Define: Bidding Capacity

How is Bidding capacity defined in a legal contract?

• Bidding capacity means the total monetary value of construction work that a [organization] is confident a specific contractor can successfully carry out and complete. The determination of this value adheres to specific requirements outlined in a particular [document]. Seen in 4 SEC filings
• Bidding capacity means the ability of an inverter for multiple sites. Seen in 1 SEC filing
• Bidding capacity means the de-rated capacity for a specific unit within a bidding process. Seen in 2 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of bidding capacity' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Bidding Capacity means the total monetary value or ability that an entity confidently possesses for completing a project.

Relevant Contract Types

• Construction Contracts
• Procurement Contracts
• Tendering Contracts

Relevant Circumstances

• When an entity is placing a bid on a construction project.
• When an organization is evaluating capabilities for tendering in procurement processes.
• During contract negotiations involving elaborate projects.

Relevant Sectors

• Construction
• Logistics & Procurement
• Public Sector

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Genie Definition 2

Bidding Capacity means the de-rated capacity for a specific unit within a process.

Relevant Contract Types

• Procurement Contracts
• Energy Contracts
• Asset Management Contracts

Relevant Circumstances

• When an entity is participating in bids requiring specification of capacity limits.
• During decisions on power generation units.
• When an entity is involved in asset management and the de-rated capacity is of importance.

Relevant Sectors

• Energy
• Asset management
• Manufacturing

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