Qualified Bid definition

Qualified Bid has the meaning set forth in the Bidding Procedures.
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Qualified Bid means a Bid that is deemed by the Selection Committee to include sufficient information regarding the Bidder’s ability to provide the necessary capabilities to create, implement, and maintain the CAT so that such Bid can be effectively evaluated by the Selection Committee. When evaluating whether a Bid is a Qualified Bid, each member of the Selection Committee shall consider whether the Bid adequately addresses the evaluation factors set forth in the RFP, and apply such weighting and priority to the factors as such member of the Selection Committee deems appropriate in his or her professional judgment. The determination of whether a Bid is a Qualified Bid shall be determined pursuant to the process set forth in Section 5.2.
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Qualified Bid means competing bids that are submitted in accordance with the Bidding Procedures and Bidding Procedures Order.
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Examples of Qualified Bid in a sentence

  • Notification of a Qualified Bid does not constitute an offer to sell by PG&E and PG&E may select Qualified Bids in excess of the number of Bids ultimately executed as part of the Solicitation.

  • A Bid that is deemed unqualified by at least a two-thirds (2/3rds) vote of the Selection Committee shall not be deemed a Qualified Bid and shall be eliminated individually from further consideration.

  • This Agreement executed by Buyer shall constitute a Qualified Bid for all purposes.

  • PG&E and each Participant with a Qualified Bid may execute an Agreement.

  • A Qualified Bid will be valued based upon factors such as the net value provided by such bid and the likelihood and timing of consummating such transaction.


More Definitions of Qualified Bid

Qualified Bid shall have the meaning set forth in Section 5.8(b).
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Qualified Bid shall have the meaning ascribed to such term in the Bidding
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Qualified Bid means a limited or conditional offer that modifies or does not meet some important terms condition or Specification of the Bid invitation, which limitation or condition may constitute grounds to disqualify the Bid.
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Qualified Bid means a bid received from a vendor that is determined by the Purchasing Agent to be sufficiently provided to the price and scope of work requested.
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Qualified Bid means a Binding Bid that satisfies the requirements set out in Section 11. For greater certainty, a Portion Bid may be a Qualified Bid if it forms part of an Aggregate Bid;
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Qualified Bid has the meaning set forth in Section 5.2(e ).
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Qualified Bid means a Qualified Bid as defined in the Sale Motion. This Agreement shall be deemed to be a Qualified Bid.
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