Lowest price definition

Lowest price means the least possible amount that meets all requirements of the request of a purchasing agent.
Lowest price means the least possible amount that meets
Lowest price means the lowest price, on the date of the transaction or other manner of acquisition of a listed security, at which that security was traded on the exchange on which it is listed, as determined by that exchange on each day on which trade in that security occurs on that exchange: Provided that where that security was not traded on the date of the transaction or other manner of acquisition, the lowest price of that security must be regarded as being the lowest price on the last business day, preceding the date of the transaction or other manner of acquisition, on which that security was traded on that exchange;

Examples of Lowest price in a sentence

  • Evaluation of technical and financial proposals Evaluation will be based on: ☐ Lowest price method (selects the lowest evaluated financial proposal of the technically responsive Proposers) ☒ Combined scoring method using a distribution of 70%-30%.

  • Lowest price received against BHEL tenders need not be the technically acceptable one and in that case BHEL reserves the right not to consider the same.

  • Lowest price will not be the sole criteria; quality, capacity of the vendor, delivery time and previous relevant experience will also be considered.

  • Financial score (F) : (Lowest price quote/Price quote of the bidder) *100 Cumulative score (C) : {80 *(T) + 20* (F)}/100 4.

  • On the basis of Lowest price offered by any firm (after fulfillment of terms & conditions, vendor evaluation form and required information of tender enquiry), contract may be awarded to L-1 firms.


More Definitions of Lowest price

Lowest price means the lowest total price offered in EUR, VAT excluded.
Lowest price means the lowest price at which the securities were traded on the exchange on which the securities are listed, as determined
Lowest price means the lowest closing Bid Prices during the applicable Valuation Period.
Lowest price means such firm price accepted by the Bidder that will be payable for design, supply, installation, commissioning, operation and maintenance of the Pumpset System(s) as per the provisions of this RFP and TPA
Lowest price means $5.00.
Lowest price means the basis for awarding contracts for commodities among responsive and responsible offerers. (New York State Finance Law §163 (1)(i))
Lowest price means the basis for awarding contracts for commodities among responsive and responsible offerers.