Lowest Responsive Bid definition

Lowest Responsive Bid means the bid that would provide the City with the desired goods, services and construction at the lowest cost, meets all the specifications and contains no major irregularity or qualifications;
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Lowest Responsive Bid means the lowest price submitted which meets the requirements and specifications of as set out in the bid request, minor deviations excepted.
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Lowest Responsive Bid means the lowest bid price submitted that meets the requirements and specifications as set out in the bid request.
Sample 1

Examples of Lowest Responsive Bid in a sentence

  • Prompt Payment discount (discount for prompt payment) will be taken into consideration in determining the Lowest Responsive Bid.

  • Award shall be to the Responsible Bidder that submits the Lowest Responsive Bid Proposal.

  • Prompt Payment discount (discount for prompt payment) will not be taken into consideration in determining the Lowest Responsive Bid.

  • If for any reason, through no fault of the City, the Contract is not executed within thirty (30) days of formal award, the City may withdraw the award and award to the Responsible Bidder that submitted the next Lowest Responsive Bid Proposal, or solicit new Bid Proposals.

  • The City shall award a contract to the Bidder that meets the Minimum Qualifications of this Solicitation whose Bid is the Lowest Responsive Bid.

  • The City shall award a Purchase Order to the Bidder that meets the Minimum Qualifications of this Solicitation whose Bid is the Lowest Responsive Bid.

  • After review, an award recommendation to include but not be limited to the Lowest Responsive Bid, or in a proper circumstance the best Bid or response, and Budgetinformation is prepared for submittal to the Finance and Audit Committee.

  • The Criteria for Financial Evaluation will be Lowest Responsive Bid, i.e., technically qualified bidder who quoted the Lowest Rates Per Item.AWARD OF CONTRACT: All technical proposals will be evaluated on basis of above given evaluation criteria/bidding documents and bidders who do not fulfill above mentioned technical criteria/bidding documents will be considered as technically non responsive bidders and will not be taken into consideration for comparative financial evaluation.

  • Lowest Responsive Bid from Non-Band ContractorBand Contractor Responsive Bidless than $100,00010% of that bid, or $8,000At least $100,000, but less than $200,0008% of that bid, or $12,000At least $200,000, but less than $400,0006% of that bid, or $16,000At least $500,000, but less than $1 million4% of that bid, or $30,000$1 million or more3% of that bid, or $50,000 (b) More Than One Qualified Band Contractor with a Responsive Bid.

  • The City shall award a Purchase Order to the Bidder that meets the Minimum Qualifications of this Solicitation whose Bid is deemed to be the Lowest Responsive Bid.


More Definitions of Lowest Responsive Bid

Lowest Responsive Bid means the bid that would provide the Township of South Dundas with the desired Goods, Services or Construction at the lowest bid price, meets all the specifications and contains no irregularities requiring automatic rejection.
Sample 1

Related to Lowest Responsive Bid

  • Non-responsive Bid means a bid, which is not submitted as per the instructions to the bidders or Earnest Money Deposit has not been attached, or the required data has not been provided with the Bid or intentional errors have been committed in the Bid.

  • Responsive Bid means a Bid that complies with each of the provisions of this RFB, or is either an alternative bid or a bid with an exception, if accepted by the Agency.

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects

  • Lowest responsible bidder means the Bidder submitting Lowest Responsible Bid.

  • Responsive Bidder or Offeror means a person who submits a bid or proposal which conforms in all material respects to the invitation for bids or request for proposals.

  • Base Bid means a Bid for Public Works to be performed or Supplies or Services to be furnished under a City Contract, including additives, alternates, deductives, excluding force accounts, and taxes collected separately pursuant to Washington Administrative Code (“WAC”) 458-20-171.

  • Lowest responsible bidder or vendor means the bidder or vendor: (1) whose response to a request for bids offers the lowest price and is responsive; and (2) who is responsible.

  • Lowest and Best Responsible Bidder means the Bidder submitting the lowest Bid received that is within the range of acceptable bids, that also has the ability to timely perform the Contract bid upon considering such factors as financial resources, skills, quality of materials, past work record, and ability to comply with state, federal, and local requirements, including those set forth in the SBE Regulations.

  • Substantially Responsive Bid means the bid that contains no material differences or deviations from, or reservations to, the terms, conditions and specifications given in the bidding documents;

  • The Bidder means the individual or firm who participates in this tender and submits its bid.

  • Alternative Bid means a response to a bid that does not meet the exact requirements of the specification but offers an alternative for consideration. An alternative bid is submitted with an intentional variation to a provision, specification, term or condition of the solicitation. This alternative, in the opinion of the bidder, achieves the same end result. Alternative bids may be rejected as non-responsive.

  • Prospective bidder means anyone likely or desirous to be a bidder.

  • Competitive Bid means an offer by a Lender to make a Competitive Loan in accordance with Section 2.04.

  • Competitive Bid Accept/Reject Letter means a notification made by the Borrower pursuant to Section 2.03(d) in the form of Exhibit A-4.

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

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • Live birth means the complete expulsion or extraction from its mother of a product of human conception, irrespective of the duration of pregnancy, which after such expulsion or extraction, breathes or shows any other evidence of life such as beating of the heart, pulsation of the umbilical cord, or definite movement of voluntary muscles, whether or not the umbilical cord has been cut or the placenta is attached.

  • Discount Range Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Competitive bidding means a transparent process for procurement of equipment, services and works in which bids are invited by the project developer by open advertisement covering the scope and specifications of the equipment, services and works required for the project, and the terms and conditions of the proposed contract as well as the criteria by which bids shall be evaluated, and shall include domestic competitive bidding and international competitive bidding;

  • Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid incentive or percentage reductions to the bid amount.

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Competitive Bid Quote Request means the notice, in substantially the form of Exhibit C hereto, to be delivered by the Company in accordance with Section 2.03 in requesting Competitive Bid Quotes.

  • Response Date has the meaning assigned to such term in Section 2.22(a).

  • competitive bidding process means a competitive bidding process referred to in paragraph 12 (1) (d) of this Policy;

  • 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.

  • Interconnection Request means a Generation Interconnection Request, a Transmission Interconnection Request and/or an IDR Transfer Agreement.