Bidding definition

Bidding means a formal procurement procedure under which sealed bids are invited, received, opened, examined and evaluated for the purpose of awarding a contract.

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Bidding has the meaning set forth in the CAISO Tariff.

Bidding means informal written, verbal, or telephone quotations, which may be obtained by a State Agency when a sealed bid is not required.

Examples of Bidding in a sentence

• The following table specifies the methods of procurement, other than International Competitive Bidding, which may be used for goods and works.

• Except as otherwise provided in paragraph 2 below, goods and works shall be procured under contracts awarded on the basis of International Competitive Bidding.

• Failure to comply with those provisions may result in disqualification from the Bidding process, termination of contract, and/or other civil or criminal proceedings as required by law.

• However the Auctioneer may at his own discretion vary such restriction to allow non-Bumiputra Bidding Agent to participate in the auction on case to case basis.

• Except as otherwise provided in Part B of this Section, contracts shall be awarded on the basis of International Competitive Bidding.

More Definitions of Bidding

Bidding means participation in the bidding process may be done either as a Sole Bidder in case of Sole Bidder Route or as a Lead Member in case of Associate/ Consortium Route for setting up and operation & maintenance of Coal Washery on BOO concept.

Bidding means the nomination or bidding of the output of the Generating Stations in the PJM.

Bidding is the Bidding hosted by the Auction Company on the date of [please fill in date] where the Buyers is the successful bidder of the Vessel.

Bidding means offering of particular amount/rent by bidder for premises to be allotted on rent;

Bidding means the procedure used to solicit quotations on price and delivery from various prospective suppliers of supplies, equipment and contractual services.

Bidding means the process of selecting an Implementer for procurement of goods or services or execution of works, by calling for bids;

Bidding means a procedure used to solicit quotations on price and delivery from various prospective suppliers of supplies, materials, equipment, and other city property.