Selected Bidder definition

Selected Bidder means the bidder who has been selected by DMRC, pursuant to the bidding process for award of license.
Selected Bidder or “SUCCESSFUL BIDDER” shall mean the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of PPA.
Selected Bidder or “Successful Bidder” shall mean the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.

Examples of Selected Bidder in a sentence

  • Disputes and differences arising out of or in connection with or relating to the interpretation or implementation or termination of the present RfP document, the bidding process, the adequacy or sufficiency of price, or the lease to be granted in favour of the Selected Bidder which cannot be settled by mutual negotiation within 60 (sixty) days, shall be referred to the sole arbitration of an Arbitrator to be appointed by the Principal Secretary of the Transport Department of the GoWB.

  • In the event the duplicate copy of the LOI duly signed by the Selected Bidder along with the 1st installment payment is not received by the stipulated date, the Department may appropriate the bid security of such bidder as damages on account of failure of the Selected Bidder to accept the LOI, and the Department may invite fresh bids for the Project.

  • In the event the highest bidder withdraws or is not declared as the Selected Bidder, the Department may invite fresh bids for the Project.

  • The qualified bidder quoting the highest Financial Bid shall be declared as the Selected Bidder.

  • Urban Development Department has observed that exemption for the said land parcel under the Urban Land (Ceiling and Regulation) Act, 1976 will be granted to the Selected Bidder by the Urban Development Department, GoWB on a case to case basis on priority.


More Definitions of Selected Bidder

Selected Bidder means the Bidder who has emerged as preferred bidder in terms of this RFP and has been issued the Letter of Acceptance (LoA) by SSCDL and awarded the work under this RFP.
Selected Bidder means the Bidder selected pursuant to the RFP and who has to acquire one hundred percent (100%) equity shares of SPV [which is under incorporation], along with all its related assets and liabilities, which will be responsible as the TSP to establish the Project on build, own, operate and transfer basis as per the terms of the TSA and other RFP Project Documents;
Selected Bidder means the bidder who has been selected by NMRC, pursuant to the bidding process for award of Contract. The words and expressions beginning with capital letters and defined in this document shall, unless repugnant to the context, have the meaning ascribed thereto hereinabove. Data Sheet
Selected Bidder means the first highest bidder who has quoted the highest amount after opening of the Financial Proposals and has been selected by the Authority pursuant to the selection process detailed in Section 3 of the RFP.