Sealed Bid definition

Sealed Bid means a formal sealed response received as a part of a quotation, tender or proposal
Sealed Bid means a formal sealed response received as a part of a competitive bid.
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

  • Electronically Sealed Bid System –“Single Stage - Two Envelopes bid system”.

  • Bid shall remain valid for a period not less than 120 (one hundred twenty) days from the last date of submission of Financial Bid / Sealed Bid.

  • Sealed Bid should be dropped in the Tender Box kept at the office of the Administrative Officer prior to bid submission end date, duly marked with Tender ID along with a covering letter under company letter head.

  • Date, Place and Time of Sealed Bid: Thursday, April 11th, 9:00 AM Josephine County Forestry Office 125 Ringuette StreetGrants Pass, Oregon.

  • If the start price is your own Online Initial Sealed Bid price, you still need to bid in the online reverse auction.


More Definitions of Sealed Bid

Sealed Bid means a formal sealed response received in response to a request for bids;
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 a formal sealed submission received in response to a request for bids;
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 RIGL 37-2-18 (a)-(h) “Competitive Sealed Bidding” and these regulations.
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 paper bids in sealed envelopes or bids received electronically through the county's designated system.