Bid Capacity definition
Examples of Bid Capacity in a sentence
Such amount that will be refunded, expressed as a percentage of the total Contract Security, will be equal to the Installed Capacity divided by the Bid Capacity.
The Bid Capacity of the Bidder must be equal to or more than the estimated cost of the work put to the Tender.
Such amount that will be retained, expressed as a percentage of the total Contract Security, will be equal to the Bid Capacity minus the Installed Capacity divided by the Bid Capacity.
In its entirety if the Bid Capacity of the Bid Facility that enters Commercial Operation on or before the Commercial Operation Milestone Date is equal to or greater than the Bid Capacity of the Bid Facility described in the Bid Proposal.
At a prorated amount if the Bid Capacity of the Bid Facility that enters Commercial Operation on or before the Commercial Operation Milestone Date is less than the Bid Capacity of the Bid Facility described in the Bid Proposal.