Award of a contract Sample Clauses

Award of a contract. 1. The award decision shall be adopted by the Commission on its own behalf and on behalf of the participating Contracting Parties, in accordance with Article 113(1) of the Financial Regulation and Articles 149 and 159(3) of the Rules of Application, after approval by the Specific Procurement Procedure Steering Committee in accordance with Article 7. 2. The Commission proposal shall be accompanied by a copy of the written records of the evaluation referred to in Article 10(3), as well as, where the Commission proposes not to follow the recommendations of the evaluation committee, by a note substantiating the reasons for which they are not being followed. 3. The award decision shall be notified simultaneously to all successful and unsuccessful tenderers or candidates in accordance with Article 161(3) of the Rules of Application.
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Award of a contract. A contract may be awarded to the Successful Proposer(s) of this RFQ by the Town Council, based upon the qualification requirements and Town Manager’s recommendation. The Town reserves the right to execute or not execute, as applicable, a contract with the Successful Proposer(s), where it is determined to be in the Town’s best interests. The Town reserves the right to cancel this solicitation entirely, in which case no award will be made. Therefore, the Town does not represent that any award will be made.
Sample 1
Award of a contract. The award decision shall be adopted by the Commission on its own behalf and on behalf of the participating Contracting Parties, in accordance with Article 113(1) of the Financial Regulation and Articles 149 and 159(3) of the Rules of Application, after approval by the Specific Procurement Procedure Steering Committee in accordance with Article . The Commission proposal shall be accompanied by a copy of the written records of the evaluation referred to in Article (3), as well as, where the Commission proposes not to follow the recommendations of the evaluation committee, by a note substantiating the reasons for which they are not being followed. The award decision shall be notified simultaneously to all successful and unsuccessful tenderers or candidates in accordance with Article 161(3) of the Rules of Application. After the award decision is adopted, and without prejudice to Article 114 of the Financial Regulation, the participating Contracting Parties shall sign the contract. A contract with a selected tenderer shall be approved by the SPPSC in accordance with Article , before it is signed if or to the extent that it differs substantively from the draft contract, approved in accordance with Article 16(2)(d). For the purposes of the first subparagraph, a contract with a selected tenderer shall not be deemed to differ substantively from a draft contract where differences are limited to the insertion of particulars that are missing in the draft contract. The signing of the contract shall be subject to the rules on standstill provided for in Article 171 of the Rules of Application. The contract shall not enter into force until it is signed by the contractor and the participating Contracting Parties pursuant to paragraph 1. In cases of urgency, after the award decision is adopted and without prejudice to Article 114 of the Financial Regulation, the SPPSC may approve, in accordance with Article , to authorise the Commission to sign the framework contract on behalf of and for the account of all the participating Contracting Parties. Article  The Commission shall be the sole point of contact between the Contracting Parties and economic operators, candidates, tenderers, or their representatives, concerning any matter pertaining to the joint procurement procedure. The Commission shall adopt and publish arrangements for contact with economic operators or their representatives on its website prior to the launch of the joint procurement procedure. After the launch...
Sample 1

Related to Award of a contract

  • Award of Contract PLACE MENT OF ORDER (a) The Institute shall consider placement of orders for jobs on those bidders whose offers have been found technical, commercially and financially acceptable. The Institute reserves the right to counter offer price(s) against price(s) quoted by any bidder.

  • – AWARD OF CONTRACTS II.9.1 If the beneficiaries have to conclude contracts in order to carry out the action and they constitute costs of the action under an item of eligible direct costs in the estimated budget, they shall award the contract to the bid offering best value for money; in doing so, they shall take care to avoid any conflict of interests. II.9.2 Contracts as referred to in paragraph 1 may be awarded only in the following cases: a) they may only cover the execution of a limited part of the action; b) recourse to the award of contracts must be justified having regard to the nature of the action and what is necessary for its implementation; c) the tasks concerned must be set out in Annex I and the corresponding estimated costs must be set out in detail in the budget in Annex II; d) any recourse to the award of contracts while the action is under way, if not provided for in the initial grant application, shall be subject to prior written authorisation by the Commission; e) the beneficiaries shall retain sole responsibility for carrying out the action and for compliance with the provisions of the agreement. The beneficiaries must undertake to make the necessary arrangements to ensure that the contractor waives all rights in respect of the Commission under the agreement; f) the beneficiaries must undertake to ensure that the conditions applicable to them under Xxxxxxxx XX.0, XX.0, XX.0, XX.0, XX.0, XX.0, II.10 and II.20 of the agreement are also applicable to the contractor.

  • Conditions for Award of Contract The Borrower shall not award any Works contract which involves environmental impacts until:

  • Award of Option This Agreement evidences the grant to the Optionee of an option (the “Option”) to purchase [ ] shares of the Company’s Common Stock (the “Option Shares”). The Option is subject to the terms set forth herein, and in all respects is subject to the terms and provisions of the Plan, which terms and provisions are incorporated herein by this reference. Except as otherwise specified herein or unless the context herein requires otherwise, the terms defined in the Plan will have the same meanings herein.

  • Award Agreement Each Option shall be evidenced by an Award Agreement that shall specify the Exercise Price, the expiration date of the Option, the number of Shares to which the Option pertains, any conditions to exercise of the Option, and such other terms and conditions as the Committee, in its discretion, shall determine. The Award Agreement shall specify whether the Option is intended to be an Incentive Stock Option or a Non-qualified Stock Option.

  • Service Award Named Plaintiff may apply to the Court for a service award of up to ten thousand dollars ($10,000). Subject to the Court’s approval, the service award shall be paid from the Settlement Fund ten (10) days after the Effective Date.

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

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Award Award shall be made on an all-or-none total estimated bid basis to the lowest responsive and responsible Bidder.

  • METHOD OF AWARD AND PROCEDURE FOR AWARDING A SOW AGREEMENT 5.1. Contractor selection, or the determination to terminate the SOW-RFP without award, shall be done in the best interest of the State.

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