Examples of Lowest Evaluated Bid in a sentence
We understand that you are not bound to accept the Lowest Evaluated Bid or any other Bid that you may receive.
We understand that you are not bound to accept the Lowest Evaluated Bid or any other Bid that you may receive.Name: In the capacity of: Signed: Duly authorized to sign the Bid for and on behalf of: Date: Form of Contract Agreement THIS AGREEMENT, made this [insert date] day of [insert month], [insert year] between [name and address of PROCURING ENTITY] (hereinafter called the“Entity”) and [name and address of Contractor] (hereinafter called the “Contractor”).
If the Lowest Evaluated Bid from Group A, in such further comparison is the lowest, it shall be selected for the award.
If the Bidder with the Lowest Evaluated Bid does not accept the correction of errors, the bid shall be rejected.
If a prequalification process was undertaken for the Contract(s) for which these Bidding Documents were issued, the Purchaser will determine in the manner described above that no material changes have occurred after the prequalification that negatively affect the ability of the Bidder that has submitted the Lowest Evaluated Bid to perform the Contract.