Letter Inviting Bid definition

Letter Inviting Bid. (LIB) shall mean EIL’s request to Bidder for a Bid/ Tender together with the Bidding Document on behalf of the Owner.
Sample 1Sample 2Sample 3
Letter Inviting Bid. (LIB) shall mean EIL‟s request to Bidder for a Bid/
Sample 1Sample 2

Examples of Letter Inviting Bid in a sentence

  • The Proposal will be opened on the date and on the time specified in the Letter Inviting Bid or as soon thereafter as convenient.

  • The Proposal shall be opened on the date and at the time, specified in the Letter Inviting Bid.

  • The Proposals shall be submitted on-line before the time limit for bid submission specified in the Letter Inviting Bid.

  • We indicate below our intentions with respect to the Letter Inviting Bid.

  • Any offer incomplete in any particulars is liable to be rejected.1.4 The Proposals shall be submitted on-line before the time limit for bid submission specified in the Letter Inviting Bid.1.5 Supplier shall submit the open authorization on-line with in the time limit specified in the Letter Inviting bid.1.6 The Proposal will be opened on the date and on the time specified in the Letter Inviting Bid or as soon thereafter as convenient.

  • The Proposals shall be submitted on-line in ISRO e-procurement portal before the time limit for bid submission specified in the Letter Inviting Bid.

  • Bidder shall examine the Bidding Document thoroughly in all respect and if any conflict, discrepancy, error or omission is observed, Bidder may request clarification within the cutoff date as specified in Notice Inviting Tender (NIT) / Letter Inviting Bid (LIB) or 6 days prior to the Bid Closing Date.

  • The Original bid, together with required copies must be received by the designated authority on or before the date, time and venue specified in the Letter Inviting Bid.

  • The Proposal will be opened on the date and on the time specified in the Letter Inviting Bid online or as soon thereafter as convenient.

  • Bids must be submitted by the time and date mentioned in the Letter Inviting Bid at the address stated therein.

Related to Letter Inviting Bid

  • Invitation for Bid (IFB means the solicitation document issued to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Invitation for Competitive Bid Quotes means an Invitation for Competitive Bid Quotes substantially in the form of Exhibit 2.2(c).

  • Winning Bid Rate has the meaning specified in Section 11.10(d)(i) below.

  • Bid Application Form means the form as specified in Annexure II of this E-Auction Process Information Document;

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Competitive Bid Note means a promissory note of any Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of such Borrower to such Lender resulting from a Competitive Bid Advance made by such Lender to such Borrower.

  • Notice of Competitive Bid Borrowing has the meaning specified in Section 2.03(a).

  • Competitive Bid Rate means, with respect to any Competitive Bid, the Margin or the Fixed Rate, as applicable, offered by the Lender making such Competitive Bid.

  • Competitive Bid Quote means a response submitted by a Lender to the Administrative Agent or the Borrower, as the case may be with respect to an Invitation for Competitive Bid Quotes in the form attached as Exhibit C-3.

  • Competitive Bid Reduction has the meaning specified in Section 2.01.

  • Invitation for Bid means and include the present document, and such other complements and agenda, which may subsequently be issued in this connection.

  • Request for Quote or “RFQ” means an electronic message disseminated on the SEF Platform for the purposes of soliciting bids or offers for a specific Swap.

  • Request for Quote (RFQ means the solicitation document issued by OA/FMDC to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Competitive Bid Quote Request means a Competitive Bid Quote Request substantially in the form of Exhibit C hereto completed and delivered by the Borrower to the Administrative Agent in accordance with Section 2.3.2.

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Bid Rate Quote means an offer in accordance with Section 2.2.(c) by a Lender to make a Bid Rate Loan with one single specified interest rate.

  • Technical Bid means the bid submitted online through the electronic bidding platform, containing the documents as listed out in Clause 2.5.2 of this RFP;

  • Alternate Bid means multiple Bids with substantive variations from the same Bidder in response to a Solicitation.

  • Solicitation” or "Request for Applications (RFA means the document (including all amendments and attachments) issued by the System Agency under which applications for Program funds were requested, which is incorporated by reference for all purposes in its entirety.

  • Notice Inviting Tender means the notice issued by a SNDB through publication in the newspapers or through electronic means for the purpose of inviting bids, or applications for pre-qualifications, or expression of interests, which may include Tender Notice, Invitation for Bids, Notice for Pre- qualifications or Request for Expression of Interests;

  • Invitation to Bid (ITB means an offer by a vendor to sell a product or service for a specific price that is based on the specifications or scope of the purchaser.

  • Competitive Bid Margin has the meaning set forth in Section 2.03(d).

  • Credit Bid means, an offer submitted by Agent (on behalf of the Lender group), based upon the instruction of the Required Lenders, to acquire the property of any Loan Party or any portion thereof in exchange for and in full and final satisfaction of all or a portion (as determined by Agent, based upon the instruction of the Required Lenders) of the claims and Obligations under this Agreement and other Loan Documents.

  • Quote means a competitively solicited written offer to furnish Supplies or Services by a method of procurement that is less formalized than a Bid or a Proposal. This term may be further defined in the Purchasing Policy Manual.

  • Borrower Solicitation of Discount Range Prepayment Offers means the solicitation by the Borrower of offers for, and the corresponding acceptance by a Term Lender of, a voluntary prepayment of Term Loans at a specified range at a discount to par pursuant to Section 2.09(a)(ii)(C).