L1 definition
L1 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.
L1 means the lowest technically accepted tender / bid / quotation (i.e. lowest landed cost including duties, taxes and freight & Insurance).
Examples of L1 in a sentence
Exhibit F.1.1 Typical Single-Line Protection Requirements Transmission System HV Line L1 *** F HVI H RT / TT ** Transformer winding configuration will A87 T1 determine type of ground protection B87 *X F Load NOTES: * System security may dictate two transformer differential Drawing does not indicate customer protections protections.
L-1 EXHIBIT M-1 Payment Schedule..........................................................................................
L.1 The Hospital shall provide bulletin boards for the use of the Association that are located in the hallway outside of the cafeteria.
More Definitions of L1
L1 means the Tenderer whose tender is the lowest;
L1 means the lowest tender or lowest bid received in response to this tender.
L1 bid means the lowest tender or lowest bid or 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. MDL reserves right to negotiate with evaluated L1 bidders on the quoted prices as the need be.
L1 means the lowest tender or lowest bid or the lowest quotation received in this tender, bidding process or other procurement solicitation as adjudged in the evaluation processas per the tender or other procurement solicitation . f) 'Margin of purchase preference ' means the maximum extent to which the price quoted by a local supplier may be above the L1 for the purpose of purchase preference.
L1 means the bidder whose tender is the lowest.
L1 means the lowest tender or lowest bid or lowest quotation received ina tender, bidding process or other procurement solicitation, as adjudgedin the evaluation process as per the tender or other procurementsolicitation.