L 1 definition

L 1 means the lowest tender or lowest bid or the lowest quotation received in a tender, bidding process or other procurement solicitation as adjudged in the evaluation process as per the tender or other procurement solicitation.
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L 1 means Bidder with lowest quote for the Services under the Tender.
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L 1. Employment” means all personal service performed for remuneration by an individual under any contract of hire, express or implied, written or oral, including service in interstate commerce, and service as an officer of a corporation.
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Examples of L 1 in a sentence

  • In case L- 1 bidder is an enterprises other than MSEs then order for 20% of the tendered quantities shall be placed on MSEs firm whose price is within 15% of the L- 1 price and subject to their acceptance of L- 1 price.

  • If L1 gives affidavit that he is going to supply the floated qty within stipulated period then no matching rate with L 2.2. If L1 does not give affidavit regarding supply of floated Qty within stipulated period then lowest rate offered by L 1 will be treated as contract rate and L 2 will be allowed to reduce the rates to match rates offered by L1 for that particular item.

  • Purchase preference shall be applicable for the 20% of the tendered quantities only provided L-1 bidder is not MSE and the MSEs accept the L- 1 price.

  • In case more than one MSEs participates in tender and their prices are within 15% of L- 1 bidder price who is not a MSEs and one of the MSEs is owned by SC or ST than 4% tendered quantities or say 20% of the 20% tendered quantity shall be procured from MSEs owned by SC or ST entrepreneurs subject to their acceptance of L-1 price besides distribution guideline laid above.

  • If the bidder withdrawing his bid is other than L 1, the tender process shall go on.ii).


More Definitions of L 1

L 1. Service Agreements "L-2" - List of Leased Personal Property BXXX OF SALE, ASSIGNMENT AND ASSUMPTION (National City Center; Cleveland, Ohio) FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, the undersigned, CARLYLE/NATIONAL CITY ASSOCIATES, an Illinois general partnership ("SELLER"), hereby sells, transfers, assigns and conveys to BRE/CITY CENTER, LLC, a Delaware limited liability company ("BUYER"), the following:
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L 1 means L-1 Identity Solutions, Inc.
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L 1 shall have the meaning set forth in the recitals hereof.
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L 1. Transit corridor” means a geographically bound set of two or more contiguous subway, light rail, bus rapid transit, or bus transit stations.
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L 1. >iIC:""">C .. ~c:.::. J'2.r":.U2.!:Y 30r 1989 Er. J G.rr~e s .H." c-:0 0 r 2 .. Xxxxxxx," ~oore, J'e~xxx & Eeine~ 3727 CG.cill~c Xxxx!: Euilding Det=oitr ~I 48225 C~2.=te!: Tc~nship 0= Cc~~e!:ce -~nc- Ch2.rte!: Dear. E=. r:oore:
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L 1. Genetic information” means information about the presence of any gene, chromosome, protein, or certain metabolites that indicate or confirm that an individual or an
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L 1. Dated: December 16, 2005
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