lowest acceptable tender definition

lowest acceptable tender means a tender that complies with all specifications and conditions of tender and that has lowest price compared to other tenders;
lowest acceptable tender means the tender that complies with all specifications and conditions of the tender and that has the lowest price compared to other tenders
lowest acceptable tender means a tender that complies with all specifications

More Definitions of lowest acceptable tender

lowest acceptable tender means a tender that complies with all specifications and conditions of tender and that has lowest price compared to other tenders; “price” means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;

Related to lowest acceptable tender

  • Acceptable Use Policy means the policy located at xxxx://xxx.xxxxxx.xxx/aup (and any successor or related locations designated by us), as it may be updated by us from time to time.

  • Local Exchange Routing Guide (LERG means the iconectiv Reference document used by Telecommunications Carriers to identify NPA-NXX routing and homing information as well as Network element and equipment designations.

  • Non-Reporting Financial Institution means any Financial Institution that is:

  • Accepted Contract Amount means the amount accepted in the Letter of Acceptance for the execution and completion of the Works and the remedying of any defects.