Examples of NCB in a sentence
Bidding of NCB contracts estimated at (i) $500,000 or more for Goods and related services, and (ii) $1,000,000 or more for Works shall be advertised concurrently with the general procurement notices on ADB’s website.
If evidence of NCB is not received within the required period, the policy may be cancelled, or you may be required to pay the difference in premium (not allowing the NCB discount).
Your insurance will be arranged allowing a discount on the amount of NCB which you have declared to us and which has been earned by you on a previous policy and which will be used on the insurance we have arranged for you.
You will be required to supply suitable & acceptable evidence of NCB from your previous insurer (within the timescale stipulated, usually within 21 days).