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.