Term Bid definition
Term Bid. : means rates based bid for the ad-hoc or repetitive supply of goods, services or construction works, where the individual rates are approved for use over a specified contract period.
Term Bid. : means a rates based bid for the supply of goods, services or construction works, which are of an ad-hoc or repetitive nature where the individual rates are approved for use over a predetermined period of time.
Examples of Term Bid in a sentence
Considering the Lumpsum Tariff option and Medium Term Bid is not Source or Fuel Specific hence Notwithstanding to anything contained in APP, Utility shall not accept any change in law claim.
EAST TENNESSEE NATURAL GAS, LLC (Transporter) BY TITLE: (Replacement Shipper) BY TITLE: Released Transportation Service Agreement between East Tennessee Natural Gas, LLC (Transporter) and (Replacement Shipper) dated Governing Rate Schedule: Release Quantity: Term: Bid Rate: Releasing Shipper: Commencement Date: Expiration Date: Maximum Daily Primary Receipt Points Meter Nos.