No Bid means the Vendor (Bidder) is not submitting a Proposal for an item on a price line.
No Bid shall have the meaning set forth in Section 3.1.
No Bid means a delinquent Mortgage Loan with respect to which the VA has notified Purchaser or Seller that the VA intends to exercise its option to pay the amount guaranteed by the VA (and leave the Mortgaged Property with Purchaser or Seller).
Examples of No Bid in a sentence
No Bid shall be considered if it arrives after the Bid Opening Time, regardless of reason for the late arrival.
No Bid modification shall be permitted unless the corresponding modification notice contains a valid authorization to request the modification and is read out at Bid opening.
No Bid may be withdrawn, substituted, or modified in the interval between the deadline for submission of Bid and the expiration of the period of Bid validity specified by the Bidder on the Bid Submission Form or any extension thereof.
No Bid shall be modified, substituted or withdrawn by the Bidder on or after the Bid Due Date.
No Bid shall be rejected at the opening stage, except for late submission, for which the Bid shall be returned unopened to the Bidder.
More Definitions of No Bid
No Bid has the meaning set forth in Section 4.2(a) of the Master Agreement. NOS has the meaning set forth in the “Information Security Requirements” Exhibit.
No Bid. A delinquent Mortgage Loan with respect to which the VA has notified Purchaser or Seller that the VA intends to exercise its option to pay the amount guaranteed by the VA (and relinquish all rights with respect to the Mortgaged Property to Purchaser or Seller, as the case may be).
No Bid means a written no bid response a vendor supplies in response to a solicitation request. A written no bid may count as a quote providing the vendor is capable of providing the requested goods or services.
No Bid means a lot that has not attracted any bids at the auction; “out-turn number” means a reference number assigned by a
No Bid. Bidders unable or unwilling to submit a bid should immediately return the “Form of Proposal” only with “No Bid” marked clearly on the outside of the envelope. Any vendor not submitting a bid is encouraged to indicate the reason(s) for not participating.