Award of Contract definition

Award of Contract means the decision of the Purchaser to enter into a Contract with the Supplier for supply and delivery of the specified Goods, including any Related Services.

Award of Contract means a formal written notice by APS that a firm(s) has/have been selected to enter into a contract for services.

Award of Contract means formal written notice by the Property Control Division that a firm has been selected to enter into a contract for services. Any Award of Contract that has not been resulted in a written contract offer to the Offeror, within 6 months written notice, shall not be considered an award for the purpose of the Project listing form.

Examples of Award of Contract in a sentence

• If our bid is accepted, we will submit a performance security within 14 (fourteen) days of issuance of Award of Contract (AOC) in the prescribed format as given in the bid document.

• Prior to the expiry of the period of bid validity, WBMSCL shall issue Award of Contract (AOC).

• The Additional Performance Security shall have to be submitted by the selected L1 bidder after issuance of Letter of Acceptance / Letter of Invitation (LoA/LoI) within next seven working days and before issuance of Award of Contract (AoC) in the form of “Bank Guarantee” of any Scheduled Bank approved by RBI, payable at Kolkata or / in West Bengal, as per specimen format Form-6.

• Award of Contract 43 Award Criteria 43.1 The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender.

• The Bank reserves the right to accept or reject any Bid in part or in full or to cancel the bidding process and reject all Bids at any time prior to contract award as specified in Award Criteria and Award of Contract, without incurring any liability to the affected Bidder or Bidders or any obligation to inform the affected Bidder or Bidders of the grounds for the Bank’s action.

More Definitions of Award of Contract

Award of Contract means a formal written notice by the District that a firm has been selected to enter into negotiations for a contract for construction services.

Award of Contract means the formal acceptance of bid by the Purchaser incorporating any adjustments or variations to the Bid agreed between the Purchaser and the Supplier.

Award of Contract means a formal written notice by the District that a firm(s) has/have been selected to enter into a contract for services.

Award of Contract means the issue of the work order or the Letter of Award, whichever is earlier.

Award of Contract means formal approval by the Board of Education and a contract document has been signed by both parties.

Award of Contract means a formal written notice by the Purchasing Section. “Bidder” means one who submits a response to an invitation for Request for Bid (RFB). “Contractor” shall mean successful Bidder.

Award of Contract means the decision of the Purchaser to enter into a contract with a supplier for delivery of specified goods which has been conveyed to the contractor through a purchase order and/or signing of a contract.