Alternate Bid definition

Alternate Bid means multiple Bids with substantive variations from the same Bidder in response to a Solicitation.

Alternate Bid. (or “Alternate”) means an amount stated in the Bid to be added to or deducted from the amount of the base Bid if the corresponding change in the work, as described in the Bidding Documents, is accepted.

Alternate Bid means an amount stated in the Bid as set forth in the supplementary bid forms, to be added to or deducted from the Total Base Bid, if the corresponding substitution or change in the Work, materials or other items as described in the Bid Documents, is accepted by Owner.

Examples of Alternate Bid in a sentence

• Any desired changes must be proposed on a separate, "Alternate Bid" page.

• An Alternate Bid (or Alternate) is an amount stated in the Bid to be added to or deducted from the amount of the Base Bid if the corresponding change in the Work, as described in the Bidding Documents, is accepted.

• If Vendor is submitting an Alternate Bid for this IFB, Vendor shall follow specific instructions for uploading Alternate Bid to its response in the Sourcing Tool.Both the principal bid and the alternate bid must be for a specific set of goods and must include specific pricing.

• If the Bid Proposal requires Bidders to propose prices for Alternate Bid Items, the District’s selection of Alternate Bid Items, if any, for determination of the lowest priced Bid Proposal and for inclusion in the scope of the Contract to be awarded shall be in accordance with the Instructions for Bidders.

• If any Alternate Bid Item is added or deleted from the Work pursuant to the foregoing, the Contract Time shall be adjusted by the number of days allocated for the added or deleted Alternate Bid Item in the Contract Documents; if days are not allocated for any Alternate Bid Item added or deleted pursuant to the foregoing, the Contract Time shall be equitably adjusted.

More Definitions of Alternate Bid

Alternate Bid means an amount stated In the Bid to be added to or deducted from the amount of the Base Bid if the corresponding change in project scope or materials or methods of construction described in the Bidding Documents is accepted.

Alternate Bid means an offer submitted by any person in response to an Invitation for Bid issued by the State that is in essential compliance with the solicitation terms and conditions but which may offer an alternate that does not significantly deviate from the required specifications contained in the solicitation. The soliciting agency would be responsible for determining whether an alternate bid is acceptable.

Alternate Bid means the amount stated in the bidding

Alternate Bid or "alternative bid" means a bid or proposal, which contains an intentional substantive variation to a basic provision, specification, term or condition of the solicitation.

Alternate Bid means that with the submission of a bid that meets the requirements of the solicitation, a bidder, at the same time, includes another bid, which contains an intentional substantive variation to a basic provision, specification, term or condition of the solicitation.

Alternate Bid means the amount stated in the Bid as the sum to be added from the amount of the Base Bid if the corresponding change in the project scope, materials, and/or methods of construction is awarded by the Owner.

Alternate Bid has the meaning set forth in Section 5.2(g).