Two Envelope System definition

Two Envelope System means an optional bid process whereby the bid is submitted in two envelopes, the information considered necessary for a compliant bid in one, and all other information in another. The second envelope is only opened if the first envelope shows the bid is compliant. A variation on this approach is to have all required information in one envelope and the price in the second. Again, price is only opened after the contents of the first are verified as appropriate.
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Two Envelope System means the procurement method used in the Request for
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Examples of Two Envelope System in a sentence

  • The bids are called under Single Stage Bidding & Two Envelope System.

  • Single Stage Two Envelope System of Bidding has been adopted in which BIDDER should bifurcate their quotations in two envelops.

  • The bids are being called under Single Stage Bidding & Two Envelope System.

  • Relevant here, Absolute argued in its motion that the complaint presented no evidence that the $125 it charged for a foreclosure posting was inflated beyond the market price and that the State’s evidence of market price was cherry-picked and not reliable.

  • Two Envelope System The ORIGINAL - TECHNICAL COMPONENTS requirements stated below shall be enclosed into a folder, same as with the ORIGINAL - FINANCIAL COMPONENTS requirements which will also be done in a separate folder.

  • A faculty member has the exclusive responsibility for making and changing a grade, except in the case where the Honor Code Council has made a determination that supports a change.Undergraduate Midterm GradesUndergraduate students are provided with midterm progress halfway through a semester or session.

  • Only technical qualified biddersshall be processed for valid financial bids (Two Envelope System).

  • Single Stage Bidding & Two Envelope SystemThe details of sealing & marking of bids in each case is given below: Single Stage Bidding & Two Envelope System as per e-tendring method.*No. of Bid Submission Stages for tender : Single Stage.*No. of Electronic Envelopes for submission of Bids : Two Nos- Techno commercial & Financial.

  • These two (2) folders shall be placed into separate envelope forming the Two Envelope System.

  • Offline envelope should be sealed (packing PVC tape / sealing wax) & online envelope should be digitally sealed.12.1.1 The bids are being called under Single Stage Bidding & Two Envelope System the details of sealing & marking of bids in each case is given below:12.1.2 Deleted12.1.3 In Single stage bidding & two envelopes system, the bidder shall submit his bid online in two electronic envelopes digitally sealed.The First Electronic envelope will be named as Techno-commercial bid.

Related to Two Envelope System

  • E-System means any electronic system approved by Agent, including Syndtrak®, Intralinks® and ClearPar® and any other Internet or extranet-based site, whether such electronic system is owned, operated or hosted by Agent, any of its Related Persons or any other Person, providing for access to data protected by passcodes or other security system.

  • Sewage system means the entire sewage treatment and subsurface disposal system;

  • DocuSign Envelope ID 352115B6-76B3-411E-99DA-0649F37FA244

  • Levee system means a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices.

  • Drainage system means one or more artificial ditches, tile drains or similar devices which collect surface runoff or groundwater and convey it to a point of discharge.

  • Supported Wage System means the Commonwealth Government system to promote employment for people who cannot work at full Award wages because of a disability as documented in “[Supported Wages System: Guidelines and Assessment Process]”.

  • State Load Despatch Centre or ‘SLDC’ means the centre established by the State Government for purposes of exercising the powers and discharging the functions under Section 31 of the Act;

  • Interstate system means that portion of the national system of interstate and defense highways, located within this state, as officially designated, or as may hereafter be designated, by the commissioner, and approved by the secretary of transportation of the United States, pursuant to title 23 of the United States Code;

  • 911 system means the set of network, database and customer premise equipment (CPE) components required to provide 911 service.

  • XXXXX System means the XXXXX filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • Cable System means a facility, consisting of a set of closed transmission paths and associated Signal generation, reception, and control equipment, that is designed to provide Cable Service, which includes Video Programming and which is provided to multiple Subscribers within a community, but “Cable System” does not include:

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Sewerage system means pipelines or conduits, pumping stations, and force mains, and all other

  • SDX System means the system used by NERC to exchange system data.

  • telecommunication system means any system (including the apparatus comprised in it) which exists (whether wholly or partly in Jersey or elsewhere) for the purpose of facilitating the transmission of communications by any means involving the use of electrical or electro- magnetic energy;

  • Telecommunications System means a system for conveying visual images, sounds or other information by electronic means;

  • Office of the Interconnection Control Center means the equipment, facilities and personnel used by the Office of the Interconnection to coordinate and direct the operation of the PJM Region and to administer the PJM Interchange Energy Market, including facilities and equipment used to communicate and coordinate with the Market Participants in connection with transactions in the PJM Interchange Energy Market or the operation of the PJM Region. On-Site Generators:

  • Radiation machine means any device capable of producing radiation except those devices with radioactive material as the only source of radiation.

  • Operating Envelope means the limits on the Company's approved operations set out in Conditions 2.3 to 2.7 of this

  • TARGET2 System means the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) system or any successor thereto.

  • Generation Interconnection Request means a request by a Generation Interconnection Customer pursuant to Tariff, Part IV, subpart A, to interconnect a generating unit with the Transmission System or to increase the capacity of a generating unit interconnected with the Transmission System in the PJM Region.

  • Business reply mail envelope means an envelope that may be mailed free of

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region. Generation Interconnection Request:

  • Transmission Interconnection Customer means an entity that submits an Interconnection Request to interconnect or add Merchant Transmission Facilities to the Transmission System or to increase the capacity of Merchant Transmission Facilities interconnected with the Transmission System in the PJM Region or an entity that submits an Upgrade Request for Merchant Network Upgrades (including accelerating the construction of any transmission enhancement or expansion, other than Merchant Transmission Facilities, that is included in the Regional Transmission Expansion Plan prepared pursuant to Operating Agreement, Schedule 6).

  • American Express Meeting Planner Account or “AMEX MPA” is the method by which all Master Account charges under this Agreement shall be settled with an American Express Meeting Planner Account or AMEX MPA number. The appropriate and authorized AMEX MPA number will be provided to the Contractor only when a final invoice is received, reviewed, and approved by the AOC, in accordance with the provisions of this exhibit.

  • Public School Student Accessing Courses at a Distance means a student who is scheduled for a full course load through the District and attends all classes virtually.