Online bidding definition

Online bidding is a process of bidding in a public auction where registered Online Bidders can bid online from anywhere via a computer, smart phone or any device with internet connection without having to appear in the auction venue.
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Online bidding means an electronic procurement process in which state agencies receive bids from vendors for goods, services, construction, or information services over the Internet or other electronic medium in a real-time, competitive bidding event.
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Online bidding means a process by which bidders submit bids for a contract on a secure website on the Internet or its successor, if any, which is established and maintained for that purpose.
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Examples of Online bidding in a sentence

  • Online bidding will take place at web-site of organization as mentioned hereinabove, and shall be subject to the terms and conditions contained in the tender document.

  • Online bidding is subject to technology faults and issues which are outside the control of the auction company.

  • On-line bidding will be available on the day of the auction at www.tax-sale.info.

  • On-line bidding will be available on the day of the auction at www.tax-sale.info unless otherwise indicated.

  • Online bidding will be utilized via CivCast at https://www.civcastusa.com/bids .

  • All interested vendors, whether already registered or not registered in MCGM, are mandated to get registered with MCGM for e-Tendering process and obtain Login Credentials to participate in the Online bidding process.

  • Tenderers Are Requested To Go Through The E-Tender Guidelines On MCGM Portal (http://mcgm.gov.in).All interested vendors, whether already registered or not registered in MCGM, are mandated to get registered with MCGM for e-Tendering process & get Login Credentials to participate in the Online bidding process on the above-mentioned portal under e-Procurement”.For registration, enrolment for digital signature certificate & user manual, please refer to respective links provided in e-tendering tab.

  • All interested vendors, whether already registered or not registered in MCGM, are mandated to get registered with MCGM for e-Tendering process & get Login Credentials to participate in the Online bidding process on the above-mentioned portal under “e-Procurement” For registration, enrolment for digital signature certificate & user manual, please refer to respective links provided in e-tendering tab.

  • Online bidding will take place at website of organisation as mentioned herein above, and shall be subject to the terms and conditions contained in the tender document.

  • SUBMISSION INSTRUCTIONS‌ Online bidding will be utilized via CivCast at https://www.civcastusa.com/bids.


More Definitions of Online bidding

Online bidding means an electronic procurement process in which institutions receive bids from bidders for goods, services, construction, or information services over the Internet or other electronic medium for a sealed or real-time competitive bidding event.
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Online bidding means an electronic procurement process in which the Authority receives bids from vendors for goods, services, construction, or information services over the Internet in a real-time, competitive bidding event.
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Online bidding means a procurement process in which school districts and charter schools receive vendors’ bids for goods, services, construction or information services electronically over the internet in a real-time, competitive bid- ding event.
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Online bidding means an electronic procurement process in which the Trust receives bids from vendors suppliers for goods, services, construction, or information services over the Internet in a real-time, competitive bidding event.
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Online bidding means the submission of a bid or proposal over the Internet, using a secure environment.
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Related to Online bidding

  • 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;

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

  • 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.

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

  • Eligible Bidder(s) means Bidder(s) who are eligible in terms of this E-Auction Process Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations;

  • Open Competitive Bidding means a fair and transparent specified procedure defined under these Rules, advertised in the prescribed manner, leading to the award of a contract whereby all interested persons, firms, companies or organizations may bid for the contract and includes both National and International Competitive Biddings;

  • 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.

  • Instructions to Bidders means the document which provides interested Bidders with all information needed to prepare their Bids. This document also details out the process for the selection of the Consultant for the work mentioned in this tender document.

  • 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.

  • electronic auction means an iterative process that involves the use of electronic means for the presentation by suppliers of either new prices, or new values for quantifiable non-price elements of the tender related to the evaluation criteria, or both, resulting in a ranking or re-ranking of tenders;

  • Bidding Process means the procurement procedure under which sealed bids are invited, received, opened, examined and evaluated for the purpose of awarding a contract;