Substantially Equal definition

Substantially Equal means that the successful bid is within two percent (2%) of the next lowest responsible bid. However, the bids shall not be substantially equal where the two percent difference is equal to or greater than Ten Thousand Dollars ($10,000.00).
Substantially Equal means that:
Substantially Equal means that the successful bid is within two percent (2%) of the next lowest responsible bid. However, the bids shall not be substantially equal

Examples of Substantially Equal in a sentence

  • B Part II - Substantially Equal Periodic Payments (“SEPP” under Section 72(t) of the Internal Revenue Code)If you are requesting BNYM I S Trust recalculate the amount of your SEPP annually using an RMD method leave “Amount of each distribution” in B.


More Definitions of Substantially Equal

Substantially Equal in this context shall mean when all of the variations of the new policy are reviewed by the parties, the amount of summative variation of the new policy from the old policy shall be of very little difference. It shall be the responsibility of the Superintendent and Treasurer to meet with the leadership of the Association at least sixty (60) days prior to the changing of the carrier.
Substantially Equal means that debt service in any full year
Substantially Equal means either exactly equivalent to or not more than fifteen (15) minutes less than the compensated time of the driver/bus assistant whose time was reduced. This provision shall not apply where compensated time is temporarily increased and then reduced back to what it was before the temporary increase. The driver/bus assistant being displaced under this provision shall be assigned to the assignment being vacated by the displaced driver/bus assistant. This provision is not intended to have any effect on kindergarten routes. A reduction of time under the first sentence of this provision that occurs after November 15 shall not have a negative impact on the regular driver’s/bus assistant’s eligibility for or participation in health insurance benefits for the remainder of that school year, with the further understanding that if the employee voluntarily takes a route with less time insurance eligibility and participation will be determined in accordance with the normal rules. Eligibility for and participation in health insurance benefits in the following school year will be determined by the circumstance in effect at that time.
Substantially Equal means equal or nearly equal in the essential aspects of the job. In considering whether two jobs are substantially equal, you should compare the skill, effort, and responsibility required in performing the jobs. You should consider the actual job requirements, as opposed to job classifications, job descriptions, or job titles. In addition, you should consider the jobs overall, as opposed to individual segments of the jobs. You may disregard any superficial differences required to perform the jobs.
Substantially Equal means that there may be differences in the knowledge, skill and/or responsibilities, but these are not significant enough to justify a difference in overall value of the work
Substantially Equal means that debt service in any Eull year
Substantially Equal means when bids are tied or proposal scores are equal. Indicate whether the material covered in your bid/proposal were manufactured in whole or in substantial part within the United States, or the majority of the component parts thereof were manufactured in whole or part in the United States.