Commercial Evaluation Sample Clauses

Commercial Evaluation. The Agency has set up a Technology Transfer Programme to stimulate the wider use of technology developed within the European space research community. The goal of this programme is to promote the transfer of innovative technology from space to non-space applications. If specified in the Work Statement that this paragraph is applicable, the Contractor shall dedicate a Work Package to Commercial Evaluation, thus enabling the Agency to evaluate technical and financial possibilities to promote the transfer of technology resulting from the subject activity. As a first iteration, the Contractor shall identify applications which could result from:
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Commercial Evaluation. Tenderers should aim to demonstrate within the Commercial Tender that their overall Tender offers the best mix of quality and effectiveness for the least outlay over the period of using the goods or services required. The Commercial Tender should therefore be clear on whole life costs over the duration of the Call-down Contract, including (but not limited to) cost elements such as: capital, maintenance, management, operating costs. The Commercial Evaluator will review overall balance provided by all sections of the Commercial Tender.
Commercial Evaluation. The Commercial Scoring process was conducted by Corporate Procurement. Scoring was based upon the lowest price gaining the maximum 35%, with all other bids scored on a pro-rata basis against that. Because there was only one bid for Lot 2, the bidder automatically received the full 35%. The amount quoted represents the highest possible price – the best and final offer would be negotiated by Corporate Procurement at a later date.
Commercial Evaluation. Commercial Evaluation will be by as per formula, calculating a percentage by dividing the lowest Financial Offer received by the Financial Offer of a particular Tenderer.

Related to Commercial Evaluation

  • TECHNICAL EVALUATION (a) Detailed technical evaluation shall be carried out by Purchase Committee pursuant to conditions in the tender document to determine the substantial responsiveness of each tender. For this clause, the substantially responsive bid is one that conforms to all the eligibility and terms and condition of the tender without any material deviation. The Institute’s determination of bid’s responsiveness is to be based on the contents of the bid itself without recourse to extrinsic evidence. The Institute shall evaluate the technical bids also to determine whether they are complete, whether required sureties have been furnished, whether the documents have been properly signed and whether the bids are in order.

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