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 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 two or more compliant Bids for Goods and Services that are equal in all material respects;

Examples of Tied Bids in a sentence

  • The only exception would be in the case of a tied bid, as described below.3) Tied Bids – In the case of an exact tie, if one of the tied bidders is a New Hampshire business and the other(s) are from another state, then the tie will be automatically decided in favor of the in- State bidder.

  • The only exception to this principle is in the case of a tied bid, as described below.3) Tied Bids – In the case of an exact tie, if one of the tied bidders is a New Hampshire business and the other(s) are from another state, then the tie will be automatically decided in favor of the in- State bidder.

  • Tied Bids and PreferencesAn award shall be determined by a drawing when responses are received that are equal in all respects and tied in price.

  • The effect of the adoption of these standards, amendments and interpretations was not material to the Group’s results or financial position.

  • Collusion amongst Tied Bidders, is strictly prohibited and if Tied Bidders are found to be acting with vested motives, detrimental to the Interests of TCPD- GoUK, then TCPD- GoUK reserves the right to cancel/ oust any specific or all Tied Bids of Various Bidders for the said Cluster.

  • Action when Tied Bids ReceivedAll things being equal, and two or more low Bids have been received in the same amount, the names of the tied Bidders shall be placed in a container and the Bid to be recommended to Council for award shall be drawn by the Clerk, in the presence of the Reeve or Council.

  • Tied Bids If the project has tied bids (see Chapter 17), indicate the approval date.

  • Approvals are generally for one fiscal year but may be granted for a longer term, not to exceed five years.Category I activities count toward the faculty member’s time threshold for outside professional activities (see APM - 671-8-b, Appendix C, and School Implementing Procedures for definition of time limits), and earned income counts toward the earnings approval threshold (see APM - 671-8-c and School Implementing Procedures for definition of the earnings approval threshold).

  • Tied Bids and Veteran’s Preference IAC 11-117.12(4)‌ Whenever a tie involves an Iowa vendor and a vendor outside the state of Iowa, the Iowa vendor will receive preference.


More Definitions of Tied Bids

Tied Bids means two or more compliant Bids that have obtained the same ranking or price after a competitive procurement process;
Tied Bids means where two or more bids are received with the same ‘total’ value.

Related to Tied Bids

  • Selected Bidder or “Successful Bidder” shall mean the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.

  • Tenderer/Bidder means the firm or Company (hereinafter called Tenderer/ Bidder) who duly submits the tender after accepting all the terms & conditions of the tender document.