Base Bid definition

Base Bid means a Bid for Public Works to be performed or Supplies or Services to be furnished under a City Contract, including additives, alternates, deductives, excluding force accounts, and taxes collected separately pursuant to Washington Administrative Code (“WAC”) 458-20-171.

Base Bid means the sum stated in the Bid for which the Bidder offers to perform the work described in the Bidding Documents as the base. Work may be added or deleted from this Base bid value for sums stated in the Alternate bids.

Base Bid means The amount of money stated in the bid as the sum for which the bidder offers to perform the work, not including that work for which alternate bids are also submitted.

Examples of Base Bid in a sentence

• In the event that a contract(s) is awarded pursuant to this specification, the Chief Procurement Officer will award such contract in to the lowest responsive and responsible bidder per Group, as determined by the Award Criteria Figure, in the amount of the Total Base Bid.

• Contractor’s Total Base Bid, which is used in calculation of the Award Criteria Figure, must incorporate any peripheral costs including, but not limited to, the costs of products and/or services, delivery/transportation charges, training, materials, labor, insurance, applicable taxes, warranty, overhead and profit, etc.

• The Contract Price is based upon the Contractor’s Base Bid Proposal only.

• The sum of the unit prices and lump sum prices for the Base Bid Items and Alternate Bid Items, if any, awarded by the City is ONE HUNDRED SIXTY-TWO THOUSAND SIX HUNDRED TEN AND 00/100 Dollars ($162,610.00) (“Contract Price”).

• After the Agreement has been fully executed by the Contractor and the City, the City shall issue the “Notice to Proceed to Fulfill Preconstruction Requirements.” The date specified in the Notice to Proceed to Fulfill Preconstruction Requirements constitutes the date of commencement of the Contract Time of Twenty Five (25) Working Days for the Base Bid only.

More Definitions of Base Bid

Base Bid means the amount stated in a Bid as the sum for which the Bidder offers to perform the Work in a particular trade or other category, which is described in the Contract Documents, excluding Alternates.

Base Bid means the amount stated in the Bid Schedule for the basic scope of the Work which may be increased or decreased by Alternates.

Base Bid means the minimum functional requirements of the good or service.

Base Bid means the amount of money stated in the bidding

Base Bid means the elements contained in the Construction Documents recommended by the Consultant and approved by the City as being within the Construction Cost Budget pursuant to the Statement of Probable Construction Cost provided by Consultant. “Base Bid” shall not include “Additive Alternates” or “Deductive Alternates”.

Base Bid means the minimum functional requirements set forth in the bid, as issued by the state.

Base Bid or ‘base proposal’ means the amount of money stated in the bid or proposal as the sum for which the bidder or proposer offers to perform the work.