Open Competitive Bidding definition

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;
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Open Competitive Bidding means the offer of prices by individuals or firms competing for a contract, privilege or right to supply specified goods, works, construction or services;
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Open Competitive Bidding means the process by which a Procuring Entity based on previously defined criteria, effect public procurement by offering to every interested bidder, equal simultaneous information and opportunity to offer the works, goods and services needed;
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Examples of Open Competitive Bidding in a sentence

  • Single Stage One Envelop Bidding Procedure of Principal Method of Procurement i.e (Open Competitive Bidding) will be used by adopting Least Cost Based Selection (LCBS) Technique for the subject procurement, in line with the Public Procurement Rules, 2004 and any Regulations, Regulatory Guides, Procurement Guidelines or Instructions issued by the Authority (from time to time).

  • Sr. # Name of ItemBidding shall be conducted through Open Competitive Bidding (Single Stage-Two Envelope) procedures specified in the Punjab Procurement Rules (PPRA 2014, amended to date).

  • Item wise sealed bids from the eligible bidders (General Order Suppliers) for procurement of IT Equipments for Hospital Open Competitive Bidding under rule 6(2) (a) “Single Stage Two Envelope” bidding procedures of Khyber Pakhtunkhwa Public Procurement Regulatory Authority (KPPRA) Rules 2014.

  • The APTS invites bids for Selection of consultant for Investment Promotion and Development of Startups for the IT, Electronics & Communications Department, Government of Andhra Pradesh through an Open Competitive Bidding process in accordance with the procedure set out herein.

  • Generally, several small families constitute one big ‘family’ - clan; a clan is called one jiazu 家 族 , also as ‘zongzugongtongti’.


More Definitions of Open Competitive Bidding

Open Competitive Bidding means the procurement method, conducted in accordance with section 38 of the Act, in which any interested bidder may submit a bid on the basis of the technical specifications and other requirements set forth in the bidding documents;
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Open Competitive Bidding means a fair and transparent specified procedure defined under SPPRA Rules.
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Open Competitive Bidding means the procurement method referred to in section 51;
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Open Competitive Bidding means a fair and transparent specified procedure defined under SPP Rules.
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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 firms, companies or organizations may bid for the contract.
Sample 1
Open Competitive Bidding means the offer of prices by individual or firm competing for contract, privilege or right to supply specific goods, works, construction or services;
Sample 1
Open Competitive Bidding means the offer of prices by individuals or firms
Sample 1