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Bid Acknowledgement means the acknowledgement and acceptance of Bid Quotes by Company or (if applicable) a Permitted Borrower in the form attached as Exhibit "B" hereto.
Bid Confirmation Letter means the letter sent to Buyer by Seller confirming acceptance of a Bid submitted by Buyer.
Bid or Tender means the proposal submitted by the Tenderer in ance with the Tender Documents. Sample 1. Bid or Tender means the Letter of Tender and all other documents which the Contractor submitted with the Letter of Tender, as included in the Contract. ( ADB) Sample 1.
The letter of acknowledgement, as the name suggests, is an acknowledgement that the firm has received the invitation to tender and asks that the tenderer informs you whether it intends to make a submission.