Authorization to Bid Clause Samples
The 'Authorization to Bid' clause grants a party, typically an agent or representative, the legal authority to submit bids on behalf of another party in a transaction or procurement process. This clause outlines the scope of the authorization, specifying which projects, contracts, or items the agent is permitted to bid on and may set conditions or limitations, such as maximum bid amounts or required approvals. Its core function is to ensure that only duly authorized individuals can make binding offers, thereby preventing unauthorized commitments and clarifying the chain of responsibility in bidding situations.
Authorization to Bid. The proposal / bid being submitted would be binding on the Bidder. As such, it is necessary that authorized signatory of the firm or organization sign the bid documents. The signatory should be either CEO or authorised by the CEO or the Board of the organization. The Bidder shall provide proof of signature identification for the above purposes as required by ReBIT
i. All pages of the bid shall be initialled by the person or persons signing the bid.
ii. Bid form shall be signed in full & official seal affixed.
iii. Any inter‐lineation, erasure or overwriting shall be valid only if they are initialled by the person or persons signing the Bid.
iv. All such initials shall be supported by a rubber stamp impression / digital signature of the Bidder’s firm.
Authorization to Bid. 14.1 The proposal/ bid being submitted would be binding on the Service provider. As such, it is necessary that authorized personnel of the firm or organization sign the bid documents. The designated personnel should be authorized by a senior official of the organization having authority, duly supported by copy of Board resolution and Power of Attorney.
14.2 All pages of the bid should be initialed by the person or persons signing the bid.
14.3 Any inter-lineation, erasure or overwriting shall be valid only if they are initialed by the person or persons signing the Bid.
14.4 All such initials shall be supported by a rubber stamp impression of the Service provider firm.
Authorization to Bid. The Buyer authorizes the Dealer to bid up to a maximum of $ (the “Maximum Bid Amount”) for the specified vehicle at auction. The Dealer will communicate bid progress and obtain approval before finalizing any successful bids.
Authorization to Bid. 3.10.1 The proposal/ bid being submitted would be binding on the Bidder. As such, it is necessary that authorized personnel of the firm or organization sign the bid documents.
3.10.2 All pages of the bid should be initialled by the person or persons signing the bid.
3.10.3 Any inter‐lineation, erasure or overwriting shall be valid only if they are initialled by the person or persons signing the Bid.
3.10.4 All such initials shall be supported by a rubber stamp impression of the Bidder’s firm.
3.10.5 The proposal must be accompanied with an undertaking letter duly signed by the designated personnel providing a bid commitment. The letter should also indicate the complete name and designation of the designated personnel.