Solicited Proposal definition
Examples of Solicited Proposal in a sentence
Notwithstanding anything contained in Section 7.2 to the contrary, any Excluded Party shall cease to be an Excluded Party for all purposes under this Agreement immediately at such time as discussions or negotiations with respect to a Solicited Proposal made by such Excluded Party are terminated or if any such Solicited Proposal at any time fails to satisfy the requirements of any of Sections 7.2(c)(i), (ii), (iii) and (iv).
In order to be in a position to verify the Best Value of ITT's Solicited Proposal, EarthWatch may, upon release of the RFP for the Sensor, solicit non-binding proposals from alternative Sensor subsystem suppliers with notification to ITT.
A Solicited Proposal submitted by ITT that satisfies the RFP's technical requirements (including schedule) and falls within or below EarthWatch's internal "should cost" range for the Sensor shall be considered to be Best Value.