Award Criterion Sample Clauses

Award Criterion. Final choice of firm to execute the project shall be made on the basis of conformity to technical specifications, appropriateness of the product offered, capability of bidder to execute and service the project and appropriateness of financial offer from the point of view of cost- effectiveness over the entire maintenance period for the product/services.
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Award Criterion. The award criterion is that of the Most Economically Advantageous Tender (MEAT) with the best price-quality ratio. The most economically advantageous tender is the Tender with the lowest notional tender price with the best price-quality ratio as determined as follows. The Contracting Authority will determine the notional tender price of a valid Tender by: a) Determining the neutralised present value of the quantitative part of the Tender; b) Correcting the value determined in a) by the notional reduction and/or notional addition in connection with the assessment of the Tender on the basis of the MEAT criteria, all in accordance with schedule 7. For the sake of clarity, the Contracting Authority points out that the present value of the Tender (defined in paragraph 7.6) should not exceed the Ceiling Price, but the neutralised present value of the Tender may exceed the Ceiling Price.
Sample 1
Award Criterion. The contract shall be awarded by applying the criterion of the most economically advantageous offer identified on the basis of the best quality/price ratio, pursuant to Article 108, paragraph 2, of Legislative Decree No. 36/2023. The technical offer and the economic offer will be evaluated on the basis of the following scores: MAXIMUM SCORE Technical Offer Score 70 Economic Offer Score 30 TOTAL 100
Sample 1
Award Criterion. The only award criterion set for the procedure leading to the conclusion of a framework agreement is the price. The value taken into account for the determination of the score for tender Z is calculated following the formula: Global day price = (‘field assignment’ day price x 40) + (‘domicile’ day price x 40) + (‘Enabel head office’ day price x 20) The score for tender Z is calculated as follows:
Sample 1
Award Criterion. One or two framework contract(s) will be awarded by the automatic award procedure to the tender that, while being in order and satisfying the conditions laid down in the present tender specifications, quotes the lowest price for each lot. For that purpose, tenderers are requested to submit a financial offer giving the total all-inclusive (i.e. include all the relevant costs and all expenditure (e.g. management and administrative costs, travel costs, etc…)) fixed price in euro, for the following services: LOT 1: Yearly premium Price 1: Applies if only winning lot 1 Price 2: Applies if winning both lots 1 and 2 LOT 2: Price per person per month (*) Price 1: Applies if only winning lot 2 Price 2: Applies if winning both lots 2 and 1 (*) on the basis of an estimated maximum number of 35 persons (see section 7.2.3 above) For that purpose, tenderers shall complete the price quotation attached as annex 5 to these tender specifications. Tenderers shall bear in mind that all fields are compulsory and non- compliance will lead to exclusion of the tender from the award process.
Sample 1

Related to Award Criterion

  • Award Criteria 40.1 The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender in accordance with procedures in Section 3: Evaluation and Qualification Criteria.

  • Performance Goals A. The Trust and State Street have developed mutually acceptable performance goals dated March 1, 2011 , and as may be amended from time to time, regarding the manner in which they expect to deliver and receive the services under this Agreement (hereinafter referred to as “Service Level Agreement”). The parties agree that such Service Level Agreement reflects performance goals and any failure to perform in accordance with the provisions thereof shall not be considered a breach of contract that gives rise to contractual or other remedies. It is the intention of the parties that the sole remedy for failure to perform in accordance with the provisions of the Service Level Agreement, or any dispute relating to performance goals set forth in the Service Level Agreement, will be a meeting of the parties to resolve the failure pursuant to the consultation procedure described in Sections V. B. and V.C. below. Notwithstanding the foregoing, the parties hereby acknowledge that any party’s failure (or lack thereof) to meet the provisions of the Service Level Agreement, while not in and of itself a breach of contract giving rise to contractual or other remedies, may factor into the Trust’s reasonably determined belief regarding the standard of care exercised by State Street hereunder.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Performance Goal (a) Subject to the following sentence, the Performance Goal is set out in Appendix A hereto, which Appendix A is incorporated by reference herein and made a part hereof. Notwithstanding the foregoing, the provisions of Section 13 or any other provision of this Agreement to the contrary, the Committee reserves the right to unilaterally change or otherwise modify the Performance Goal in any manner whatsoever (including substituting a new Performance Goal). If the Committee exercises such discretionary authority to any extent, the Committee shall provide the Grantee with a new Appendix A in substitution for the Appendix A attached hereto, and such new Appendix A and the Performance Goal set out therein (rather than the Appendix A attached hereto and the Performance Goal set out therein) shall in all events apply for all purposes of this Agreement. (b) Depending upon the extent, if any, to which the Performance Goal has been achieved, and subject to compliance with the requirements of Section 4, each PSU shall entitle the Grantee to receive, at such time as is determined in accordance with the provisions of Section 5, between 0 and 2.0 Shares for each PSU. The Committee shall, as soon as practicable following the last day of the Performance Period, certify (i) the extent, if any, to which, in accordance with Appendix A, the Performance Goal has been achieved with respect to the Performance Period and (ii) the number of whole and/or partial Shares, if any, which, subject to compliance with the vesting requirements of Section 4, the Grantee shall be entitled to receive with respect to each PSU (with such number of whole and/or partial Shares being hereafter referred to as the “Share Delivery Factor”). Such certification shall be final, conclusive and binding on the Grantee, and on all other persons, to the maximum extent permitted by law.

  • PERFORMANCE OBJECTIVES 4.1 The Performance Plan (Annexure A) sets out- 4.1.1 the performance objectives and targets that must be met by the Employee; and 4.1.2 the time frames within which those performance objectives and targets must be met. 4.2 The performance objectives and targets reflected in Annexure A are set by the Employer in consultation with the Employee and based on the Integrated Development Plan, Service Delivery and Budget Implementation Plan (SDBIP) and the Budget of the Employer, and shall include key objectives; key performance indicators; target dates and weightings. 4.2.1 The key objectives describe the main tasks that need to be done. 4.2.2 The key performance indicators provide the details of the evidence that must be provided to show that a key objective has been achieved. 4.2.3 The target dates describe the timeframe in which the work must be achieved. 4.2.4 The weightings show the relative importance of the key objectives to each other. 4.3 The Employee’s performance will, in addition, be measured in terms of contributions to the goals and strategies set out in the Employer’s Integrated Development Plan.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Performance Measures The System Agency will monitor the Grantee’s performance of the requirements in Attachment A and compliance with the Contract’s terms and conditions.

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • System for Award Management (XXX) Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a XXX.xxx proof of registration and Commercial and Government Entity (CAGE) number. Grantee will continue to maintain an active XXX registration with current information at all times during which it has an active award under this Agreement.

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