Tender Price definition

Tender Price means the amount stipulated by the Tenderer in the space provided therefor in the Form of Tender, including all applicable taxes, which price, for greater certainty, is the Tenderer’s proposed Contract Price to complete all of the Work; and
Tender Price means the total price stated in the Form of Tender for the provision of goods and/or services required under this Invitation to Tender.
Tender Price means the fees, rates and prices indicated by a Tenderer as being the amounts for which that Tenderer is prepared to undertake the Services;

Examples of Tender Price in a sentence

  • To this effect, the Tender Price shall be adjusted, for comparison purposes only, to reflect the price of a missing or non-conforming item or component in the manner specified in the TDS.

  • Provided that a Tender is substantially responsive, the Procuring Entity shall rectify quantifiable nonmaterial non-conformities related to the Tender Price.

  • If the Procuring Entity determines that the Tender Price is abnormally too high because genuine competition between tenderers is compromised (often due to collusion, corruption or other manipulations), the Procuring Entity shall reject all Tenders and shall institute or cause competent Government Agencies to institute an investigation on the cause of the compromise, before retendering.

  • Price evaluation will be done for Items or Lots (contracts), as specified in the TDS; and the Tender Price as quoted in accordance with ITT 14.

  • After evaluation of the price analyses, in the event that the Procuring Entity determines that the Tenderer has failed to demonstrate its capability to perform the Contract for the offered Tender Price, the Procuring Entity shall reject the Tender.


More Definitions of Tender Price

Tender Price means the price or amounts calculated by reference to the matters set out in the Pricing Appendix and as may be amended in accordance with the matters set out in these Instructions to Tenderers;
Tender Price means the price or amounts set out in the Form of Tender.
Tender Price means the price tendered for the Tendered Property as specified in the
Tender Price means the amount indicated by a Bidder as the lowest amount for which that Bidder is prepared to perform the Contract.
Tender Price means the price tendered for the Tendered Property as specified in the Schedule to the Offer Form, which shall be in integral figure;
Tender Price means the amount stipulated by the Tenderer in the space provided in the Form of Tender which, for greater certainty, is the Tenderer’s proposed Contract price;
Tender Price means the monetary amount a Tenderer proposes in its Tender, in the space provided therefor in the Form of Tender, as its all-inclusive, total fee, including, without limitation, all applicable taxes, to carry out and complete the Work in accordance with the Contract;