Identical bids definition

Identical bids means bids for the same line item that are determined to be identical as to unit price or total line item amount, with or without the application of evaluation factors (e.g., discount or transportation cost).
Sample 1Sample 2Sample 3
Identical bids means bids for the same item of property having the same total price.
Sample 1Sample 2Sample 3
Identical bids means two or more bids received for the same line item of an invitation for bids issued under for­ mal advertising procedures which:
Sample 1Sample 2

Examples of Identical bids in a sentence

  • If two or more Bidders submit Identical bids as to price, the decision of the County to award a contract to one of such Bidders shall be final.

  • As used in this subpart- Identical bids means bids for the same line item that are determined to be identical as to unit price or total line item amount, with or without the application of evaluation factors (e.g., discount or transportation cost).

  • Identical bids received, if any, shall be resolved in accordance with Texas Local Government Code § 271.901.

  • How- ever, if the prospective owner-occupant purchaser has submitted the only ac- ceptable bid on another property, then that bid must be accepted and all other bids from that purchaser on any other properties will be eliminated from con- sideration.(j) Identical bids.

  • Currently, more than 60% of housing units in Electoral Area “G” were built before 1980.

  • Identical bids are flagged for information in case they are a result of an input error.

  • Identical bids of $7117.30 were received from Welch Scientific Company and Van Waters & Rogers.

  • Identical bids may be reported to the Justice Department, in conformance to the President's Executive Order No. 10936, 26 F.R. 3555 (1961), and to local or state investigative bodies.

  • The European Central Bank contributes to the national euro information campaign by organising an exhibition on the features of euro banknotes and other public relations events, delivering publications and providing support for the mass media campaign with TV spots, newspaper, outdoor and digital advertisement.

  • When it is considered impractical to prepare initially a purchase description to support an award based on price, an IFB may be issued requesting the submission of unpriced offers, which may include a separate sealed price proposal, or may be followed by an IFB limited to those bidders whose offers have been determined to be technically acceptable under the criteria set forth in the first solicitation.(k) Identical bids.

Related to Identical bids

  • Existing Revolver Tranche has the meaning set forth in Section 2.16(b).

  • New Revolving Loans as defined in Section 2.25.

  • New Revolving Commitments has the meaning assigned to such term in Section 2.04.

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Existing Revolving Credit Class shall have the meaning provided in Section 2.14(g)(ii).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Total Utilization of Revolving Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing Issuing Bank for any amount drawn under any Letter of Credit, but not yet so applied), (ii) the aggregate principal amount of all outstanding Swing Line Loans, and (iii) the Letter of Credit Usage.

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).