Reverse auction procedure definition

Reverse auction procedure means:
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Examples of Reverse auction procedure in a sentence

  • In case SBI decides not to go for Reverse auction procedure for this tender enquiry, the price bids and price impacts, if any already submitted and available with SBI shall be opened as per SBI standard practice.11.

  • In case SBI decides not to go for Reverse auction procedure for this tender enquiry, the price bids and price impacts, if any already submitted and available with SBI shall be opened as per SBI standard practice.

  • In case BHEL decides not to go for Reverse auction procedure for this tender enquiry, the price bids and price impacts, if any already submitted and available with BHEL shall be opened as per BHEL standard practice.

  • The Reverse auction procedure is detailed under the heading "Reverse auction", wherever applicable.

  • Reverse auction procedure shall be applicable for 2 part bid tenders only.

  • The Reverse auction procedure is detailed under the heading " Reverse auction".

  • In case BHEL decides not to go for Reverse auction procedure for this tender enquiry, the Price Bids and price impacts, if any already submitted and available with BHEL shall be opened as per BHEL’s standard practice.

  • Reverse auction procedure as defined by Section 2155.062(d), Govt.

  • The Reverse auction procedure is detailed under the heading "Reverse auction".

  • In case KPTL decides not to go for Reverse auction procedure for this tender enquiry, the price bids and price impacts, if any already submitted and available with KPTL shall be considered as per KPTL standard practice.

Related to Reverse auction procedure

  • E-Auction Process /”E-Auction” shall mean the electronic auction process for sale of the Company conducted in accordance with the provisions of IBC, Liquidation Process Regulations, Applicable Law(s) and this E- Auction Process Information Document inviting Bid from the Bidders for consummating the sale of Company on going concern basis in accordance with the provisions of IBC and Liquidation Process Regulations;

  • Auction Procedures means the Auction Procedures that are set forth in Paragraph 10 of the Articles Supplementary.

  • LIBOR Auction means a solicitation of Money Market Quotes setting forth Money Market Margins based on the London Interbank Offered Rate pursuant to Section 2.03.

  • Grievance Procedure is used in this Agreement, it shall be considered as including the arbitration procedure.

  • Random selection process means a process by which currently income-eligible households are selected for placement in affordable housing units such that no preference is given to one applicant over another except for purposes of matching household income and size with an appropriately priced and sized affordable unit (e.g., by lottery).

  • Base Residual Auction means the auction conducted three years prior to the start of the Delivery Year to secure commitments from Capacity Resources as necessary to satisfy any portion of the Unforced Capacity Obligation of the PJM Region not satisfied through Self- Supply.

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Procedure means one or more surgical procedures or medical therapy performed in a Center of Excellence.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Complaints Procedure means the School's procedure for handling complaints from parents, as amended from time to time for legal or other substantive reasons, or in order to assist the proper administration of the School. It does not form part of the contract between you and the School. A copy of the most up-to-date procedure is on the School's website and is otherwise available from the School at any time upon request;

  • Exception Report As defined in the Custodial Agreement.

  • Dispute Resolution Process means the process described in clause 9

  • Variation Procedure means the procedure for carrying out a Variation as set out in Clause 16.1 (Variation Procedure);

  • Dutch Auction means an auction (an “Auction”) conducted by Holdings or one of its Subsidiaries in order to purchase any Term Loans under a Tranche (the “Purchase”) in accordance with the following procedures or such other procedures as may be agreed to between the Administrative Agent and the Borrower:

  • MERS Procedures Manual The MERS Procedures Manual, as it may be amended, supplemented or otherwise modified from time to time.