Bid Method definition

Bid Method means the type of solicitation process being conducted.
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Examples of Bid Method in a sentence

  • A member who is absent, without first obtaining leave of the council, throughout 3 consecutive ordinary meetings of the council is disqualified from continuing his or her membership of the council.

  • The Competitive Sealed Bid Method of procurement requires that the construction contract be awarded to the lowest bidder, provided that the lowest bidder is found to be a responsive and responsible bidder.

  • Appendix-F to Bid: Method of Performing the WorkBF-1 The Bidder is required to submit a narrative outlining the method of performing the Work and Operation & Maintenance of the Works.

  • RequirementsIf the Competitive Bid Method is used, the recipient shall:a.

  • Furnish a technical proposal taking into account the various Appendices to Bid specially the following: Appendix-C to Bid Method of Assuring Quality of Goods Appendix-D to Bid List of Quality Control/Laboratory Equipment Appendix-E to Bid List of Manufacturers / Subcontractors and other pertinent information such as mobilization program (under Appendix C to Bid) etc.

  • BF-1Appendix-F to Bid: Method of Performing the Work The Bidder is required to submit a narrative outlining the method of performing the Work and Operation & Maintenance of the Works.

  • The Competitive Sealed Bid Method is appropriate to be used when: (a) a complete, adequate and realistic specification or purchase description is available; and (b) the purchase lends itself to a firm fixed-price contract, and selection of the successful bidder can appropriately be made, principally on the basis of price.

  • Although Emergency Conditions do not exist, the Agency’s business assets or financial investments are at risk and the urgency of the requirement will not permit the delay needed to complete the 3+ Contractor Telephone Solicitation Method, the Competitive Sealed Bid Method or the RFP/RFQ Method, as determined by the Agency Executive Director.

  • The Competitive Sealed Bid Method must be used when (a) the Agency seeks to obtain construction services for a “Public Project” or “Construction Work” as those terms are defined by the California Public Contract Code (“Code”) or the Purchasing Policy Procedures Manual; and 2) the Agency seeks a contract that is otherwise subject to state or federal law requiring this method of procurement.

  • FORM OF BID AND SCHEDULES TO BID[SCHEDULES TO BID INCLUDE THE FOLLOWING: • Schedule A to Bid: Schedule of Prices• Schedule B to Bid: Specific Works Data• Schedule C to Bid: Works to be Performed by Subcontractors• Schedule D to Bid: Proposed Program of Works• Schedule E to Bid: Method of Performing Works• Schedule F to Bid: Integrity Pact]SCHEDULE - A TO BID PREAMBLE TO SCHEDULE OF PRICES1.

Related to Bid Method

  • Alternative method means any method of sampling and analyzing for an air pollutant that is not a reference or equivalent method but that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to, in specific cases, produce results adequate for a determination of compliance.

  • Standard Methods means the examination and analytical procedures set forth in the most recent edition of "Standard Methods for the Examination of Water and Wastewater" published jointly by the American Public Health Association, the American Water Works Association, and the Water Pollution Control Federation.

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

  • Designated LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no such currency is specified on the face hereof, United States dollars.

  • Equivalent method means any method of sampling and analyzing for an air pollutant that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to have a consistent and quantitatively known relationship to the reference method under specific conditions.

  • LIBOR Market Index Rate means, for any day, the rate for one-month U.S. dollar deposits as reported on Telerate Page 3750 as of 11:00 a.m., London time, for such day, provided, if such day is not a LIBOR Business Day, the immediately preceding LIBOR Business Day (or if not so reported, then as determined by the Swingline Lender from another recognized source or interbank quotation).

  • Competitive Bid Rate means, with respect to any Competitive Bid, the Margin or the Fixed Rate, as applicable, offered by the Lender making such Competitive Bid.

  • Labour-Based Methods means work methods whereby activities are carried out using labour where technically and economically viable and appropriate equipment is only used when labour alone will not achieve the required standards.

  • Selective Routing is a service which automatically routes an E911 call to the PSAP that has jurisdictional responsibility for the service address of the telephone that dialed 911, irrespective of telephone company exchange or Wire Center boundaries.

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • EURIBOR means the Euro-zone inter-bank offered rate.

  • Telerate Page 3750 means the display page currently so designated on the Moneyline Telerate Service (or such other page as may replace that page on that service for the purpose of displaying comparable rates or prices).

  • Designated LIBOR Page means the display on Reuters Screen, LIBOR01 Page or any successor service or any page as may replace the designated page on that service or any successor service that displays the London interbank rates of major banks for U.S. Dollars.

  • London Interbank Offered Rate has the meaning set forth in Section 2.07(b).

  • LIBOR Index Rate means, for any Interest Period, the rate per annum (rounded upwards, if necessary, to the next higher one-sixteenth of one percent) for deposits in U.S. Dollars for delivery on the first day of and for a period equal to such Interest Period in an amount equal or comparable to the principal amount of the Eurodollar Loan scheduled to be made by each Lender as part of such Borrowing, which appears on the Applicable Telerate Page as of 11:00 a.m. (London, England time) on the day two (2) Business Days before the commencement of such Interest Period.

  • Index Rate means, for any day, a floating rate equal to the higher of (i) the rate publicly quoted from time to time by The Wall Street Journal as the "base rate on corporate loans posted by at least 75% of the nation's 30 largest banks" (or, if The Wall Street Journal ceases quoting a base rate of the type described, the highest per annum rate of interest published by the Federal Reserve Board in Federal Reserve statistical release H.15 (519) entitled "Selected Interest Rates" as the Bank prime loan rate or its equivalent), and (ii) the Federal Funds Rate plus 50 basis points per annum. Each change in any interest rate provided for in the Agreement based upon the Index Rate shall take effect at the time of such change in the Index Rate.

  • EURIBOR Rate has the meaning specified in the definition of “Eurocurrency Rate”.