Lead Bidder definition
Lead Bidder means the partners of a Consortium, which shall be answerable and accountable to the Government of Mizoram and shall interface with the Government on behalf of Consortium, for the successful execution of the project for the entire agreement period.
Lead Bidder means the member of the consortium who will be responsible for successful implementation of the contract/project. TSRTC will correspond/communicate only with the “Lead Bidder”. The Lead Bidder shall give an undertaking for successful completion of the project. In case of any issues, Lead bidder shall be responsible for all the penalties/compensation.
Lead Bidder means the member of a consortium who is responsible for the 51 percentage (51%) share of works amongst all the members of that consortium, as calculated by ascribing a monetary value to each of the members’ share of works; where the sum of all the monetary values assigned to each member’s share of works should not exceed the Total Project Value.
Examples of Lead Bidder in a sentence
Bidder or the Lead Bidder in case of a Consortium shall not have a conflict of interest with one or more parties in this bidding process.
Lead Bidder is required to mention this in its letter head for all the quoted hardware.
One of the consortium members responsible for performing key components of the contract shall be designated Lead Bidder.
Seller agrees that it will immediately cease and cause to be terminated any existing activities, discussions or negotiations with any Person (other than Buyer) concerning any such Person becoming the Lead Bidder in place of Buyer, or the provision by Seller or its Affiliates or any of their respective representatives of information to any Person (other than Buyer) regarding any such Person becoming the Lead Bidder in place of Buyer.
BoM + Technical specifications compliance sheet for all items on Lead Bidder and Consortium Partner’s (in case of Consortium)/ Bidder’s letter head.
More Definitions of Lead Bidder
Lead Bidder. – means the Bidder itself if it is a single firm, or the member of the Bidder if it is a consortium established during the prequalification process, who has been duly authorized by the other members of the consortium to submit the Proposal and act on behalf of the consortium until selection of the Successful Bidder and establishment of the Project Company.
Lead Bidder means The Community Preservation Corporation, a New York corporation.
Lead Bidder means the company which will take the lead in the management of the JV affairs.
Lead Bidder means that out of consortium members, one of the consortium member shall be solely & wholly responsible for meeting the contractual obligations of this TENDER. Lead bidder in turn will have suitable agreements with its members.
Lead Bidder means a bidder who (i) has entered into a contract with Seller prior to the Auction for the purchase of all or any portion of the Business or the Transferred Assets, and (ii) is entitled to a break-up fee in the event Seller terminates such contract.
Lead Bidder means Santander Bank, N.A., a national banking association. “Liabilities” means, as to any Person, all liabilities, covenants and obligations of such Person of any nature whatsoever, whether direct or indirect, absolute or contingent, matured or unmatured, known or unknown, or material or immaterial, whether accrued, vested or otherwise, and whether or not actually reflected, or required by GAAP to be reflected, in such Person’s balance sheets or other books and records, including any such liabilities, covenants or obligations based or founded upon negligence, gross negligence, recklessness, fault, strict liability, misrepresentation, fraud, quantum meruit, contract, tort (including toxic tort), breach of warranty (express or implied), theories of design defect or failure to warn, so-called “successor liability” doctrines, infringement or misappropriation of intellectual property rights, breach of fiduciary duty, violation of Law or any other legal or equitable theory.
Lead Bidder means a member of a consortium of companies and/or firms, that participates in this tender and submit its bid before the last date and time of submission of the tender as per required specification and conditions, and is so nominated by the constituent parties (referred to as members) of the consortium, and which will bear major responsibility and carry all authority for the supply order, in relation to AMTRON/Govt. of Assam. Liability, of any kind, arising in connection with the tender & supply order shall be borne by the leader, on behalf of the consortium, including that of submission of EMD and Performance Bank Guarantee, including invocation if any and in consideration with the terms and conditions of the consortium agreement.