bidding round definition

bidding round means the period of time during which network users can submit, amend and withdraw bids;
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bidding round means the period of time during which a Shipper may submit, amend and withdraw Bids in a Capacity Auction;
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bidding round means a round of bidding in a capacity auction;
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More Definitions of bidding round

bidding round means the discrete time period during which bids may be submitted, amended or withdrawn. At the end of a Bidding Round, all valid bids are processed in accordance with the relevant auction algorithm and a subsequent Bidding Round may be opened.
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bidding round means the time period during which Registered Network Users can submit, amend and withdraw bids.
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bidding round means a period of time specified by the Authority in which a Bid may be submitted to the Authority;
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Related to bidding round

  • Successful Bidder(s) means the bidder(s) to whom work in this tender is awarded.

  • Bidder/Bidding Company means Bidding Company submitting the Bid. Any reference to the Bidder includes Bidding Company / including its successors, executors and permitted assigns as the context may require;

  • Bidding Procedures Order means that certain order of the Bankruptcy Court, entitled “Order (A) Approving Sale Procedures and Bid Protections, Including Break-Up Fee(s), In Connection With Sale Of Substantially All Assets; (B) Scheduling An Auction For And Hearing To Approve One Or More Sales; (C) Approving Notice Of Respective Date, Time And Place For Auction And For Hearing On Approval Of Sale(s),” entered on January 16, 2009.

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

  • Successful Bidder - means the organization or person with whom the order is placed and who is contracted to execute the work as detailed in the bid.