charge means direct control and personal supervision of engineering or surveying work.

  • Sustainability Report the annual non-financial disclosure report prepared in accordance with the Standard for Sustainability Reporting publicly reported by the Borrowers and published on an Internet or intranet website to which each Bank and the Administrative Agent have been granted access free of charge (or at the expense of the Borrowers).

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • Responsible Offeror means an Offeror who submits a responsive proposal and who has furnished, when required, information and data to prove that his financial resources, production or service facilities, personnel, service reputation and experience are adequate to make satisfactory delivery of the services, or items of tangible personal property described in the proposal.

  • Substantially Responsive Bid means the bid that contains no material differences or deviations from, or reservations to, the terms, conditions and specifications given in the bidding documents;

  • Own risk and solvency assessment means a confidential internal assessment, appropriate to the nature, scale, and complexity of an insurer or insurance group, conducted by that insurer or insurance group of the material and relevant risks associated with the insurer or insurance group's current business plan, and the sufficiency of capital resources to support those risks.

  • Responsive Bid means a Bid that complies with each of the provisions of this RFB, or is either an alternative bid or a bid with an exception, if accepted by the Agency.

  • Responsible Parties means all Retailers and Customers, including Transmission Load Customers, Distribution Load Customers, DG Customers, MG Customers or agents of the foregoing;

  • Collection Report means the monthly report prepared by the Primary Servicer setting forth, with respect to each Mortgage Loan and the most recently ended Collection Period prior to the due date of such report, the information described on Exhibit G attached hereto.

  • Project Management Report means each report prepared in accordance with Section 4.02 of this Agreement;