Sole Bid definition

Sole Bid means when in competitive bidding process there is only one Responsive Bid received by the Government Agency or the Local Authority;
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Examples of Sole Bid in a sentence

  • Scrapped the Tender for procurement of 500 Non-AC Low Floor CNG Buses due to unrealistic, exorbitantly high, unreasonable and unjustifiable rates quoted for Bus & AMC Charges in the Sole Bid & Single Bid.

  • However, the panel remanded the case to the trial court for a determination of whether the court costs imposed were “ ‘reasonably related to the actual costs incurred by the trial court[.]’ ” Id. at 2, quoting MCL 769.1k(1)(b)(iii).

  • Much of this work has been used to stress test and improve the Gitlab CI work.

  • Reject the Sole Bid.Provided that a Sole Bid shall be rejected only after ascertaining that the same is not in accordance with the reserve price or estimated return assessed by the Sponsoring Agency.

  • Rejection of Sole Bid for a Contract for Trash Hoist Replacement with Vertical Reciprocating Conveyors Location: Monroe Administering Department: Capital Projects Division – Project Management Team 3 Funding Source: N/A Amount: N/A Projected Section 3 Hires: Not Required Rejection of this sole bid is recommended in the best interest of the Authority.

  • Treatment of Sole Bid: In case of the competitive bidding process resulting into a Sole Bid, the Department shall decide the matter only with the approval of ECPPP.

  • For project having project cost above Rs. 1000.00 crores or resulting in Sole Bid: The Employer shall place the recommendations of PPPBEC before the Committee of Secretaries which shall then submit its recommendations to Hon’ble Cabinet for approval of Preferred Bidder.

  • Treatment of limited response – In case the competitive bidding process does not generate sufficient response and if even a Sole Bid is not received, then the Government Agency of the Local Authority shall in consultation with the 1[Government] either,- (i) modify either the pre-qualification criteria and /or the risk sharing provisions and restart the bid process; or(ii) may cancel the competitive bid process; or(iii) in case of (ii) above, may have direct negotiation with any Private Sector Participant.

  • Permission to Reject Sole Bid Received, Re: Bid #B-7-17-100, Sykes Creek Parkway Force Main Replacement (Fiscal Impact:$800,000 is Budgeted in 4153 Fund, Cost Center 365310/6985217)*2.

  • Rejection of Sole Bid for a Job Order Contract for Repair Work Related to the Response to and the Recovery from Hurricane Sandy Location: Various (Queens) Administering Department: Capital Projects Division – Disaster Recovery Funding Source: N/A Amount: N/A Projected Section 3 Hires: N/A Rejection of the sole bid is recommended in the best interest of the Authority.

Related to Sole Bid

  • Responsive Bid means a Bid that complies with each of the provisions of this RFB, or is either an alternative bid or a bid with an exception, if accepted by the Agency.

  • Acceptable bid means any bid which, in all respects, complies with the conditions of bid and specifications as set out in the bid documents.

  • The Bidder means the individual or firm who participates in this tender and submits its bid.

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects

  • Responsible Bidder means a Bidder that has the capability in all respects to perform the requirements of the Contract. In determining whether a Bidder is a Responsible Bidder, the Agency may consider various factors including, but not limited to, the Bidder’s competence and qualifications to provide the goods or services requested, the Bidder’s integrity and reliability, the past performance of the Bidder relative to the quality of the goods or services offered by the Bidder and the best interest of the Agency and the State.