Bidding Consortium definition

Bidding Consortium or “Consortium” shall mean the reference to the group of Bidders or Bidding Entities, each being a Member in a Bidding Consortium, if the Bid has been submitted jointly by more than one Bidder.

Bidding Consortium or "Consortium" shall mean a maximum of three Bidding Companies that has collectively submitted the bid in accordance with the provisions of this RfP.

Bidding Consortium or “Consortium” shall mean the reference to the group of companies, each being a Member in a Bidding Consortium, if the Bid for the proposed Project has been made jointly by more than one company.

Examples of Bidding Consortium in a sentence

• In case of the Bidder being a Bidding Consortium, any Member may seek qualification on the basis of financial capability of its Affiliate(s).

• Certificate of Incorporation of Bidding Company / all member companies of Bidding Consortium.

• Each entity in the Bidding Consortium shall be referred to as a Member Entity.

• In case of a Bidding Consortium, a Power of Attorney in favour of the Lead Member issued by the other Members of the Consortium shall be provided in original as per format attached hereto as Format 6.2.In the event any Member of the Bidding Consortium (other than Lead Member) is a foreign entity, it may submit Board Resolutions in place of Power of Attorney for the purpose of fulfilling the requirements under this Section.

• A registered partnership firm can also be allowed as a Member Entity of the Bidding Consortium provided a Lead Member of the Bidding Consortium shall be a corporate entity.

More Definitions of Bidding Consortium

Bidding Consortium or “Consortium” refers to an individual / an association of persons / firms / Companies or a combination of the three that have collectively responded and submitted the Bid in response to and in accordance with the provisions of the RFS.

Bidding Consortium means if the proposal for the Project is made jointly by more than one entity, then such group of entities shall be referred to as a Bidding Consortium;

Bidding Consortium means a maximum of three(3) Bidding Companies who have signed a memorandum of understanding collectively submitted the Bid in accordance with the provisions of this RFQ cum RFP.

Bidding Consortium means a situation where a proposal for a PPP Project is made by more than one person, and “bidding consortia” shall be construed accordingly;

Bidding Consortium or “Consortium” and Bidding Consortium of Companies/Bidding Consortium of Firms/ Hybrid Consortium shall refer to a group of Companies and/or Firms that have collectively submitted the Bid in response to this RFP in accordance with the provisions of this RFP; Bidding Consortiums shall not have more than three (3) Members and Bidding Consortiums comprising of more than three (3) Members shall be summarily rejected.

Bidding Consortium means a group of not more than 2 (two)registered companies under Indian Companies Act 1956 or 2013 in India, that has jointly submitted their Bid in response to this Tender;

Bidding Consortium or “CONSORTIUM” shall refer to a group of Companies that have collectively submitted the response in accordance with the provisions of this RfS under a Consortium Agreement;