Common use of Evaluate Clause in Contracts

Evaluate. The Procuring Entity clarifies with the Bidder/proposer (hereafter the Bidder). The Bidder prepares a justification of their price based on the request from the Procuring Entity. The procuring Entity fully analyzes the Bidder’s justification to verify if it is an Abnormally Low/High Bid. Due diligence may be carried out by the Procuring Entity on the bidder’s documentation. Item No.

Appears in 2 contracts

Sources: Framework Contract, Framework Contract

Evaluate. The Procuring Entity clarifies with the Bidder/proposer (hereafter the Bidder). The Bidder prepares a justification of their price based on the request from the Procuring Entity. The procuring Entity fully analyzes the Bidder’s justification to verify if it is an Abnormally Low/High Bid. Due diligence may be carried out by the Procuring Entity on the bidder’s documentation. Item No.

Appears in 1 contract

Sources: Performance Based Contract