Main Tenderer definition

Main Tenderer means the person / firm specializing in executing the work of component bearing the highest estimated cost in respect to other components in the group and who shall sign the single agreement considering all components in the group.

Examples of Main Tenderer in a sentence

  • Subcontracting, Procurement of materials and employment of labour force It is a requirement of this contract that the Main Tenderer, be it a joint venture or a consortium or a single organization must comply with the following: 1.1 A Northern Cape based Construction Company, Joint Venture or Consortium need not Subcontract.

  • The CCT reserves the right to appoint the Main Tenderer only, or not to appoint any tenderers at all.

  • The Main Tenderer will carry out the allocated work and the Standby will only be appointed if the Main tenderer defaults during the contract or fail to render the service due to capacity/resource constraints or any other justifiable reasons the is to be accepted by the City of Cape Town.

  • Suppliers, once appointed, the goods and/or services will also be procured from the Standby Tenderer if the Main Tenderer does not comply with the specified Performance Level Agreement.

  • It is the intention of the City to award Schedule A of this tender to a Main Tenderer and Stand-By Tenderer.

  • All goods and/or services will always firstly be procured from the Main Tenderer.

  • The City cannot guarantee work to the Standby Tenderer CCT reserves the right to appoint the Main Tenderer only or not to appoint any tenderers at all.

  • The CCT reserves the right to appoint a single tenderer per Area, the highest ranked responsive tenderer as the Main Tenderer and an Alternative tenderer, per AREA, the 2nd ranked responsive tenderer.

  • The CCT intends to appoint 1 tenderer as the Main Tenderer (the highest ranked responsive tenderer) and in addition appoint 1 tenderer as the Standby tenderer.

  • The Alternate Tenderer cannot be a supplier to the Main Tenderer.

Related to Main Tenderer

  • The Tenderer means the individual or firm supplying the Goods under this Contract.

  • open tendering means a procurement method whereby all interested suppliers may submit a tender;

  • Open Tenders means the tenders invited in open and public manner and with adequate notice.

  • Bidder/Tenderer means the interested Firm/ Company that may provide or provides related goods / services to any of the public/ private sector organization under the contract and have registered for the relevant business thereof.

  • e-Tender means Bids / Quotation / Tender received from a Firm / Tenderer / Bidder online.

  • Successful Tenderer means the Tenderer declared technically and financially successful for the Project and with whom, the Contract Agreement shall be signed.

  • Legal tender means a medium of exchange, including specie, that is authorized by the United States Constitution or Congress for the payment of debts, public charges, taxes and dues.

  • Bid/Tender means the Techno Commercial and the Price Bid submitted by the Bidder along with all documents/credentials/attachments, formats, etc., in response to this Bid Document, in accordance with the terms and conditions hereof.

  • U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts.

  • Bidder/Tenderer means the interested Firm/Company/Supplier/Distributors that may provide or provides the general order items etc. and related services to any of the public/private sector organization under the contract and have registered for the relevant business thereof.

  • Optional Tender means any tender of VRDP Shares by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, other than a Mandatory Tender, for Remarketing or, in the event (i) no Remarketing occurs on or before the Purchase Date, or (ii) pursuant to an attempted Remarketing VRDP Shares remain unsold and the Remarketing Agent does not purchase for its own account the unsold VRDP Shares tendered to the Tender and Paying Agent for Remarketing (provided that the Remarketing Agent may seek to sell such VRDP Shares in a subsequent Remarketing prior to the Purchase Date), for purchase by the Liquidity Provider pursuant to Section 1 of Part II of this Statement and the VRDP Purchase Agreement.

  • Approved tenderer means the tenderer who is approved by the Employer.

  • Invitation to Tender or "ITT" means the Invitation to Tender issued by the Authority on 14/11/2012;

  • Issuer's Call Date means the day as defined in §4(2).

  • Subsidiary REMIC As described in the Preliminary Statement.

  • Hostile Tender Offer means, with respect to the use of proceeds of any Note, any offer to purchase, or any purchase of, shares of capital stock of any corporation or equity interests in any other entity, or securities convertible into or representing the beneficial ownership of, or rights to acquire, any such shares or equity interests, if such shares, equity interests, securities or rights are of a class which is publicly traded on any securities exchange or in any over-the-counter market, other than purchases of such shares, equity interests, securities or rights representing less than 5% of the equity interests or beneficial ownership of such corporation or other entity for portfolio investment purposes, and such offer or purchase has not been duly approved by the board of directors of such corporation or the equivalent governing body of such other entity prior to the date on which the Company makes the Request for Purchase of such Note.

  • casual taxable person means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in the taxable territory where he has no fixed place of business;

  • body in which the relevant person has a beneficial interest means a firm in which the relevant person is a partner or a body corporate of which the relevant person is a director, or in the securities of which the relevant person has a beneficial interest;

  • money remittance means a payment service where funds are received from a payer, without any payment accounts being created in the name of the payer or the payee, for the sole purpose of transferring a corresponding amount to a payee or to another payment service provider acting on behalf of the payee, and/or where such funds are received on behalf of and made available to the payee;

  • Qualifying Subsidiary means any Subsidiary of the Company that (i) is not the Issuer or an Initial Guarantor, and (ii) at the relevant time of determination, is not a Joint Venture Company, a Project Company, a Local Operating Company, a Bidding Company or a Holding Vehicle.

  • Special Equity Interest means any Equity Interest that is subject to a Lien in favor of creditors of the issuer of such Equity Interest provided that (a) such Lien was created to secure Indebtedness owing by such issuer to such creditors, (b) such Indebtedness was (i) in existence at the time the Obligors acquired such Equity Interest, (ii) incurred or assumed by such issuer substantially contemporaneously with such acquisition or (iii) already subject to a Lien granted to such creditors and (c) unless such Equity Interest is not intended to be included in the Collateral, the documentation creating or governing such Lien does not prohibit the inclusion of such Equity Interest in the Collateral.

  • Qualifying Affiliate Guarantee means a Qualifying Guarantee provided by a Reference Entity in respect of an Underlying Obligation of a Downstream Affiliate of that Reference Entity.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).