BASE BID Sample Clauses

The "Base Bid" clause defines the initial amount of money proposed by a contractor to complete the specified scope of work in a contract, excluding any optional or additional items. In practice, this clause establishes the baseline price for the main project, against which any alternate bids or change orders are compared. By clearly identifying the core cost of the project, the Base Bid clause ensures transparency in pricing and provides a reference point for evaluating adjustments or additions to the contract.
BASE BID. The sum stated in the Bid to perform the Work, exclusive of any Alternate(s).
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BASE BID. The Base Bid is the price quoted for the Work before Alternates are considered.
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BASE BID. Total of all Unit Prices From Bid Summary Form (BS-1): ($ ) (use words) (use numbers) Unit Prices have been computed in accordance with paragraph 11.03.B of the General Conditions As provided in paragraph 11.9 of the General Conditions estimated quantities are not guaranteed, and determinations of actual quantities and classifications are to be made by the ENGINEER as provided in paragraph 9.10 of the General Conditions.
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BASE BID. Base bid shall be a total cost for the three (3) year term of this contract which reflects all services as described in these Detailed Specifications.
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BASE BID. All labor, materials, services and equipment necessary for the completion of all of the Work shown in the attached plans, specifications and other Contract Documents, except for that work called for in the Additive Bid Items (if any):
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BASE BID. Client shall pay the Abatement Contractor for the performance of the Contract Work the Contract Sum of: Eighteen Thousand Seven Hundred and Ninety-Nine Dollars ($18,799.00). *A $500 non-refundable DEP notification fee (included in above price) will be incurred for job cancellation. **Any unforeseen work above the specified amount listed will be communicated with the owner for change order and remediation approval.
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BASE BID. Provide costs for all labor, materials, and equipment to complete the project in strict accordance with the Specifications and/or Drawings LINN LAUNCH HILLSIDE LAUNCH Pier Installation: $ $ Off-Seasonal Pier Repairs: $ $ Pier Removal: $ $
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BASE BID. The Bidder shall state in the blank space provided on the Bid Form, in both figures and words, the total price for the work to be performed under this Contract. A conditional or qualified Bid will not be accepted.
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BASE BID. Monetary value stated in the Bid Pro- posal form as the sum for which the bidder offers to perform the Work described in the Bidding Documents, exclusive of adjustments for Supplemental Bids.
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Related to BASE BID

  • E-Bidders who have deposited the 10% deposit of the reserve price of the subject property, they intended to bid for (“the property”) shall fulfil other conditions as per the Conditions of Sales and will receive notification from the Auctioneer as “Registered E-Bidders”.

  • THE BIDDING 6.1 Each new bid shall not be less than the immediately preceding bid. 6.2 All increments in the bids shall be not less than the incremental amount as fixed by the Auctioneer at the Auction Sale. 6.3 The Auctioneer shall have the right to refuse any bid. 6.4 A bid once made shall not be withdrawn. 6.5 If any dispute should arise as to any bidding, the Property shall at the option of the Auctioneer be put up again for sale at the last undisputed bidding price and the Auctioneer shall at the Auction Sale decide on the dispute and such decision by Auctioneer shall be final. 6.6 Subject to the Reserve Price, the highest bidder for the Property at the Auction Sale shall be declared by the Auctioneer to be the purchaser (`the Purchaser’). 6.7 Each bid will be called for 3 times, “First Calling, “Second Calling”, “Final Call”. Bidders may submit their bid at any of these stages of biddings. 6.8 When the system display “No more bids”, no further bids will be accepted by the Auctioneer, whether on-site or through the Auctioneer’s website. 6.9 The bidder with the highest bid shall be declared as successful bidder upon the fall of hammer. No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date. For online bidders please refer to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ for the manner of payment of the same.

  • NON-COLLUSIVE BIDDING CERTIFICATION In accordance with Section 139-d of the State Finance Law, if this contract was awarded based upon the submission of bids, Contractor affirms, under penalty of perjury, that its bid was arrived at independently and without collusion aimed at restricting competition. Contractor further affirms that, at the time Contractor submitted its bid, an authorized and responsible person executed and delivered to the State a non-collusive bidding certification on Contractor's behalf.

  • Competitive Bidding 3.5.2.1 Bidding Documents shall consist of bidding requirements and proposed Contract Documents.

  • Acceptance of Competitive Bids Not later than 12:00 p.m. (x) on the requested date of any Bid Borrowing that is to consist of Absolute Rate Loans, and (y) three Business Days prior to the requested date of any Bid Borrowing that is to consist of Eurocurrency Margin Bid Loans, the Company shall notify the Administrative Agent of its acceptance or rejection of the offers notified to it pursuant to Section 2.03(d). The Company shall be under no obligation to accept any Competitive Bid and may choose to reject all Competitive Bids. In the case of acceptance, such notice shall specify the aggregate principal amount of Competitive Bids for each Interest Period that is accepted. The Company may accept any Competitive Bid in whole or in part; provided that: (i) the aggregate principal amount of each Bid Borrowing may not exceed the applicable amount set forth in the related Bid Request; (ii) the principal amount of each Bid Loan must be $5,000,000 or a whole multiple of $1,000,000 in excess thereof; (iii) the acceptance of offers may be made only on the basis of ascending Absolute Rates or Eurocurrency Bid Margins within each Interest Period; and (iv) the Company may not accept any offer regarding which the Administrative Agent has notified the Company that such offer is either (a) of the type described in Section 2.03(c)(iii) or (b) otherwise fails to comply with the requirements hereof.