Two Envelope System definition

Two Envelope System means an optional bid process whereby the bid is submitted in two envelopes, the information considered necessary for a compliant bid in one, and all other information in another. The second envelope is only opened if the first envelope shows the bid is compliant. A variation on this approach is to have all required information in one envelope and the price in the second. Again, price is only opened after the contents of the first are verified as appropriate.
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Two Envelope System means the procurement method used in the Request for
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Two Envelope System means the system of evaluating submissions set out in regulation 23; and
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Related to Two Envelope System

  • E-System means any electronic system approved by Agent, including Intralinks® and ClearPar® and any other Internet or extranet-based site, whether such electronic system is owned, operated or hosted by Agent, any of its Related Persons or any other Person, providing for access to data protected by passcodes or other security system.

  • Sewage system means the entire sewage treatment and subsurface disposal system;

  • DocuSign Envelope ID C6DC418D-7DF1-4A5E-A860-D737F80DFF6E

  • Levee system means a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices.

  • Drainage system means one or more artificial ditches, tile drains or similar devices which collect surface runoff or groundwater and convey it to a point of discharge.