Second Highest Evaluated Bidder definition

Second Highest Evaluated Bidder means the Bidder who submits the Bid scoring the second highest points pursuant to Clause 22 from amongst the Substantially Responsive Bids.

Examples of Second Highest Evaluated Bidder in a sentence

  • In the event the Second Highest Evaluated Bidder fails to or is unable to fulfill the conditions contained in the Notification Award or declines to accept the Notification of Award, the Ministry shall annul the Bidding process.

  • The Ministry shall then issue Notification of Award to the Second Highest Evaluated Bidder.

  • Any Notification of Award to the Second Highest Evaluated Bidder, shall be subject to the terms and conditions of these Bidding Documents.

  • Cell phones, if needed, should be kept in a locker or backpack and must not be brought to class.

  • Any Notification of Award to the Second Highest Evaluated Bidder, shall be subject to the terms and conditions as that of the Notification of Award to the Highest Evaluated Bidder and subject to the terms and conditions of these Bidding Documents.

  • Bank Guarantee (Bid Security) of unsuccessful Bidders’, excluding the Second Highest Evaluated Bidder shall be discharged or returned within 30 (thirty) calendar days from the date of Notification of Award by the Ministry to the Successful Bidder.

  • Where the Letter of Award is terminated in accordance with Clause 26.3 of the ITB, the Ministry shall issue the Letter of Award to the Second Highest Evaluated Bidder.

  • The Bank Guarantee (Bid Security) of the Second Highest Evaluated Bidder shall be discharged or returned upon the Successful Bidder signing the Lease Agreement.

  • In the event the Second Highest Evaluated Bidder fails to or is unable to fulfill the conditions contained in the Notification Award or declines to accept the Notification of Award, the Notification of Award issued to the Second Highest Evaluated Bidder shall be deemed terminated.

  • Any Letter of Award to the Second Highest Evaluated Bidder, shall be subject to the terms and conditions as that of the Letter of Award to the Highest Bidder and subject to the terms and conditions of these Bidding Documents.

Related to Second Highest Evaluated Bidder

  • Lowest Evaluated Bid means a bid for goods, works and services having the lowest evaluated cost among the substantially responsive bids

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • Evaluated Bid means a Bid that factors each Respondent’s Base Bid including any alternates, deductive and additives selected by the City that will result in a weighed reduction based on that Respondent’s percentage of SBE participation, as defined by formula set forth in this chapter or in the SBE Regulations adopted pursuant to this chapter.

  • Designated Bidder means (a) an Eligible Assignee or (b) a special purpose corporation that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least "Prime-1" (or the then equivalent grade) by Xxxxx'x or "A-1" (or the then equivalent grade) by S&P that, in the case of either clause (a) or (b), (i) is organized under the laws of the United States or any State thereof, (ii) shall have become a party hereto pursuant to Section 8.07(d), (e) and (f) and (iii) is not otherwise a Lender.

  • Selected Bidder means the bidder who has been selected by DMRC, pursuant to the bidding process for award of license.

  • Qualified Bidder As defined in Section 7.01(c).

  • Bidder means the legal entity which submits a Bid for consideration by City in accordance with the Invitation For Bid.

  • Gross combination weight rating means the value specified by the manufacturer as the loaded weight of a combination or articulated vehicle;

  • Highest Closing Price means the highest closing price for shares of Substitute Common Stock within the six-month period immediately preceding the date the Substitute Option Holder gives notice of the required repurchase of the Substitute Option or the Substitute Share Owner gives notice of the required repurchase of the Substitute Shares, as applicable.

  • Bidder/Bidding Company means Bidding Company submitting the Bid. Any reference to the Bidder includes Bidding Company / including its successors, executors and permitted assigns as the context may require;

  • Selected Bidder or Successful Bidder means the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;

  • Technically Qualified Bidder means a Bidder whose Techno-Commercial Bid is responsive and meets the requirements to the satisfaction of OMC as per terms and condition of the Bid document and is qualified for opening of its Price Bid;

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • Preferred Bidder means a bidder that is entitled to receive a reciprocal preference under the requirements of this chapter.

  • Interested Bidder means any person or persons who have submitted the Request Letter for Participation along with signed Bid Form, notarized affidavit, signed Declaration, requisite Earnest Money and other necessary documents to complete the eligibility check formalities to the satisfaction of the Liquidator.

  • Winning Bidder With respect to a Successful Auction, the Qualified Bidder that bids the highest price.

  • Submitted Bid has the meaning specified in Section 11.10(d)(i) below.

  • Supplier/ Successful or Selected bidder means the person, private or government entity, or a combination of the above, whose Bid to perform the Contract has been accepted by the Purchaser and is named as such in the Agreement, and includes the legal successors or permitted assigns of the successful/ selected bidder.

  • Valuation Firm has the meaning set forth in Section 1.6(c).

  • Successful Bidder As defined in Section 7.01(c).

  • Reference evapotranspiration or “ETo” means a standard measurement of environmental parameters which affect the water use of plants. ETo is given expressed in inches per day, month, or year as represented in Appendix C of these Guidelines, and is an estimate of the evapotranspiration of a large field of four to seven-inch tall, cool-season grass that is well watered. Reference evapotranspiration is used as the basis of determining the Maximum Applied Water Allowances.

  • Eligible bidder means a person who is:

  • Bid Valuation Date means May 10, 2010.

  • Quotes Base means Quotes Flow information stored on the Server.