LCBS definition

LCBS means Least Cost Based Selection.
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Examples of LCBS in a sentence

  • A successful bidder will be selected on the basis of Least cost based (LCBS) method of evaluation.

  • The selection method is Least Cost Based Selection (LCBS or L1) item-wise.

  • Selection Method shall be Least Cost Based Selection (LCBS) which shall be evaluated based on the cumulative lowest rate in the financial bid.

  • Selection Method shall be Least Cost Based Selection (LCBS) which shall be evaluated based on the total value of the financial bid.

  • The selection method is Least Cost Based Selection (LCBS) - L1 i.e. the lowest evaluated technically responsive bid.

  • Selection Method shall be Least Cost Based Selection (LCBS) as per the total value of the financial bid.

Related to LCBS

  • Commercial Letters of Credit means those letters of credit subject to the UCP payable in Dollars and issued or caused to be issued by Lender on behalf of Borrower under a Loan Facility for the benefit of a supplier(s) of Borrower in connection with Borrower's purchase of goods or services from the supplier in support of the export of the Items.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Issuing Lenders means all such Persons, collectively.

  • Financial Commitment means the legally binding undertaking of the Operator to mobilize the financial requirements of the project, for ensuring the completion of the project;

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.