Tie bid definition

Tie bid means that the lowest responsive bids of responsible bidders are identical in price.
Tie bid means that the lowest responsive bids of responsible bidders are
Tie bid means that the lowest responsive and responsible bids are

Examples of Tie bid in a sentence

  • Tie Bid Policy: Onsite Simulcast bids prevail over online preliminary bids of equal amount.

  • Contractors must complete the Identical Tie Bid / Drug Free Workplace form (Attachment C) provided and return it with their bid.


More Definitions of Tie bid

Tie bid means that the lowest responsive bids of responsible bidders are identical in price. In the event of tie bids, the contract shall be awarded to the procurement item offered by a Utah resident bidder, provided the bidder indicated on the bid form that it is a Utah resident. If none of the tie bids was from an identified Utah resident bidder, the preferred method to resolve the tie shall be for the President of the Board of Education or another designee of the Board to toss a coin before at least three witnesses, with the bidder first in alphabetical order being “heads.” As deemed appropriate by the Procurement Officer or Board of Education or its designee, the Procurement Officer may resolve a tie bid in accordance with one of the following methods: (1) awarding the bid to the tie bidder who (a) is a provider of state products, if no other tie bidder is a provider of state products, or (b) is closest to the point of delivery, or (c) received the previous award, or (d) will provide the earliest delivery date; or (2) by drawing lots.
Tie bid means a low and best responsive bid from a responsive bidder that is identical price to a responsive bid from another responsive bidder.
Tie bid means that the lowest responsive and responsible bids are identical in price.
Tie bid means that the lowest responsive bids of responsible bidders are identical in price. In the event of tie bids, the District shall resolve the tie in a fair manner, as determined in writing by the Procurement Official. The preferred method for resolving a tie shall be for the Procurement Official to toss a coin in the presence of a minimum of three witnesses, with the bidder first in alphabetical order being designated as “heads” for the coin toss. However, if only one of the tie bids was submitted by a Utah resident bidder (as indicated on the invitation to bid form), the contract shall be awarded to the Utah resident bidder.
Tie bid means that the lowest responsive bids of responsible bidders are identical in price. In the event of tie bids, the District shall resolve the tie in a fair manner, as determined in writing by the Procurement Official.
Tie bid means that the lowest responsive and responsible bids are identical in price. Subject to any rules issued by the Procurement Policy Board, the Procurement Officer shall resolve a tie bid in accordance with a method selected by the Procurement Officer, which may include any of the following: (1) awarding the bid to the to the tie bidder who (a) is a provider of state products, if no other tie bidder is a responsive provider of state products, or (b) is closest to the point of delivery, or (c) received the previous award, or (d) will provide the earliest delivery date; or (2) by drawing lots; or (3) by any other reasonable method of resolving a tie bid. The method chosen by the procurement officer to resolve a tie bid shall be at the sole discretion of the procurement officer, subject to any rules by the Procurement Policy Board.
Tie bid means that the lowest responsive bids of responsible bidders are 1050 identical in price. 1051 (92) "Time and materials contract" means a contract under which the contractor is paid: 1052 (a) the actual cost of direct labor at specified hourly rates; 1053 (b) the actual cost of materials and equipment usage; and 1054 (c) an additional amount, expressly described in the contract, to cover overhead and 1055 profit, that is not based on a percentage of the cost to the contractor. 1056 (93) "Transitional costs": 1057 (a) means the costs of changing: 1058 (i) from an existing provider of a procurement item to another provider of that 1059 procurement item; or 1060 (ii) from an existing type of procurement item to another type; 1061 (b) includes: 1062 (i) training costs; 1063 (ii) conversion costs; 1064 (iii) compatibility costs; 1065 (iv) costs associated with system downtime; 1066 (v) disruption of service costs; 1067 (vi) staff time necessary to implement the change; 1068 (vii) installation costs; and 1069 (viii) ancillary software, hardware, equipment, or construction costs; and 1070 (c) does not include: 1071 (i) the costs of preparing for or engaging in a procurement process; or 1072 (ii) contract negotiation or drafting costs. 1073 (94) "Vendor": 1074 (a) means a person who is seeking to enter into a contract with a procurement unit to 1075 provide a procurement item; and 1076 (b) includes: 1077 (i) a bidder; 1078 (ii) an offeror; 1079 (iii) an approved vendor;