Informal Bid definition

Informal Bid means a quotation made under small purchase procedures, pursuant to HRS Chapter 103D-305 or a quotation made under emergency purchase procedures, pursuant to HRS Chapter 103D-307.
Informal Bid means a quotation made under small purchase procedures, pursuant to HRS Section 103D-305 or a quotation made under emergency purchase procedures, pursuant to HRS Section 103D-307.
Informal Bid means a procedure for soliciting cost quotes /bids either in writing or orally for items or work costing more than $10,000 up to $50,000 with written documentation of the informal bid results.

Examples of Informal Bid in a sentence

  • SUBMITTED BY: Company Name Pursuant to and in accordance with the above stated Invitation for Informal Bid, the undersigned hereby declares that they have examined the IFIB documents and specifications for the item(s) listed below.

  • The amount shall be entered on the Informal Bid Proposal Form, where the appropriate description has been provided.

  • 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 Informal Bid.

  • Bids are to be submitted on Informal Bid Proposal Form, herewith provided.

  • Bids must be received by the New Jersey Department of Transportation (NJDOT) before the closing date and time, as stated on the Informal Bid Proposal Form.


More Definitions of Informal Bid

Informal Bid means either a written or oral quotation not requiring a public opening at a specific time and date. Written evidence of oral quotations shall be maintained by the Commission.
Informal Bid means a written or oral quotation obtained from an approved vendor but not required to be opened publicly at a specified day, place and time.
Informal Bid means small purchase construction estimated at less than $25,000, procured by telephone quotations or written bids, and awarded by purchase order.
Informal Bid means a bid which is not disqualified under Section 6.1 of Document 1, Instructions to Bidders, but which contains minor irregularities, discrepancies, errors or omissions or any other similar defects.
Informal Bid means a competitive bid, price quotation, or proposal for supplies or services that is conveyed by a letter, fax, email, or other manner that does not require a formal sealed bid or proposal, public opening, or other formalities.
Informal Bid means a competitive selection process to obtain bids from vendors for the goods to be purchased. Bids may be obtained by telephone, e-mail, or other means of communication.
Informal Bid means a quotation made under small purchase procedures or a quotation made under emergency purchase procedures.