Qualified Bids definition
Examples of Qualified Bids 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.
PG&E will select Qualified Bids according to the evaluation criteria described in Section III, Evaluation Criteria.
Following the presentations by Qualified Bidders, the Selection Committee shall review and evaluate the Qualified Bids to select the Shortlisted Bids in accordance with the process in this Section 5.1(b).
In this step evaluations of Techno-Commercially Qualified Bids shall be done based on the “First Round Tariff Bid” quoted by the bidders in the Electronic Form of Financial Bid.
Only Qualified Bids will qualify for consideration at the Auction.