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

  • Refer to Table 1, “Process - Long Term Bid Lease,” on the following pages.TABLE 1 PROCESS – LONG-TERM BID LEASETABLE 1 PROCESS – LONG-TERM BID LEASE (Continued)*Note - required for development purposes only.

  • Reject Term Bid Group 10-7A product "Asphalt Tack" and "Asphalt Milling", and authorize re-advertisement for bids of same.

  • Morgan Winsor, Burundi Elections 2015: President Nkurunziza Should Withdraw Third Term Bid, Former Leader Says, INT’L BUS.

  • On the other hand, they also found that the primary reason that* We would like to acknowledge the helpful suggestions of three anonymous referees and the participants at the October 2000 meeting of the Federal Reserve System Committee on Regional Analysis, especially Myriam Quispe- Agnoli.

  • Sealed bids will be received by the City of Jackson, Mississippi, at the office of the City Clerk, City Hall, 219 South President Street, P.O. Box 17, Jackson, Mississippi 39205 until 3:30P.M. Local Time, on May 31, 2016, for supplying labor and materials (as specified) necessary for construction of the Paving, Patching & Streets Repair Term Bid.

  • ORDER accepting the 2018 - 2019 Annual Term Bid Groups 10-2, 10-7B, 10-8, 10-9 received on May 30, 2018 and PPRB approved on July 11, 2018, and awarding the lowest and best bids as tabulated by the Purchase Clerk.

  • ORDER finding that no Reverse Auction bids were received July 10, 2018 for Term Bid 10-6A Gasoline and Diesel Fuel and authorize the Purchase Clerk to solicit monthly quotes through December 31, 2018.

  • ORDER acknowledging that no bids were received on April 28, 2022 on Annual Term Bid Group 10.4 Crushed Concrete for the 2022-2023 Annual Term Bid Group and authorizing re-advertisement as requested by the Road Manager.

  • ORDER acknowledging Annual Term Bid Groups 10-2, 10-7B, 10-8 and 10-9 to be received Wednesday, May 30, 2018 require submittal to PPRB on July 11, 2018 for their approval to present a recommendation to the Board on August 6, 2018.

  • ORDER extending the current Annual Term Bid Vendor of Bid Group 10-1 to August 15, 2018 (the current contract ends July 1, 2018).

Related to Term Bid

  • Term B Loans has the meaning specified in Section 2.01(a).

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Term A Lender means, at any time, any Lender that has a Term A Commitment or a Term A Loan at such time.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Term B Lender means, at any time, any Lender that has a Term B Commitment or a Term B Loan at such time.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.