Common use of Bid Capacity Clause in Contracts

Bid Capacity. The JV shall satisfy the requirement of “Bid Capacity” requirement mentioned at para 10.3 above. The arithmetic sum of individual “Bid capacity” of all the members shall be taken as JV’s “Bid capacity” to satisfy this requirement.

Appears in 2 contracts

Sources: Instructions to Tenderers (Itt), Tender Instructions

Bid Capacity. The JV shall satisfy the requirement of “Bid Capacity” requirement mentioned at para 10.3 3.6 above. The arithmetic sum of individual “Bid capacity” of all the members shall be taken as JV’s “Bid capacity” to satisfy this requirement.

Appears in 1 contract

Sources: Contract Agreement of Works