L1 Bidder definition

L1 Bidder or “Selected Bidder” means the Qualified Bidder who is eligible to participate in the reverse auction and has submitted the lowest Final Price Offer at the conclusion of the reverse auction.
L1 Bidder means the Bidder who has fulfilled the Eligibility Criteria in accordance with this IFB and has offered the lowest price for the Project;
L1 Bidder means the shortlisted bidder who quotes the lowest selling price/tariff per commercial unit (kWh) of electricity.

More Definitions of L1 Bidder

L1 Bidder means the Bidder who has fulfilled the Eligibility Criteria in accordance with this IFB and
L1 Bidder or “Selected Bidder” means the technically Qualified Bidder who has submitted the lowest Price Offer in the e-tender process.
L1 Bidder means the shortlisted Bidder who quotes the lowest Tariff per unit (kWh) of electricity per Location.

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