Informal Bid definition

Informal Bid means a quotation made under small purchase procedures, pursuant to HRS Chapter 103D-305 or a quotation made under emergency purchase procedures, pursuant to HRS Chapter 103D-307.

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Informal Bid means either a written or oral quotation not requiring a public opening at a specific time and date. Written evidence of oral quotations shall be maintained by the Commission.

Informal Bid means a quotation made under small purchase procedures, pursuant to HRS Section 103D-305 or a quotation made under emergency purchase procedures, pursuant to HRS Section 103D-307.

Examples of Informal Bid in a sentence

Purchases greater than $60,000 up to $200,000 require compliance with the District’s Informal Bid Procedures.
Without in any way affecting the indemnity provided, Vendor agrees to secure before commencement of the work and throughout the Contract, the types and amounts of insurance set forth in the “Insurance Requirements for Informal Bid Process and Purchase Order Vendors Providing Services,” attached hereto as Attachment 1 and incorporated in full by reference.
Proposals shall be received under provisions of North Carolina General Statutes, Section 143-131, Informal Bid Proposals.
Prices must remain firm throughout the terms of the contract in accordance to Section 4 of the Informal Bid Request #20-21-11, which is fully incorporated herein.
The following supplements modify, expand certain portions of, or provide additional or more specific information or instructions to requirements of the General Conditions of the Informal Bid Contract, published by North Carolina Department of Administration, State Construction Office.

More Definitions of Informal Bid

Informal Bid means a procedure for soliciting cost quotes /bids either in writing or orally for items or work costing more than $10,000 up to $50,000 with written documentation of the informal bid results.

Informal Bid means small purchase construction estimated at less than $25,000, procured by telephone quotations or written bids, and awarded by purchase order.

Informal Bid means a written or oral quotation obtained from an approved vendor but not required to be opened publicly at a specified day, place and time.

Informal Bid means a bid which is not disqualified under Section 6.1 of Document 1, Instructions to Bidders, but which contains minor irregularities, discrepancies, errors or omissions or any other similar defects.

Informal Bid means a written or oral quotation obtained from a vendor where the purchase is not required to be to be solicited by advertisement.

Informal Bid means small purchase construction estimated at less than $25,000 and procured by telephone quotations or written bids and award is by purchase order.

Informal Bid means a competitive bid, price quotation, or proposal for supplies or services that is conveyed by a letter, fax, email, or other manner that does not require a formal sealed bid or proposal, public opening, or other formalities.