Common use of EVALUATION OF BID Clause in Contracts

EVALUATION OF BID. The evaluation and assessment for the selection of the Bidder(s) shall be based on the Bid Variable i.e. the rate of License Fee quoted by the Bidders. The Eligible Bidder, quoting the highest rate of License fee per sqm per month, shall be declared the highest and his offer shall be evaluated and assessed by DMRC.

Appears in 1 contract

Sources: Licensing Agreement

EVALUATION OF BID. The evaluation and assessment for the selection of the Bidder(s) Bidder shall be based on the Bid Variable i.e. the rate of License Fee bid/offer above reserve price per square meter per month quoted by the BiddersBidder. The Technically Eligible Bidder, quoting the highest rate bid/offer above reserve price of License fee per sqm per sqm/month, shall be declared the highest and his Bidder whose offer shall be evaluated and assessed by DMRC.. In case the bids of two or more bidders are equal and are the highest bid for one or more sites, then the

Appears in 1 contract

Sources: Contract for Licensing of Pre Identified Bare Space/S to Operate a Retail Banking Outlet/S by Placement of 64 Atms

EVALUATION OF BID. The evaluation and assessment for the selection of the Bidder(s) Bidder shall be based on the Bid Variable i.e. i.e., the rate of License Fee per month per sq.m quoted above the reserve price by the BiddersBidder. The Technically Eligible Bidder, quoting the highest rate of License fee per sqm sq.m per month, shall be declared the highest and his Bidder whose offer shall be evaluated and assessed by DMRCCMRL.

Appears in 1 contract

Sources: License Agreement