Conversion to Single Currency definition

Conversion to Single Currency. To facilitate evaluation and comparison, the UNDP will convert all Bid Prices expressed in the amounts in various currencies in which the Bid Prices are payable to US dollars at the official UN exchange rate on the last day for Submission of Bids. Evaluation of Bids: Determination of compliance with the Solicitation Documents is based on the content of the Bid itself without recourse to extrinsic evidence.
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Examples of Conversion to Single Currency in a sentence

  • Conversion to Single Currency For evaluation and comparison purposes, the currency(ies) of the Tender shall be converted in a single currency as specified in the TDS.

  • Failure to accept the correction in accordance with ITB 35.1, shall result in the rejection of the Bid 36 Conversion to Single Currency For evaluation and comparison purposes, the currency(ies) of the Bid shall be converted into a single currency as specified in the BDS.

Related to Conversion to Single Currency

  • freely convertible currency means a currency which is widely traded in international foreign exchange markets and widely used in international transactions.

  • Available Currency means Dollars, and any other currency (including Euros and Sterling) as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Applicable Currency means, as to any particular payment, Borrowing or Loan, Dollars or the Foreign Currency in which it is denominated or payable.