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Lowest Bidder definition

Lowest Bidder means the Bidder who is quoting the lowest BID price.
Lowest Bidder means the Bidder whose Evaluated Price is the lowest.
Lowest Bidder means the contractor is selected based on price alone.

Examples of Lowest Bidder in a sentence

  • Buyer reserves the right to apportion the quantity among _ bidders in the ratio of starting from Lowest Bidder (L1) and proceeding to Next Higher Bidder and so on subject to their consent to meet the L1’s rates as well as terms and conditions, as negotiated.

  • The accompanying schedules of (1) Purchases Not Made from the Lowest Bidder, (2) Emergency Purchases and (3) Purchases Made Noncompetitively from a Sole Source are presented in accordance with Section 31-7-115, Miss.

  • Buyer reserves the right to apportion the quantity among bidders in the ratio of starting from Lowest Bidder (L1) and proceeding to Next Higher Bidder and so on subject to their consent to meet the L1’s rates as well as terms and conditions, as negotiated.

  • Thereafter, Price Information (Commercial Bid) of the eligible & technically qualified bidders will be opened and Lowest Bidder (L1) will be selected based on the Total Amount quoted in the commercial bid.

  • The Technical Review Committee will review the Technical Proposal of the Lowest Bidder.


More Definitions of Lowest Bidder

Lowest Bidder means the Bidder who quotes the lowest bid.
Lowest Bidder means the Bidder, who quotes the lowest Fees p)
Lowest Bidder means as defined in Clause 1.2.4. “Project” shall mean as defined in Clause 1.1.1.
Lowest Bidder means L1 as defined in clause 4.2 (i).
Lowest Bidder means the party who submits the least expensive total monetary bid in response to a bid invitation.
Lowest Bidder means the Bidder who is offering the lowest Tariff.
Lowest Bidder means a person or firm, which has submitted the most advantageous price.