Bidding Amount Sample Clauses
The Bidding Amount clause defines the specific sum that a bidder offers in response to a solicitation or auction. It typically outlines how the amount should be presented, whether as a fixed figure or within a specified range, and may include requirements for currency, inclusions such as taxes or fees, and submission procedures. This clause ensures transparency and comparability among bids, helping to prevent misunderstandings and disputes over the financial terms of the offer.
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Bidding Amount. 8.1. The Auctioneer shall have discretion to determine the increase of bidding rate based on the total number of Registered E-Bidders and value of the property auctioned.
8.2. In the event there is only one Registered E-Bidders during the auction, the public auction will begin at the property's reserve price while if there are more than one Registered E-Bidders, the public auction will begin at the increment rate which to be determined.
Bidding Amount. 8. 1. The Auctioneer shall have discretion to determine the increas e of bidding rate bas ed on the total number of Registered E- Bidders and value of the property auctioned.
8. 2. In the event there is only one Registered E - Bidders during the auc tion, the public auc tion will begin at the property's res erve pric e while if there are more than one Registered E - Bidders, the public auction will begin at the increment rate whic h to be determined.
Bidding Amount. The Auctioneer shall have discretion to determine the increase of bidding rate based on the total number of Registered E-Bidders and value of the property auctioned.
Bidding Amount. 8. 1. The Auctioneer shall have discretion to determine the increase of bidding rat e based on the total number of Registered E-Bidders and value of the property auctioned.
8. 2. In the event there is only one Registered E -Bidders during the auction, the public auction will begin at the property' s reserve price while i f there are more than one Registered E -Bidders, the public auction will begin at the increment rate which to be determined.
Bidding Amount. Bidding is in $25 increments unless otherwise stated on the Item information sheet.
Bidding Amount. 8. 1. The Auctioneer shall have discretion to determine the increase of b idding rate based on the total number of Registered E- Bidders and value of the property auctioned.
8. 2. In the event there is only one Registered E-Bidders during the auction, the pu blic auction will begin at the property' s reserve price while i f there are more than one Registered E-Bidders, the public auction will begin at the increment rate which to be determined.