Combined Bid definition

Combined Bid means a Supplier’s bid where the Contracting Authority has requested Suppliers provide two or more classes of insurance in the Market Presentation as described in Framework Schedule 2 Services and Key Performance Indicators Part B - Services (Lot 1);
Combined Bid means a bid responding to two or more Core or Optional Classes of insurance Combined Discount means the premium discount by value or percentage applicable to a Combined Bid that a Insurer offers to a Contracting Body.
Combined Bid means a Contracting Body’s requirement for two or more classes of insurance as detailed in the Market Presentation. Contingent Commissions means insurer payments to a broker that are based on volume, profitability or value of business placed with the insurer. This also includes overrides and incentives; Combined Discount means the Premium discount by value or percentage applicable to a Combined Bid that a Insurer offers to a Contracting Body.

Examples of Combined Bid in a sentence

  • EXAMPLE of PRICE PROPOSAL FORM (not inclusive of all requirements defined above) PRICE PROPOSAL FOR SOW-RFP PROJECT NAME Deliverables Expected Completion: Hourly Rate (applicable for Time and Materials) Price (aggregate hourly cost or Fixed price per Deliverable) Deliverable I Date Deliverable II Date Deliverable III Date Combined Bid Date The Price Proposal form must use the same deliverables as outlined in the Request from the State.

  • The Combined Bid Grand Total is the only pricing that shall be utilized for bid award.

  • Vendors are instructed to read carefully all terms, conditions and specifications as set forth in the Invitation for Combined Bid.

  • Modifications proposed after bid opening to make a product conform to a brand name product referenced in the Invitation for Combined Bid shall not be considered.

  • All bidders are cautioned to furnish all required information and details required by this Invitation for Combined Bid.

  • If the supplier is a JV / Consortium, - The Combined Bid Capacity of the JV / Consortium is calculated and on the whole, the combined Bid Capacity of the JV partners /consortium shall be> (greater than or equal to) Estimated Cost, subject to each partner satisfying a minimum of 25 % of the requirement and lead partner satisfying a minimum of 50% of the requirement.

  • Responders are instructed to read carefully the Invitation, Conditions, Preliminary Contract Terms, and Conditions/Terms Specific to this Invitation for Combined Bid (IFCB) and attachments.

  • The VCCDD & NSCUDD Combined Bid Grand Total is the only pricing that shall be utilized for bid award.

  • Responders are instructed to read carefully the Invitation, Conditions, Preliminary Contract Terms, and Conditions/Terms Specific to this Invitation for Combined Bid (IFCB) and all Attachments.

  • Both the Combined Bid Price and the Total Bid Price are truncated to four (4) decimal places.


More Definitions of Combined Bid

Combined Bid means an Insurers bid responding to two or more Core or Optional Classes of insurance in the Market Presentation as described in Framework Schedule 1, part 2a;
Combined Bid means a Contracting Body’s requirement for two or more classes of insurance as detailed in the Market Presentation.

Related to Combined Bid

  • Lowest Evaluated Bid means a bid for goods, works and services having the lowest evaluated cost among the substantially responsive bids

  • Submitted Bid has the meaning specified in Section 11.10(d)(i) below.

  • Evaluated Bid means a Bid that factors each Respondent’s Base Bid including any alternates, deductive and additives selected by the City that will result in a weighed reduction based on that Respondent’s percentage of SBE participation, as defined by formula set forth in this chapter or in the SBE Regulations adopted pursuant to this chapter.

  • Designated Bidder means (a) an Eligible Assignee or (b) a special purpose corporation that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least "Prime-1" (or the then equivalent grade) by Xxxxx'x or "A-1" (or the then equivalent grade) by S&P that, in the case of either clause (a) or (b), (i) is organized under the laws of the United States or any State thereof, (ii) shall have become a party hereto pursuant to Section 8.07(d), (e) and (f) and (iii) is not otherwise a Lender.

  • Qualified Bidder As defined in Section 7.01(c).

  • Selected Bidder means the bidder who has been selected by DMRC, pursuant to the bidding process for award of license.

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • Preferred Bidder means a bidder that is entitled to receive a reciprocal preference under the requirements of this chapter.

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • bid means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of goods or services, through price quotations, advertised competitive bidding processes or proposals;

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Permitted Bid means a Take-over Bid made by an Offeror by way of take-over bid circular which also complies with the following additional provisions:

  • Demand Bid means a bid, submitted by a Load Serving Entity in the Day-ahead Energy Market, to purchase energy at its contracted load location, for a specified timeframe and megawatt quantity, that if cleared will result in energy being scheduled at the specified location in the Day-ahead Energy Market and in the physical transfer of energy during the relevant Operating Day.

  • Best Bid means the highest posted bid price of the Common Stock.

  • Return Bid has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Servicing-Retained Bid As defined in Section 7.01(c).

  • Decrement Bid means a type of Virtual Transaction that is a bid to purchase energy at a specified location in the Day-ahead Energy Market. A cleared Decrement Bid results in scheduled load at the specified location in the Day-ahead Energy Market.

  • Non-bid Basis means a contract awarded or executed by the Commonwealth with Contractor without seeking bids or proposals from any other potential bidder or offeror.

  • Interested Bidder means any person or persons who have submitted the Request Letter for Participation along with signed Bid Form, notarized affidavit, signed Declaration, requisite Earnest Money and other necessary documents to complete the eligibility check formalities to the satisfaction of the Liquidator.

  • Competing Permitted Bid means a Take-over Bid that:

  • Proportional Takeover Bid means an off-market bid that is made or purports to be made under section 618(1)(b) of the Corporations Act in respect of a specified proportion of shares included in a class of shares in the Company; and

  • Gross combination weight rating means the value specified by the manufacturer as the loaded weight of a combination or articulated vehicle;

  • Benchmark Price shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision: