Acceptable bid definition

Acceptable bid means any bid which, in all respects, complies with the conditions of bid and specifications as set out in the bid documents.
Acceptable bid means any bid which, in all respects, complies with the conditions of bid and specifications as set out in the bid documents, including conditions as specified in the Preferential Procurement Policy Framework Act (Act 5 of 2000) and related legislation as published in Government Gazette number 22549, dated 10 August 2001, in terms of which provision is made for this policy.
Acceptable bid means any bid, which, in all respects, complies with the specifications and conditions of the RFB as set out in this document.

Examples of Acceptable bid in a sentence

  • The Lowest Acceptable Bid will be considered further for placement of contract / Supply Order after complete clarification and price negotiations as decided by the Buyer.


More Definitions of Acceptable bid

Acceptable bid means any bid, which in all respects, complies with conditions of bid and specifications as set out in the bid document, including conditions as specified in the Preferential Procurement Policy Framework Act (Act 5 of 2000) and related regulations.
Acceptable bid means any bid, which in all respects, complies with conditions of bid and specifications as set out in the bid document, including conditions as specified in the Preferential Procurement Regulation (of 2011).
Acceptable bid means any bid which, in all respects, complies with the conditions of bid and specifications
Acceptable bid. - means any bid, which, in all respects, complies with the specifications and conditions of the request for proposal as set out in this document.
Acceptable bid means any bid which, in all respects, compiles with specification and conditions of bid as set out in the bid documents.
Acceptable bid means any bid, which, in all respects, complies with the specifications and conditions of the Request for Bid as set out in this document. “Administrative Requirements” This are inherent requirements of the bid, therefore failure to comply or satisfy any of the requirements shall result in the invalidation of the Bid during administrative compliance stage. “Bid” means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of services or goods. “Bidder Agent” means any person mandated by a prime Bidder or consortium/joint venture to do business for and on behalf of, or to represent in a business transaction, the prime Bidder and thereby acquire rights for the prime Bidder or consortium/joint venture against Department of Health or an organ of state and incur obligations binding the prime Bidder or consortium/joint venture in favour of the Department. “Bidders” means any enterprise, consortium or person, partnership, company, close corporation, firm or any other form of enterprise or person, legal or natural, which has been invited by the Department of Health to submit a bid in response to this bid invitation. “Client” means Government departments, provincial and local administrations that participate in Department of Health procurement processes. “Comparative Price” means the price after deduction or addition of non-firm price factors, unconditional discounts, etc. “Consortium” means several entities joining forces as an umbrella entity to gain a strategic collaborative advantage by combining their expertise, capital, efforts, skills and knowledge for the purpose of executing this bid. “Department” means the Limpopo Department of Health (LDoH) “Disability” means, in respect of a person, a permanent impairment of a physical, intellectual, or sensory function, which results in restricted, or lack of, ability to perform an activity in the manner, or within the range, considered normal for a human being. “Firm Price” means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition or abolition of customs or excise duty and any other duty, levy or tax which, in terms of a law or regulation is binding on the contractor and demonstrably has influence on the price of any supplies or the rendering cost of any service, for the execution of a contract. “Goods” means any work, equipment, machinery, tools, materials or anything of w...
Acceptable bid. - means any bid or quotation which, in all respects, complies with the specification and conditions as set out in the procurement document, upon which a final award will be made;