Lead Bidder definition

Lead Bidder means the member of consortium which shall act as the sole interface with the Purchaser on behalf of the consortium, contractually and for other interactions, and who shall be responsible for successful execution of the project including support and maintenance activities if any for / after the entire agreement period and in accordance with any surviving provisions thereof. The lead bidder should have relevant and demonstrable experience in Biometric Enrollment projects.

Lead Bidder means the partners of a Consortium, which shall be answerable and accountable to the Government of Mizoram and shall interface with the Government on behalf of Consortium, for the successful execution of the project for the entire agreement period.

Lead Bidder means the member of a consortium who is responsible for the 51 percentage (51%) share of works amongst all the members of that consortium, as calculated by ascribing a monetary value to each of the members’ share of works; where the sum of all the monetary values assigned to each member’s share of works should not exceed the Total Project Value.

Examples of Lead Bidder in a sentence

• All biding documents to be duly attested (signed and stamped) by the authorized person of bidder or Lead Bidder.

• The bid shall be typed and shall be signed by the Bidder or Lead Bidder (in case of tender with the permission of alliance/ Joint venture for the bidding of complete package i.e. more than one equipment in a single tender) or a person or persons duly authorized to bind the Bidder to the Contract.

• It is expressly agreed by the Members that all the due payments shall be made by the Owner to Lead Bidder only.

• The inner envelopes shall also indicate the name and address of the Bidder / Lead Bidder to enable the bid to be returned unopened in case it is declared as non-responsive or late.

• In case of Bidder bidding by forming a Consortium, Lead Bidder to submit the details of each member firm of Consortium.

More Definitions of Lead Bidder

Lead Bidder means the member of the consortium who will be responsible for successful implementation of the contract/project. TSRTC will correspond/communicate only with the “Lead Bidder”. The Lead Bidder shall give an undertaking for successful completion of the project. In case of any issues, Lead bidder shall be responsible for all the penalties/compensation.

Lead Bidder means The Community Preservation Corporation, a New York corporation.

Lead Bidder means that out of consortium members, one of the consortium member shall be solely & wholly responsible for meeting the contractual obligations of this TENDER. Lead bidder in turn will have suitable agreements with its members.

Lead Bidder means the company which will take the lead in the management of the JV affairs.

Lead Bidder. – means the Bidder itself if it is a single firm, or the member of the Bidder if it is a consortium established during the prequalification process, who has been duly authorized by the other members of the consortium to submit the Proposal and act on behalf of the consortium until selection of the Successful Bidder and establishment of the Project Company.

Lead Bidder means a bidder who (i) has entered into a contract with Seller prior to the Auction for the purchase of all or any portion of the Business or the Transferred Assets, and (ii) is entitled to a break-up fee in the event Seller terminates such contract.

Lead Bidder means the member of consortium who will be the sole interface with CSC e‐Governance Services India Ltd. on behalf of the consortium, contractually and for other interactions, and will be responsible for successful execution of the project for the entire agreement period. The lead bidder should mandatorily have relevant and demonstrable experience in data digitization projects.