Examples of Initial Price Offer in a sentence
The Bidder, on clicking this button, will be directed to a screen having a template where it can fill up its Initial Price Offer and click on the Final Submission button.
Only such Bids will be opened for which Initial Price Offer has been submitted.
The email will only state that the recipient of the email has been qualified for the second round of auction and the Floor Price (highest Initial Price Offer) for the second round of auction.
The Bidder can edit such data as many times as it wishes.After saving the Technical Bid, the link / button for Initial Price Offer shall get activated.
Files which are not attached to any mine(s) shall not be considered for evaluation.The Bidder should also note that a Bid will be considered as submitted if and only if the Bidder has submitted the Initial Price Offer.
It is further clarified that saving of Technical Bid without saving of the Initial Price Offer will be treated as non-submission of bid.Upon successful submission of Initial Price Offer, the Bidder shall receive a bid acknowledgement from the system automatically.The Bidders may note that the Technical Bid and the Initial Price Offer submitted online as above will be encrypted by the MSTC’s own software before storage in the database.
After saving the Technical Bid, the link/ button for Initial Price Offer shall get activated.
The Bidder should also note that a Bid will be considered as submitted if and only if the Bidder has submitted the Initial Price Offer.
This will be done to protect the sanctity and confidentiality of the Bids before the actual opening of the same.The Bidder has an option to edit Technical Bid and initial price offer as many times as it wishes till the final submissionModification / Withdrawal of BidIf after submission of Initial Price Offer and before the scheduled closing time for Bid submission a Bidder wishes to make changes in its Bid, it can do so by clicking the “Delete Bid” option.
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