Tied Bids definition

Tied Bids means two or more Compliant Bids which score equally after evaluation, or otherwise are equal, and which are the lowest or best Compliant Bids received in accordance with any Supporting Policies and Procedures;
Tied Bids means two or more compliant bids which score equally after evaluation, or otherwise are equal, and which are the lowest or best compliant bids received.
Tied Bids means where two or more bids are received with the same ‘total’ value.

More Definitions of Tied Bids

Tied Bids means two or more compliant Bids for Goods and Services that are equal in all material respects;
Tied Bids means two or more compliant Bids that have obtained the same ranking or price after a competitive procurement process;

Related to Tied Bids

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

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

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

  • Demand Bid means a bid, submitted by a Load Serving Entity in the Day-ahead Energy Market, to purchase energy at its contracted load location, for a specified timeframe and megawatt quantity, that if cleared will result in energy being scheduled at the specified location in the Day-ahead Energy Market and in the physical transfer of energy during the relevant Operating Day.

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