CONTRACT PARTICIPATION. It is the intent of this solicitation and resulting contract to allow for cooperative procurement. Accordingly, any public body, public or private health or educational institutions, or Virginia Tech’s affiliated corporations and/or partnerships may access any resulting contract if authorized by the contractor. Participation in this cooperative procurement is strictly voluntary. If authorized by the Contractor, the resultant contract may be extended to the entities indicated above to purchase at contract prices in accordance with contract terms. The Contractor shall notify Virginia Tech in writing of any such entities accessing the contract, if requested. No modification of this contract or execution of a separate contract is required to participate. The Contractor will provide semi-annual usage reports for all entities accessing the Contract, as requested. Participating entities shall place their own orders directly with the Contractor and shall fully and independently administer their use of the contract to include contractual disputes, invoicing and payments without direct administration from Virginia Tech. Virginia Tech shall not be held liable for any costs or damages incurred by any other participating entity as a result of any authorization by the Contractor to extend the contract. It is understood and agreed that Virginia Tech is not responsible for the acts or omissions of any entity, and will not be considered in default of the contract no matter the circumstances. Use of this contract does not preclude any participating entity from using other contracts or competitive processes as the need may be.
CONTRACT PARTICIPATION. Any public body, public or private health or educational institutions, or Virginia Tech’s affiliated corporations and/or partnerships may access any resulting contract/purchase order if authorized by the contractor. Participating entities shall place their own order(s) directly with the Contractor and shall fully and independently administer their use of the contract/purchase order to include contractual disputes, invoicing and payments without direct administration from Virginia Tech. Virginia Tech shall not be held liable for any costs or damages incurred by any other participating entity as a result of any authorization by the Contractor to extend the contract/purchase order. It is understood and agreed that Virginia Tech is not responsible for the acts or omissions of any entity, and will not be considered in default of the contract/purchase order no matter the circumstances.
CONTRACT PARTICIPATION. It is the intent of this solicitation and resulting contract to allow for cooperative procurement. Accordingly, any public body, public or private health or educational institutions, or Virginia Tech’s affiliated corporations and/or partnerships may access any resulting contract if authorized by the contractor.
CONTRACT PARTICIPATION. Contract Participation is a process by which SANRAL implements Government’s objectives by setting targets relating to small contractor/supplier development and labour enhancement which the successful bidder shall achieve as a minimum.
CONTRACT PARTICIPATION. This cooperative procurement is being conducted by Virginia Tech in conjunction with, and on behalf of, the Department of General Services, Division of Engineering and Buildings (“DEB”) and other public agencies of the Commonwealth of Virginia. It is the intent of this solicitation and resulting contract to allow for cooperative procurement which will be utilized by Virginia Tech, DEB as well as other state agencies. Accordingly, any public body, public or private health or educational institutions, or Virginia Tech’s affiliated corporations and/or partnerships may access any resulting contract if authorized by the Offeror. Participation in this cooperative procurement is strictly voluntary. If authorized by the Offeror, the resultant contract may be extended to the entities indicated above to purchase at contract prices in accordance with contract terms. The Offeror shall notify Virginia Tech in writing of any such entities accessing the contract, if requested. No modification of this contract or execution of a separate contract is required to participate. The Offeror will provide semi-annual usage reports for all entities accessing the Contract, as requested. Participating entities shall place their own orders directly with the Offeror and shall fully and independently administer their use of the contract to include contractual disputes, invoicing and payments without direct administration from Virginia Tech. Virginia Tech shall not be held liable for any costs or damages incurred by any other participating entity as a result of any authorization by the Offeror to extend the contract. It is understood and agreed that Virginia Tech is not responsible for the acts or omissions of any entity, and will not be considered in default of the contract no matter the circumstances. Use of this contract does not preclude any participating entity from using other contracts or competitive processes as the need may be.
CONTRACT PARTICIPATION. Airports Company South Africa aims to contract predominantly with Empowering Suppliers per the definition in P010 004P (ACSA internal transformation policy) were this relates to: • an increase in local production, • raw material beneficiation • retention and employment of black people • the transfer of skills to black owned EME’s and QSE’s.
1. Contract Participation Goals (CPG) CPG refers to the extent to which the contracted resources achieve predetermined transformation objectives, expressed as a percentage (%) of the contract value. Bidders are expected to achieve this target by the end of the project.
2. Bidders are to submit to submit a transformation proposal meeting the CPG target for all contracts over R1m including VAT.
3. CPG for this contract will be at 50% which will consist of the following B-BBEE elements:
3.1. Equity (Target 50%): 40% weighting.
3.2. Management (Target 50%): 10% weighting
3.3. Enterprise and supplier development: 50% weighting
3.4. Socio Economic Development: 2.5% weighting
4. To facilitate achievement of targets set out in 3, and transfer of skills, the tenderer may subcontract up to 30% of the contract value to entities that are women owned, youth owned, PWPDO, or allocate to EME, QSE that are 51% black owned entities.
5. In the event that the Contractor/consultant fails to substantiate that any failure to achieve the contract participation goal relating to the granting of a preference was due to quantitative underruns, the elimination of items, or any other reason beyond the Contractor’s control which may be acceptable to the Employer, the Contractor/Consultant shall be liable to pay to the Employer a financial penalty calculated in the following manner: P = (0,15 x (D – Do) x CA)/100 - where D is the tendered contract participation goal percentage; - Do is the contract participation goal which the Employer’s representative, certifies based on the credits passed, as being achieved upon completion of the contract; - CA is the contract amount. - P is the monetary value of penalty payable No financial award is due for over performance on CPG.
6. Sample score sheet for Calculation of Contract Participation goals. Transformation score sheet (Only Populate the white blocks/cells) Ownership target 51% Method 1 % of contract executed by prime contractor % Black Ownership Effective Total CPG/ Element Weighting CPG 70% 51% 0,357 Method 2 % contract being executed by targeted JV Partners % Black Ownership 20% 100% 0,2 86% 40% Method...
CONTRACT PARTICIPATION. Each component institution of the Client may choose to participate