Bid की परिभाषा

Bid means and include offer and quotation. 2.13 "PERFORMANCE TEST" shall mean all operational checks and tests required to determine the performance parameters including inter-alia capacity, efficiency and operating characteristics of the Stores as specified in the Contract. 2.14 "ACCEPTANCE” shall mean and deemed to include one or more of the following as stipulated in the tender: a) the written acceptance of stores by the Inspector at Contractor's works to ship the materials; b) acceptance of the stores at Purchaser's Site Stores after its receipt and due inspection and release of Material Receipt Voucher. Where the scope of the Contract is only supply, the acceptance should be completed within 75 (seventy five) days from the date of receipt of Stores at Purchaser's Site subject to Contractor meeting the requirements stipulated in the Contract. c) Where the scope of the Contract includes supply, erection and commissioning, acceptance shall mean issue of necessary Material Receipt Voucher after commissioning and final acceptance of Equipment, Machinery and Instrument etc. which should be completed within 75 (seventy five) days from the date of commissioning of the Stores at Purchaser's Site subject to Contractor meeting the requirements stipulated in the Contract. 3

Bid or “Offer” means the written reply or submission of response to this RfP by a bidder. j. “Consultant” or “Consulting Agency” or “Bidder” or “Seller” means the respondent to the RfP document. k. ‘Local currency’ means the Indian Rupees; l. “Member”, in case the Consulting Agency consist of a joint venture of more than one entity, means any of these entities, and “Members” means all of these entities; m. “Party’ means the SIDBI or the Consulting Agency, as the case may be, and Parties means both of them; n. “Personnel” means persons hired by the Consulting Agency as Employees and assigned to the performance of the Services or any part thereof; and ‘key personnel’ means the personnel referred to in Clause 8.4.2 (a). o. "Services" and/or “Deliverables” means the work to be performed by the Consulting Agency pursuant to his/her contract, as described in Appendix A hereto. The scope of work will be strictly as given in various Clauses in TOR. The approach and methodology to be adopted by the Consulting Agency for carrying out the assignment may be modified depending after mutual discussions with SIDBI. The work plan as indicated by the Consulting Agency may also get modified accordingly. p. “Vendor” or “Shortlisted Bidder” is one who is found eligible as per eligibility criteria set out in this RfP, whose technical Bid has been accepted and who has emerged as successful bidder as per the selection criteria set out in the RfP and to whom notification of award / / notification of selection of technical evaluation / LoI / Purchase Order has been given by the Bank. q. “Order value” means value of purchase order placed by the Bank on the bidder/selected bidder under this project for the full and proper performance of its contractual obligations; r. "Third Party" means any person or entity other than the SIDBI and the Consulting Agency 8.1.2.

Bid may be interchangeably referred to as ‘Offer’. 19.2.6 ‘BFSI’ implies Scheduled commercial banks in public or private sector / All India FIs / Insurance Companies will be considered under BFSI. 19.2.7 “The Contract” means the agreement entered into between the Bank, represented by its Head Office / Regional Offices / other offices of the Bank and the Vendor/Bidder/Supplier, as recorded in the Contract Form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein; 19.2.8 “Agency”, “Firm”, “Company”, “Bidder” “vendor” means any entity or person or associations of person (constitution of association of person may be in the form of any legal entity like partnership, public / private limited company, LLP, HUF, etc.,) who have been identified to submit their proposal for providing services under this Contract. 19.3

Examples of Bid in a sentence

• The placement of Commercial Bid in Pre- qualification / Technical Bid covers will make bid liable for rejection.

• Non-refundable Bid Price of Rs.1,180/- (Rupees One Thousand One Hundred and Eighty only inclusive of GST) by way of Banker’s Cheque/ Demand Draft/ Pay Order drawn on a scheduled bank, favouring ‘Small Industries Development Bank of India’, payable at Chennai must be submitted separately along with RFP response.

• The Bank's determination of a Bid's responsiveness is to be based on the contents of the Bid itself, without recourse to extrinsic evidence.

• For purposes of these Clauses, a substantially responsive Bid is one, which conforms to all the terms and conditions of the Bidding Document without material deviations.

• Sealing and Marking 7.17.1. The Bid shall be typed or written in indelible ink, all pages numbered and shall be signed by the Bidder representative on whose favour Power of Attorney is issued to bind the Bidder to the Contract.

• Failure to furnish all information required by the Bidding Document or to submit a Bid not substantially responsive to the Bidding Document in every respect will be at the Bidder's risk and may result in the rejection of its Bid.

• Envelope # Bid Contents No. of Copies Label of Envelope 2 Technical Bid Technical Bid as per Xxxxxxxx - XXX.

• Deviations from or objections or reservations to critical provisions, such as those concerning Bid security, performance security, qualification criteria, insurance, Force Majeure etc will be deemed to be a material deviation.

• The Commercial Bid should contain the total cost of all services, comprising of all line items as mentioned in the Commercial bid of RfP.

• The bid prepared by the Bidders as well as all correspondence and documents relating to the Bid exchanged by the Bidder and the Bank and supporting documents and printed literature shall be written in English.

More Definitions of Bid

Bid means the written reply or submission of response to this RFP. 8.1.4. “RFP”, “Tender”, “RfP”, “Bid document’ means the ‘Request for Proposal document. 8.1.5. “The Contract” means the agreement entered into between the Bank, represented by its Head Office / MSME Development Centre / Regional Offices and the Supplier, as recorded in the Contract Form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein; 8.1.6. “Vendor/Service Provider/ISP/Selected bidder” is the successful Bidder found eligible as per eligibility criteria set out in this RFP, whose technical Bid has been accepted and who has emerged as shortlisted bidder as per the selection criteria set out in the RFP and to whom notification of award has been given by the Bank. 8.1.7. “Services” means all services, scope of work and deliverables to be provided by a Bidder as described in the RFP and include provision of technical assistance, training, certifications, auditing and other obligation of Service Provider covered under this RFP. 8.1.8. Last mile means the physical connectivity i.e. L-1 media from the service provider POP to the Bank’s DC/ DR boundary device where the devices are being managed by the ISP. 8.1.9. “The Contract Price” means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations; 8.1.10. “The Goods” means all of the equipment, machinery, software, and/or other materials which the Supplier is required to supply to the Bank under the Contract; 8.1.11. “The Services” means those services ancillary to the supply of the Goods, such as transportation and insurance, and any other incidental services, such as installation, commissioning, provision of technical assistance, training, maintenance contract and other such obligations of the Supplier covered under the Purchase Contract; 8.1.12. “The Project Site” means DC, Mumbai, DR Site, Chennai or any other location of Small industries Development Bank of India. 8.2.

Bid may be referred to as ‘Offer’. 11.1.5. “The Contract” means the agreement entered into between the Bank, represented by its Head Office / MSME Development Centre / Regional Offices and the Supplier, as recorded in the Contract Form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein; 11.1.6. “The Contract Price” means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations; 11.1.7. “The Goods” means all of the equipment, machinery, software, and/or other materials which the Supplier is required to supply to the Bank under the Contract; 11.1.8. “The Services” means those services ancillary to the supply of the Goods, such as transportation and insurance, and any other incidental services, such as installation, commissioning, provision of technical assistance, training, maintenance contract and other such obligations of the Supplier covered under the Purchase Contract; 11.1.9. “The Project Site” means DC, Mumbai, DR Site – Chennai, Mumbai Office or any other location of Small industries Development Bank of India. 11.2.