Conforming Bid definition

Conforming Bid shall have the meaning given to that term in Subparagraph 3.02(c) of the Purchase Agreement.
Sample 1Sample 2Sample 3
Conforming Bid means a bid that has been reviewed by the Energy Advisor and deemed to meet all program requirements and is fully ready to be presented to the customer.
Sample 1

Examples of Conforming Bid in a sentence

  • An incomplete Bid Proposal Spreadsheet will be deemed non-conforming, as set forth in Section 5.6 (Conforming Bid Proposals).

  • AGC now claims that “it is readily apparent from the evidence that had the USFS accepted the [2010 Plan of Operations] AGC almost certainly would have come into compliance with the terms of the NPDES permit.” (AGC’s Brief at p.

  • The picture supports the domain engineer in recalling the names and the purpose of the different attributes of the geometry model.

  • A Conforming Bid is a bid that conforms in full, both in engineering and operational terms with the Employer’s Conforming Scheme, and in financial, organisational and obligation terms with the General Conditions of Concession Contract, except for minor departures that do not materially affect the design, construction method or operational characteristics of the Project or the financial, organisational or obligation regime under which the Concession will be conducted.

  • An incomplete Bid Proposal Spreadsheet will be deemed non-conforming, as set forth in Article 5.6 (Conforming Bid Proposals).

  • An incomplete Bid Proposal Spreadsheet will be deemed non- conforming, as set forth in Section 5.5 (Conforming Bid Proposals).

  • An incomplete Bid Proposal Spreadsheet will be deemed non- conforming, as set forth in Article 5.6 (Conforming Bid Proposals).

  • Non-conforming Bid a Bid which does not conform with the requirements of the Bid Event as determined by Synergy, acting reasonably, or a Bid containing departures from or alternative options to a Conforming Bid.

  • B.3.4.1 Conforming Bids A Conforming Bid is a bid that conforms in full, both in engineering andoperational terms with the NHFH Conforming Scheme, and in financial, organisational and obligation terms, except for minor departures that do not materially affect the design, construction method or operational characteristics of the Project or the financial, organisational or obligation regime under which the Contract will be conducted.

  • If Lessee submits to Lessor a Conforming Bid under this Paragraph 3.02 with a purchase price which is less than the difference between the Outstanding Lease Amount and Residual Value Guaranty Amount under Facility 2, Lessor shall not accept such bid unless approved by Lessor and Required Participants.

Related to Conforming Bid

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

  • Sufficient Clearing Bids has the meaning specified in Section 11.10(d)(i) below.

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Closing Bid Price and "Closing Sale Price" means, for any security as of any date, the last closing bid price and last closing trade price, respectively, for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing bid price or the closing trade price, as the case may be, then the last bid price or the last trade price, respectively, of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last closing bid price or last trade price, respectively, of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing do not apply, the last closing bid price or last trade price, respectively, of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no closing bid price or last trade price, respectively, is reported for such security by Bloomberg, the average of the bid prices, or the ask prices, respectively, of any market makers for such security as reported in the "pink sheets" by Pink Sheets LLC (formerly the National Quotation Bureau, Inc.). If the Closing Bid Price or the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Bid Price or the Closing Sale Price, as the case may be, of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during the applicable calculation period.

  • Nonconforming use means a use of land that:

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

  • 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.

  • 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;

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

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

  • Nonconforming lot means a lot that met dimensional requirements of the applicable master program at the time of its establishment but now contains less than the required width, depth or area due to subsequent changes to the master program.

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

  • Credit Bid means, an offer submitted by Agent (on behalf of the Lender group), based upon the instruction of the Required Lenders, to acquire the property of any Loan Party or any portion thereof in exchange for and in full and final satisfaction of all or a portion (as determined by Agent, based upon the instruction of the Required Lenders) of the claims and Obligations under this Agreement and other Loan Documents.

  • Invitation for Bid (IFB means the solicitation document issued to potential vendors for the purchase of equipment, supplies, and/or services as described in the document. The definition includes these Terms and Conditions as well as all Pricing Pages, Exhibits, Attachments, and Addendums thereto.

  • Discounted Market Price of Shares means, if the Shares are listed only on the TSX Venture Exchange, the Market Price less the maximum discount permitted under the TSX Policy applicable to Options.

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

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

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

  • Nonconforming sign means a sign or sign structure, other than a nonstandard sign or a sign that is erected and maintained in a business area along a scenic byway prior to the designation as a scenic byway, that satisfies 1 of the following:

  • 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:

  • Invitation to Bid (ITB means an offer by a vendor to sell a product or service for a specific price that is based on the specifications or scope of the purchaser.

  • Nonconforming Goods means only the following: (i) product shipped is different than identified in Buyer's purchase order; or (ii) product's label or packaging incorrectly identifies its contents.

  • Take-over Bid means an Offer to Acquire Voting Shares or Convertible Securities, if, assuming that the Voting Shares or Convertible Securities subject to the Offer to Acquire are acquired and are Beneficially Owned at the date of such Offer to Acquire by the Person making such Offer to Acquire, the Voting Shares Beneficially Owned by the Person making the Offer to Acquire would constitute in the aggregate 20% or more of the outstanding Voting Shares at the date of the Offer to Acquire;

  • BC Bid Website means www.bcbid.gov.bc.ca;

  • Scrap metal means ferrous or nonferrous metal, or items that contain ferrous or nonferrous metal, that are sold or offered for sale for the value of the ferrous or nonferrous metal they contain rather than their original intended use; ferrous or nonferrous metal removed from or obtained by cutting, demolishing, or disassembling a building, structure, or manufactured item; or other metal that cannot be used for its original intended purpose but can be processed for reuse in a mill, foundry, die caster, or other manufacturing facility.

  • Financial Bid means Envelope II of the Bid, containing the Bidder‟s Quoted Tariff as per the Format 4.7 of this RFP;