Prime Bidder definition

Prime Bidder. – means any person (natural or juristic) who forwards an acceptable proposal in response to this RFB with the intention of being the main contractor should the proposal be awarded to him/her.

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Prime Bidder means the Company of the Consortium incorporated under the Companies Act, 1956 which shall coordinate with UPLC & the Government on behalf of itself and other members of the Consortium, for the successful execution of the Project for the entire Agreement period.

Prime Bidder means the company heading the Consortium which shall interface with the Government on behalf of Consortium, for the successful execution of the project for the entire agreement period.

Examples of Prime Bidder in a sentence

The Prime Bidder hereby states its intent to utilize this M/W/V/DOBE Firm on this Project/Contract.
The Prime Bidder intends to enter into a contractual agreement with the listed M/W/V/DOBE Sub-Contractor Firm who will provide the following goods/services as agreed to as a tier one sub-contractor.
In case of consortium, Prime Bidder shall be required to upload the Bid using its Digital Signature.
THAT the Contract consists of this document as well as the “Non-Collusive Affidavit of Prime Bidder (the bid),” the “Work Write-up” and attendant drawings, the “Notice to Proceed,” and the “General Specifications” of the Coordinating Agency which, together with this Agreement, form the entire contract between the parties hereto, and are hereby incorporated in this Agreement by reference.
For purposes of calculating compliance with the SCS Utilization Requirement, the County will count only the work performed by a Certified SCS Firm who is a Prime Bidder for the distinct, clearly defined work performed with its own forces.

More Definitions of Prime Bidder

Prime Bidder means any person (natural or juristic) who forwards an acceptable proposal in response to this Request for Bid (RFB) with the intention of being the main contractor should the proposal beawarded to him/her. “Rand Value” means the total estimated value of a contract in Rand denomination, which is calculated at the time of proposal invitationsand includes all applicable taxes and excise duties. “SMME” bears the same meaning assigned to this expression in theNational Small Business Act, 1996 (Act No. 102 of 1996). “Sub-contracting” means the primary contractor’s assigning or leasing or making outwork to, or employing another person to support such primary contractor in executing part of a project in terms of a contract. “Successful Bidder” means the organization or person with whom the order is placed orwho is contracted to execute the work as detailed in the bid. “Trust” means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer suchproperty for the benefit of another person. “Trustee” means any person, including the founder of a trust, to whom property is bequeathed in order for such property to beadministered for the benefit of another person. “Savings” constitute money which would ordinary be paid out by LDoH onmonthly basis as electricity expenses

Prime Bidder means Agency/Company part of the consortium and severely responsible for executing the work as mentioned in the RFP and acts as Single Point of Contact (SPOC) for the Project.

Prime Bidder means the leading bidder in case of consortium.

Prime Bidder means the member of the Consortium who is heading/representing the Consortium and who shall bid on behalf of the Consortium and represent the Consortium before the Authority and shall act as the interface between the Consortium and the Authority

Prime Bidder means the lead member of the Consortium

Prime Bidder or ‘Vendor’ means the respondent to the RFP document who will be the entity responsible for the complete delivery of Solution / Services as scoped in this RFP. It may also be noted that in this document “Solution” shall mean and be used interchangeably as “Cloud and managed Services”.

Prime Bidder means the Indian company of the Consortium/Joint Venture incorporated under the Companies Act, 1956 which shall interface with the Government on be half of Consortium/Joint Venture, for the successful execution of the project for the entire agreement period.