{"component": "definition", "props": {"groups": [{"samples": [{"hash": "iD17FxJr5kW", "uri": "https://www.nquthu.gov.za/Documents/FINANCE%20POLICIES/SCM%20Policy%202025-26.pdf", "label": "www.nquthu.gov.za", "score": 20.4551830292, "published": false}, {"hash": "8tx3UkmGNn", "uri": "https://www.setsoto.gov.za/wp-content/uploads/2025/07/16.-SCM-POLICY-FOR-2025-2026.pdf", "label": "www.setsoto.gov.za", "score": 20.396314621, "published": false}, {"hash": "8dGmhEXFCwt", "uri": "https://www.govanmbeki.gov.za/wp-content/policies/annexured_supplychainmanagement_policy2025.pdf", "label": "www.govanmbeki.gov.za", "score": 20.3923168182, "published": false}], "size": 590, "snippet": "means a bid in terms of a competitive bidding process;", "snippet_links": [{"key": "terms-of", "type": "definition", "offset": [15, 23]}, {"key": "competitive-bidding-process", "type": "clause", "offset": [26, 53]}], "hash": "a6aa6aed77f259f0152463e4ff03f23f", "id": 1}, {"samples": [{"hash": "97cnFmQYH4A", "uri": 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time required for submission of <strong>Competitive Bids</strong>.", "The Administrative Agent may, but shall not be required to, notify any Lender of any manifest error it detects in such \u2587\u2587\u2587\u2587\u2587\u2587\u2019s <strong>Competitive Bid</strong>.", "Each Lender that has received notice pursuant to Section 2.03(g) that all or a portion of its <strong>Competitive Bid</strong> has been accepted by the Borrower shall make the amount of its Bid Loan(s) available to the Administrative Agent in immediately available funds at the Administrative Agent\u2019s Office not later than 1:00 p.m. on the date of the requested Bid Borrowing.", "Any <strong>Competitive Bid</strong> or portion thereof that is not accepted by the Borrower by the applicable time specified in Section 2.03(e) shall be deemed rejected.", "After each <strong>Competitive Bid</strong> auction pursuant to this Section 2.03, the Administrative Agent shall notify each Lender that submitted a <strong>Competitive Bid</strong> in such auction of the ranges of bids submitted (without the bidder\u2019s name) and accepted for each Bid Loan and the aggregate amount of each Bid Borrowing.", "The Administrative Agent shall promptly notify each Lender having submitted a <strong>Competitive Bid</strong> whether or not its offer has been accepted and, if its offer has been accepted, of the amount of the Bid Loan or Bid Loans to be made by it on the date of the applicable Bid Borrowing.", "The Borrower shall be under no obligation to accept any <strong>Competitive Bid</strong> and may choose to reject all <strong>Competitive Bids</strong>.", "Any such submission of a corrected <strong>Competitive Bid</strong> shall constitute a revocation of the <strong>Competitive Bid</strong> that contained the manifest error."], "related": [["competitive-bidding", "Competitive bidding", "Competitive bidding"], ["competitive-bid-rate", "Competitive Bid Rate", "<strong>Competitive Bid</strong> Rate"], ["competitive-bid-loan", "Competitive Bid Loan", "<strong>Competitive Bid</strong> Loan"], ["competitive-bid-note", "Competitive Bid Note", "<strong>Competitive Bid</strong> Note"], ["competitive-bid-request", "Competitive Bid Request", "<strong>Competitive Bid</strong> Request"]], "related_snippets": [], "updated": "2026-03-26T04:21:01+00:00"}, "json": true, "cursor": ""}}