Examples of Selected Bid in a sentence
A Shared Clean Energy Facility for a Selected Bid shall have three (3) calendar years from the date of PURA approval of the Tariff award to receive an In-Service Date from the EDC.
A Shared Clean Energy Facility for a Selected Bid approved by PURA to receive Tariff payments will be eligible for compensation for energy and RECs produced as defined herein and Delivered to the appropriate EDC at the approved Tariff Rate(s) for a twenty- (20-) year term commencing on the first day of the month following the In-Service Date.
The award will be made by the Owner on the basis of the BID (Base Bid + Owner Selected Bid Alternates) from the lowest, responsive, responsible BIDDER which, in the Owner’s sole and absolute judgment will best serve the interest of the Owner.
Each Selected Bid will have its own Tariff Terms Agreement based on its accepted Purchase Price(s) as approved by PURA.
If the Selected Bid is approved by the Board, the Board shall recommend to the Corporation’s stockholders that such holders approve the Selected Bid and adopt the definitive agreement for the Selected Bid, as applicable, in accordance with applicable law, and shall direct that the Selected Bid and the definitive agreement for the Selected Bid, as applicable, be submitted to the Corporation’s stockholders for adoption.