Base Proposal definition

Base Proposal means the proposal submitted by a Proposer based on the Base Contract and that meets the requirements of the RFP.
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Base Proposal means the sum stated in the Proposal for which the Respondent offers to perform the work described in the Proposal Documents as the base, to which work may be added or from which work may be deleted for sums stated in Alternate Proposals.
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Base Proposal means the proposal submitted by a Proposer based on the Base Contract
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Examples of Base Proposal in a sentence

  • The OWNER may award the work on the basis of the Base Proposal, combined with such Alternates as selected, until a net amount is reached which is within the funds available.

  • If the award is to be made on the basis of a combination of a Base Proposal with Options, it will be made to that responsible Respondent whose net proposal on such combination is the lowest.

  • If the award is to be made on the basis of Base Proposals only, it will be made to that responsible Respondent whose Base Proposal, therefore, is the lowest.

  • The Owner reserves the right to consider any Proposal “non-responsive” if the Base Proposal Cost is determined to be unreasonable or irresponsible in relation to the other submitted Proposals and/or the Owner’s estimate of the construction cost.

  • Further, Proposer hereby states that the Base Proposal set forth in this Proposal Response is true and correct.

  • Each Proposal must be accompanied by a Proposal Guaranty in the amount of five percent (5%) of the largest possible total Proposal (i.e. the sum of the Base Proposal and all additive Alternates).

  • Proposals will include a proposal for the base scope of work (Base Proposal) and may include proposal(s) for any alternate scope(s) of work (Alternate Proposal(s)), when requested by Owner, and any conditions upon which the Base Proposal or any Alternate Proposal(s) are premised.

  • The Owner will not acknowledge or receive any element of the Base Proposal (Respondent’s Qualifications, Respondent’s Pricing and Delivery Proposal and Execution of Offer, Proposed Alternates or HUB Subcontracting Plan) that are delivered by telephone, facsimile (fax) transmission, or electronic mail (e-mail).

  • Enter into and execute the contract, if awarded, for the Base Proposal and accepted Alternate Proposals.

  • Definition: An alternate is an amount proposed by Proposer and stated on the Proposal Form for certain construction activities defined in the Proposal Requirements that may be added to or deducted from Base Proposal amount if the Owner decides to accept a corresponding change in either the installation or methods described in Contract Documents.


More Definitions of Base Proposal

Base Proposal means the amount of money stated in a proposal as the sum for which the PROPOSER/CONTRACTOR offers to perform the Work described in the Contract Documents, exclusive of adjustments for Alternates.
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Base Proposal means the sum of money stated in a Proposal for which the Proposer proposes to perform the Work and/or Services described in the Bidding/Proposal Documents, exclusive of adjustments for Alternates.
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Related to Base Proposal

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

  • Superior Proposal has the meaning set forth in Section 5.09(a).

  • approved proposal means a proposal approved or determined under this Agreement;

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Project Proposal is the final and written description of the Project as described in Exhibit A, to be undertaken by Sub-recipient for which the Project Funds is granted and performance is required and monitored pursuant to this PFA.

  • Transaction Proposal has the meaning specified in Section 8.02(c).

  • Company Superior Proposal shall have the meaning set forth in Section 7.4(b).

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).

  • Change Proposal means a proposal (in the standard form) for any alteration of, or addition to, or omission from, the Contractor’s Brief or any change in the design, quality or quantity of the Works put forward by the Contractor or the Commercial Officer;

  • Superior Acquisition Proposal means any Acquisition Proposal containing terms which the Company Board determines in its good faith judgment (based on the advice of an independent financial advisor) to be more favorable to the Company’s stockholders than the Merger and for which financing, to the extent required, is then committed or which, in the good faith judgment of the Company Board, is reasonably capable of being obtained by such third party.

  • Company Acquisition Proposal means any offer, indication of interest or proposal (other than an offer or proposal made or submitted by or on behalf of Parent or any of its Subsidiaries) contemplating or otherwise relating to any Company Acquisition Transaction.

  • Proposal means the Technical Proposal and the Financial Proposal.

  • Takeover Proposal means any offer or proposal for, or any indication of interest in, a merger or other business combination involving Target or the acquisition of any significant equity interest in, or a significant portion of the assets of, Target, other than the transactions contemplated by this Agreement.

  • Competing Proposal means a proposal, offer or invitation to the Company, any Party or any of a Party’s Affiliates (other than the Proposal), that involves the acquisition of Control of the Target, a sale of all or a substantial part of the assets of the Target, a restructuring or recapitalization of the Target, or some other transaction that would adversely affect, prevent or materially reduce the likelihood of the consummation of the Transaction with the Parties.

  • Parent Superior Proposal shall have the meaning set forth in Section 7.4(g).

  • Alternative Transaction Proposal means any offer, proposal or indication of interest (whether binding or non-binding), or any public announcement of an intention to make any offer, proposal or indication of interest, to the Company or Company Stockholders regarding an Alternative Transaction.

  • Notice of Superior Proposal has the meaning set forth in Section 5.09(e).

  • Responsive Proposal means a Proposal that complies with the material provisions of this RFP.

  • Bid Proposal or “Proposal” means the bidder’s proposal submitted in response to the RFP.

  • Eligible Proposal means a Proposal that meets or exceeds the prescribed requirement, proceeding to the next stage of evaluation;

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 30% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Unsolicited proposal means a written proposal for a public-private initiative that is submitted by a private entity for the purpose of entering into an agreement with the department but that is not in response to a formal solicitation or request issued by the department.

  • Financial Proposal means the Contractor’s Financial Proposal dated (Financial Proposal date).

  • Superior Company Proposal has the meaning set forth in Section 6.02(e).

  • Parent Acquisition Proposal means any offer or proposal for, or any indiction of interest in, a merger, consolidation or other business combination involving Parent or any of the Parent Subsidiaries or the acquisition of any equity interest in, or a substantial portion of the assets of, Parent or any of the Parent Subsidiaries, other than the transactions contemplated by this Agreement and the Other Purchase Agreements.

  • Transaction Proposals has the meaning specified in Section 8.2(b).