Term Bid definition

Term Bid. : means rates based bid for the ad-hoc or repetitive supply of goods, services or construction works, where the individual rates are approved for use over a specified contract period.
Sample 1Sample 2Sample 3
Term Bid means a rates based bid for the supply of goods, services or construction works, which are of an ad-hoc or repetitive nature where the individual rates are approved for use over a predetermined period of time.
Sample 1Sample 2Sample 3

Examples of Term Bid in a sentence

  • Refer to Table 1, “Process - Long Term Bid Lease,” on the following pages.TABLE 1 PROCESS – LONG-TERM BID LEASETABLE 1 PROCESS – LONG-TERM BID LEASE (Continued)*Note - required for development purposes only.

  • Reject Term Bid Group 10-7A product "Asphalt Tack" and "Asphalt Milling", and authorize re-advertisement for bids of same.

  • ThisDay reported a total of 35 stories classified as prominent in the context of the reports of the Obasanjo’s failed Third Term Bid.

  • Management for Productivity, 4ihEdition, New York: John Wiley and Sons.Thomas, C.

  • ORDER acknowledging receipt of the 2023-2024 Annual Term Bid Group 10.7B Slurry Seal, Scrub Seal, Micro-Surfacing received on Wednesday, May 24, 2023 and authorizing the award effective July 1, 2023 through June 30, 2024 with each item tabulated, and the only bid being received from Vance Brothers, Inc., and being the principal and only supplier, as recommended by the Road Manager and Purchase Clerk.

  • ORDER accepting the 2020 - 2021 Annual Term Bid Group 10-7B Asphalt Restorations received on June 18, 2020, and PPRB approved on July 23, 2020, and awarding the lowest and best bids as tabulated by the Purchase Clerk.

  • Line Item EXCAVATION MATERIAL DISPOSALAlternate #3 - Alternate Term Bid with Hard Surface Drop Off Location - Initial term (August 1, 2023 through April 30, 2026) with two (2) one-year renewals.

  • Contract PeriodThree years with option to extend for additional + 1 yearDelivery Period Delivery Term Payment Term Bid Validity90 DaysAnnexure - 11 Tender Strategy for Evaluation of bid Abraj Management had followed the tendering strategy as per the tender procedure which forms part of the Abraj Tender Policies and Procurement (ATPP).

  • Essays were 2 represented by 3%.On the whole Newswatch reported 70 stories; Tell had 67 stories, The Source recorded 66 stories while The News pulled the highest of 83 stories.Table 2: the amount of converge accorded the Third Term Bid byThisDay and The Punch newspapers.

  • Table 6 shows the prominence accorded the issues surrounding the Obasangjo’s Third Term Bid by Newswatch, Tell, The Source and the News magazines.

Related to Term Bid

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term B-1 Loans has the meaning specified in Section 2.01(a)(ii).

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Term A Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Term A Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Term A Loans at such time.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Lender means a Lender with a Term Commitment or an outstanding Term Loan.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Term B Lender means, at any time, any Lender that has a Term B Commitment or a Term B Loan at such time.

  • Term B-2 Loan means the Loan in the amount set forth in Section 2.01(a)(i).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).