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By submitting this Proposal, the Proposer represents that the Proposer has examined copies of all. the Contract Documents and hereby acknowledges they have verified that the Proposer is in receipt of the. Addenda listed below and that the proposed price reflects the inclusion of these Addenda.
Bid or Tender means the contractor's priced offer to the Employer for the execution and completion of the Works and the remedying of any defects therein in ance with the provisions of the Contract, as accepted by the Letter of Acceptance.
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.
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.