Sealed Bid means a bid that is submitted in a man- ner to prevent its contents from being revealed or known before the deadline for submission of all bids.
Examples of Sealed Bid in a sentence
Sealed bid solicitations only if the need for such information is ap- proved at a level above the contracting officer as being necessary for proper protection of the Government’s inter- ests.
Delivery Period: 6 months from date of contract award (TBC) Bidding Procedure: Sealed bid (no negotiations).Award Method: Multiple awards based on Lowest Priced Technically Acceptable (LPTA) bids.
More Definitions of Sealed Bid
Sealed Bid means a bid which has been submitted in a sealed envelope to prevent its contents being revealed or known before the deadline for the submission of all bids to enhance fair competition, and except as otherwise defined pursuant to R.I. Gen. Laws §§ 37-2-18(a) through (h) "Competitive Sealed Bidding" and this Part.
Sealed Bid means a bid which has been submitted in a sealed envelope to prevent its contents being revealed or known before the deadline for the submission of all bids to enhance fair competition.
Sealed Bid means a method for submitting a bid to provide or perform work on a contract. In general, each interested party submits a bid in a sealed envelope or electronically as specified, and all of the bids are opened at the same time.
Sealed Bid means bid submitted under seal, and which is not to be opened until a specified time at which all bids are to be opened and compared.
Sealed Bid means paper bids in sealed envelopes or bids received electronically through the county's designated system.