Examples of Lowest Bidder in a sentence

Buyer reserves the right to apportion the quantity among _ bidders in the ratio of starting from Lowest Bidder (L1) and proceeding to Next Higher Bidder and so on subject to their consent to meet the L1’s rates as well as terms and conditions, as negotiated.
The accompanying schedules of (1) Purchases Not Made from the Lowest Bidder, (2) Emergency Purchases and (3) Purchases Made Noncompetitively from a Sole Source are presented in accordance with Section 31-7-115, Miss.
Buyer reserves the right to apportion the quantity among bidders in the ratio of starting from Lowest Bidder (L1) and proceeding to Next Higher Bidder and so on subject to their consent to meet the L1’s rates as well as terms and conditions, as negotiated.
Thereafter, Price Information (Commercial Bid) of the eligible & technically qualified bidders will be opened and Lowest Bidder (L1) will be selected based on the Total Amount quoted in the commercial bid.
The Technical Review Committee will review the Technical Proposal of the Lowest Bidder.

More Definitions of Lowest Bidder

Lowest Bidder means the contractor is selected based on price alone.

Lowest Bidder means the Bidder who is offering the lowest Price.

Lowest Bidder means as defined in Clause 1.2.4. “Project” shall mean as defined in Clause 1.1.1.

Lowest Bidder means the Bidder whose Evaluated Price is the lowest.

Lowest Bidder means the party who submits the least expensive total monetary bid in response to a bid invitation.

Lowest Bidder. He who offers the lowest price (Borromeo v City of Xxxxxx, 00 Phil. Includes not only ﬁnancial ability, but also the skill and capacity necessary to complete the job for which the bidder would become answerable (Id.).

Lowest Bidder i.e. L1 shall mean bidder decided online based on the lowest cost in terms of present value of overall cost.”