Shadow Bid definition

Shadow Bid means the schedule for a Flight Attendant who will not be flying all or a portion of the bid for the purpose of calculating pay.
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Shadow Bid means a risk adjusted estimate of a project’s costs and benefits to be developed as if the project were delivered utilizing an Alternative Capital Financing arrangement. It includes the best estimate of full life cycle costs, benefits and risks over the contract term.
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Shadow Bid means the risk adjusted cost estimate to The City if the Project is delivered under a P3 Model(s). This is done through cash flow modeling of the private entity’s financial approach and may consider expected private sector efficiencies in capital, lifecycle, and operating costs, as well as the cost of private financing. It includes the best estimate of full lifecycle costs, benefits and risks over the contract term;
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Examples of Shadow Bid in a sentence

  • Comparing the PSC and Shadow Bid will determine the most advantageous procurement option.

  • The Shadow Bid should cover the same time period and the same scope as the PSC.

  • When evaluating which costs to include in the PSC and Shadow Bid, consideration must be given to whether costs will be incurred within or outside the agreement.

  • Both the PSC and Shadow Bid will be based on a full life cycle cost analysis.

  • Proposed by Councillor Holmes Seconded by Alderman Duddy andAGREED - that Council note the information as detailed in the report and grant approval for the payment of the Evaluation which will enable Officers and the Client Support Team to present the findings of the Shadow Bid Exercise to Council for consideration and decision-making in respect of how the Council chooses to manage the operations of its 6 main Leisure/Sports facilities.

  • Following completion of the Shadow Bid, the Client support team has commenced the Evaluation, with an expectation of Officers delivering a preliminary report to the Project Board on 13 January, followed by a Workshop for Members detailing the Evaluation outcome (23rd January), and finally a report for decision in February Leisure & Development Committee/Full Council March 2020.

  • This Shadow Bid is developed by modelling the project as if it were delivered as a P3.

  • The competitive multi-stage/low price proposal approach eliminates the need for a Shadow Bid at financial submission and evaluation.

  • However, since the same maintenance costs were used for both the PSC and the Shadow Bid alternatives, the lack of support for these costs did not influence the decision to proceed with a P3 form of procurement.

  • Additionally, the Certificate of Incorporation shall contain director and officer liability exculpation and indemnity provisions to the fullest extent permitted under Delaware law applicable to directors and officers serving from and after the Effective Date .


More Definitions of Shadow Bid

Shadow Bid means cost modeling conducted by the OTP3 that gives the projected value and potential for savings achieved by pursuing alternative modes of procurement when compared to PSC.
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Related to Shadow Bid

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

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Submitted Bid has the meaning specified in Section 11.10(d)(i) below.

  • Bona Fide Request (BFR) means the process described in Attachment 08 – Bona Fide Request (BFR).

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Best Bid means the highest posted bid price of the Common Stock.

  • Invitation for Bid means and include the present document, and such other complements and agenda, which may subsequently be issued in this connection.

  • Eligible bidder means a person who is:

  • Base Bid means a Bid for Public Works to be performed or Supplies or Services to be furnished under a City Contract, including additives, alternates, deductives, excluding force accounts, and taxes collected separately pursuant to Washington Administrative Code (“WAC”) 458-20-171.

  • Invitation for Bid (IFB means the solicitation document issued to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Bona Fide Request (BFR) is the process described in the applicable Appendix UNE.

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

  • 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.

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

  • CTS Interface Bid means: (1) in PJM, a unified real-time bid to simultaneously purchase and sell energy on either side of a CTS Enabled Interface in accordance with the procedures of Section 1.13 of Schedule 1 of the Amended and Restated Operating Agreement of PJM, L.L.C.; and (2) in NYISO, a real-time bid provided by an entity engaged in an external transaction at a CTS Enabled Interface, as more fully described in NYISO Services Tariff Section 2.3.

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • Eligible Bidder(s) means Bidder(s) who are eligible in terms of this E-Auction Process Memorandum, provisions of IBC and provisions of the Liquidation Process Regulations;

  • Repurchase Request Recipient As defined in Section 2.03(g).

  • Return Bid has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Request for Proposal (RFP means the solicitation document issued by Purchasing to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Repurchase Request Rejection As defined in Section 2.03(a) of this Agreement.

  • 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.

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • Acceptable bid means any bid which, in all respects, complies with the conditions of bid and specifications as set out in the bid documents.

  • Invitation for bids means all documents, whether attached or incorporated by reference, utilized for soliciting bids.

  • Lowest Evaluated Bid means a bid for goods, works and services having the lowest evaluated cost among the substantially responsive bids