Preferred Bidder Stage definition

Preferred Bidder Stage means the period starting at the date of Ofgem's notice to a Qualifying Bidder that it has been selected as Preferred Bidder and ending at the date of Ofgem's notice to the Preferred Bidder that it has been become the Successful Bidder.
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Preferred Bidder Stage means the period starting at the date of Ofgem's notice of its determination of a Preferred Bidder and ending at the date of Ofgem's notice to the Preferred Bidder has become the Successful Bidder.
Sample 1

Examples of Preferred Bidder Stage in a sentence

  • Agrees to proceed to the Preferred Bidder Stage („PB Stage‟) so the preferred bidder‟s proposal can be refined and optimised, in particular to formalise the structure of the vehicle, finalise legal documents and further develop site and portfolio business plans, as required to establish the HDV; and gives Delegated Authority to the Director of Regeneration, Planning and Development after consultation with the Leader of the Council to agree any further documentation as is required at the PB Stage.

  • At the same meeting, Cabinet agreed to proceed to the Preferred Bidder Stage with Lendlease as its preferred bidder, a decision that was “Called-In” and studied by OSC on 2nd March 2017.

  • To note the outcome of the Preferred Bidder Stage of the Competitive Dialogue Procedure under the Public Contracts Regulations 2015 as outlined in this report;2.

  • In the case of a person claiming property on behalf of an estate, that person must provide the Division with the Tax Identification Number (TIN) of the estate or his/her own Social Security number, and not the Social Security number of the deceased.

  • Preferred Bidder Stage  The Preferred Bidder stage is another stage of the procurement process and does not constitute a contract award decision signalling the conclusion of the competition.

  • Note the outcome of the Preferred Bidder Stage of the Competitive Dialogue Procedure under the Public Contracts Regulations 2015 as outlined in this report.

  • The structure of the model will be fixed, though the Council reserves the right to amend the Financial Model at Preferred Bidder Stage to give effect to the finalisation of the Contracts.

  • These deliverables are based upon the original bid submission and subsequent dialogue during the Preferred Bidder Stage with the Council including the planning department.

  • The key steps in the Preferred Bidder Stage are illustrated below.

  • The outcome of the evaluation of tenders was noted by the Executive Board in November 2011 and authority was given to proceed to the Preferred Bidder Stage, including formally appointing Veolia as the preferred bidder.

Related to Preferred Bidder Stage

  • Preferred Bidder means a bidder that is entitled to receive a reciprocal preference under the requirements of this chapter.

  • Designated Bidder means (a) an Eligible Assignee or (b) a special purpose corporation that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least "Prime-1" (or the then equivalent grade) by Xxxxx'x or "A-1" (or the then equivalent grade) by S&P that, in the case of either clause (a) or (b), (i) is organized under the laws of the United States or any State thereof, (ii) shall have become a party hereto pursuant to Section 8.07(d), (e) and (f) and (iii) is not otherwise a Lender.

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • Interested Bidder means any person or persons who have submitted the Request Letter for Participation along with signed Bid Form, notarized affidavit, signed Declaration, requisite Earnest Money and other necessary documents to complete the eligibility check formalities to the satisfaction of the Liquidator.

  • Selected Bidder or “Successful Bidder” shall mean the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.

  • Qualified Bidder As defined in Section 7.01(c).

  • Successful Bidder(s) means the bidder(s) to whom work in this tender is awarded.

  • Preferred Proponent(s means the Proponent(s) selected by the Evaluation Team to enter into negotiations for a Contract;

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Selected Bidder or Successful Bidder means the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of PPA.

  • Preferred Proponent means the Proponent that is invited into negotiations in accordance with the evaluation process set out in this RFP;

  • Successful Bidder As defined in Section 7.01(c).

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.