Examples of Accepted Bid in a sentence
The “Purchase Price” is the amount of money offered in the Accepted Bid.
The Registration Deposit of the Bidder with the Accepted Bid will be held in accordance with the Agreement of Sale.
The Government may elect to accept the Bid of the Backup Bidder if the Bidder of the originally Accepted Bid is unable to fully complete the transactions according to the terms and conditions of this IFB including, without limitation, if such Bidder fails to provide the Additional Deposit.
The Backup Bidder’s Registration Deposit may be retained, at the Government’s discretion, without interest, until the Bidder of the originally Accepted Bid completes the transactions.
The interest rate shall be computed and begin accruing, as of the date of acceptance of the Accepted Bid, based on the yield of 10-year United States Treasury maturities as reported by the Federal Reserve Board in "Federal Reserve Statistical Release H.15" plus 1-1/2% rounded to the nearest one-eighth percent (1/8%).
This IFB and the Accepted Bid shall constitute an agreement for the sale of the Property by and between the Purchaser and the Government (the “Agreement of Sale”).
Within three (3) business days of acceptance of the Accepted Bid, the Purchaser agrees to deposit an additional amount (the “Additional Deposit”) in the form of a certified check or cashier’s check, which when added to the Registration Deposit, will equal at least ten percent (10%) of the Purchase Price.
In the event that the Government is unable to complete the transaction with both the Bidder of the originally Accepted Bid and with the Backup Bidder, the Government reserves the right to consider the other remaining Bid(s) and accept any of the same if it is in the best interest of the Government, as determined by the Government in its sole discretion provided, however, that the Government will use the same evaluative factors described in the Government’s Right to Accept a Bid Section above.
In the event that the Government is unable to complete the transaction with both the Bidder of the originally Accepted Bid and with the Backup Bidder, the Government reserves the right to consider the remaining Bid(s) and accept any of the same if it is in the best interest of the Government, as determined by the Government in its sole discretion provided, however, that the Government will use the same evaluative factors described in the Government’s Right to Accept a Bid section above.
Item 2006 - Effective Period for Accepted Bid SubmissionThe VM Bid Start Date and VM Bid End Date/Time will be identified in the initial e-mail sent to all eligible TSPs (see Item 2002) via DPS.