L2 definition

L2 means the Bidder who has quoted second lowest price in the Reverse Auction process.
Sample 1Sample 2Sample 3
L2 means the Bidder who has quoted second lowest price in the Reverse Auction process and so on and so forth
Sample 1Sample 2Sample 3
L2 means ‘Phase 2’, ‘L3’ means ‘Phase 3’, ‘∑Li’ means ‘Aggregate (L1+L2+L3)’.
Sample 1Sample 2Sample 3

Examples of L2 in a sentence

  • As soon as possible after the Contract is finalized the Engineer-in-charge and the Contractor shall agree upon a Time and Progress Chart/PERT chart / L2 network before agreement is signed.

  • International Commercial Terms, 2010 (of ICC) "L1, L2 etc" First or second Lowest Offer etc.

  • The earnest money of lowest (L-2) shall be released after submission of performance Bank Guarantee by the successful bidder i.e. L-1.

  • For balance requirement, the L-1 price (landed) shall be counter offered to L-2 Tenderer and after their acceptance L-2 Tenderer shall be booked for their offered capacity.

  • For balance requirement, the L1 price (landed) shall be counter offered to L2 tenderer and after their acceptance L2 tenderer shall be booked for their offered capacity.


More Definitions of L2

L2 means the Bidder who has quoted prices with second lowest TCO in the Online Reverse Auction process.
Sample 1Sample 2
L2. (Technical Support) ● Provide and maintain a knowledge base : Documentation, technical training, support training. The knowledge base is available in the Support Page and in the Partner Portal. ● Remotely assist the troubleshooting of complex Product issues raised through the Partner Portal. ● Investigate and use best efforts to resolve escalated issues with the Products or firmware. ● Develop, review, update, and make available to Partner and its customers firmware for the Products in accordance with the Documentation. Technical Support is provided in: English, French, Dutch, German
Sample 1Sample 2
L2 means the length of building (2) which, for the purposes of the formula, is defined as the length of the portion or portions of any wall or walls of building (2) from which lines drawn perpendicular to the face of such wall or walls will intersect any wall of building (1).
Sample 1
L2. C^;::222:';::;:1;::'::':;::C:C:::::=:::'? ;:;;;.;,=.,. Radiation DosesandRegulatLoirmyits , , , ggo;*2,s;";|je";jIIfeb"@bf$'"7#"T"* . , @ i -i ii @ i tUSNRC
Sample 1
L2. '-4oll"'Q"""'/.;;;;�-:-:�::;__,,.'-----
Sample 1
L2 means the bidder whose price as per the commercial bid is the second lowest.
Sample 1
L2 credit rating organization’ means a person who or company that issues credit ratings”;
Sample 1