Common use of Procedure for Purchase Preference to Clause in Contracts

Procedure for Purchase Preference to. ‘Class-I local supplier’ in procurement of goods or works which are not divisible in nature and in procurement of services where the bid is evaluated on price alone: APPLICABLE FOR THE SUBJECT TENDER i. Among all qualified bids, the lowest bid will be termed as L1. If L1 is ‘Class-I local supplier’, the contract will be awarded to L1. ii. If L1 is not ‘Class-I local supplier’, the lowest bidder among the ‘Class-I local supplier’, will be invited to match the L1 price subject to Class-I local supplier’s quoted price falling within the margin of purchase preference, and the contract shall be awarded to such ‘Class-I local supplier’ subject to matching the L1 price. iii. In case such lowest eligible ‘Class-I local supplier’ fails to match the L1 price, the ‘Class-I local supplier’ with the next higher bid within the margin of purchase preference shall be invited to match the L1 price and so on and contract shall be awarded accordingly. iv. In case none of the ‘Class-I local supplier’ within the margin of purchase preference matches the L1 price, the contract may be awarded to the L1 bidder.

Appears in 6 contracts

Samples: Maintenance Contract, Maintenance Contract, Annual Rate Contract for Repairing/Maintenance of Gas Flooding System

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Procedure for Purchase Preference to. ‘Class-I local supplier’ in procurement of goods or works which are not divisible in nature and in procurement of services where the bid is evaluated on price alonenature: NOT APPLICABLE FOR THE SUBJECT TENDER i. Among all qualified bids, the lowest bid will be termed as L1. If L1 is ‘Class-I local supplier’, the contract for full quantity will be awarded to L1. ii. If L1 bid is not a ‘Class-I local supplier’, 50% of the order quantity shall be awarded to L1. Thereafter, the lowest bidder among the ‘Class-I local supplier’, will be invited to match the L1 price for the remaining 50% quantity subject to the Class-I local supplier’s quoted price falling within the margin of purchase preference, and the contract for that quantity shall be awarded to such ‘Class-I local supplier’ subject to matching the L1 price. iii. In case such lowest eligible ‘Class-I local supplier’ fails to match the L1 priceprice or accepts less than the offered quantity, the next higher ‘Class-I local supplier’ with the next higher bid within the margin of purchase preference shall be invited to match the L1 price for remaining quantity and so on on, and contract shall be awarded accordingly. iv. In case none of the ‘some quantity is still left uncovered on Class-I local supplier’ within the margin of purchase preference matches the L1 pricesuppliers, the contract then such balance quantity may also be awarded to ordered on the L1 bidder.

Appears in 4 contracts

Samples: Annual Rate Contract, Annual Maintenance Contract, Maintenance Contract

Procedure for Purchase Preference to. ‘Class-I local supplier’ in procurement of goods or works which are not divisible in nature and in procurement of services where the bid is evaluated on price alonenature: NOT APPLICABLE FOR THE SUBJECT TENDER. i. Among all qualified bids, the lowest bid will be termed as L1. If L1 is ‘Class-I local supplier’, the contract for full quantity will be awarded to L1. ii. If L1 bid is not a ‘Class-I local supplier’, 50% of the order quantity shall be awarded to L1. Thereafter, the lowest bidder among the ‘Class-I local supplier’, will be invited to match the L1 price for the remaining 50% quantity subject to the Class-I local supplier’s quoted price falling within the margin of purchase preference, and the contract for that quantity shall be awarded to such ‘Class-I local supplier’ subject to matching the L1 price. iii. In case such lowest eligible ‘Class-I local supplier’ fails to match the L1 priceprice or accepts less than the offered quantity, the next higher ‘Class-I local supplier’ with the next higher bid within the margin of purchase preference shall be invited to match the L1 price for remaining quantity and so on on, and contract shall be awarded accordingly. iv. In case none of the ‘some quantity is still left uncovered on Class-I local supplier’ within the margin of purchase preference matches the L1 pricesuppliers, the contract then such balance quantity may also be awarded to ordered on the L1 bidder.

Appears in 1 contract

Samples: Lease and Maintenance Agreement

Procedure for Purchase Preference to. ‘Class-I local supplier’ supplier ‘in procurement of goods or works which are not divisible in nature and in procurement of services where the bid is evaluated on price alonenature: NOT APPLICABLE FOR THE SUBJECT TENDER i. Among all qualified bids, the lowest bid will be termed as L1. If L1 is ‘Classclass-I local supplier’, the contract for full quantity will be awarded to L1. ii. If L1 bid is not a 'Class-I local supplier', 50% of the order quantity shall be awarded to L1. Thereafter, the lowest bidder among the 'Class-I local supplier’, ' will be invited to match the L1 price for the remaining 50% quantity subject to the Class-I local supplier’s 's quoted price falling within the margin of purchase preference, and the contract for that quantity shall be awarded to such 'Class-I local supplier' subject to matching the L1 price. iii. In case such lowest eligible 'Class-I local supplier' fails to match the L1 priceprice or accepts less than the offered quantity, the next higher 'Class-I local supplier’ with the next higher bid ' within the margin of purchase preference shall be invited to match the L1 price for remaining quantity and so on on, and contract shall be awarded accordingly. iv. In case none of the ‘some quantity is still left uncovered on Class-I local supplier’ within suppliers, then such balance quantity may also be ordered on the margin of purchase preference matches the L1 price, the contract may be awarded to the L1 bidderL1bidder.

Appears in 1 contract

Samples: Customer Facilitation Services Agreement

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Procedure for Purchase Preference to. ‘Class-I local supplier’ supplier ‘in procurement of goods or works which are not divisible in nature and in procurement of services where the bid is evaluated on price alone: APPLICABLE FOR THE SUBJECT TENDER i. Among all qualified bids, the lowest bid will be termed as L1. If L1 is 'Class-I local supplier', the contract will be awarded to L1. ii. If L1 is not 'Class-I local supplier', the lowest bidder among the 'Class-I local supplier', will be invited to match the L1 price subject to Class-I local supplier’s 's quoted price falling within the margin of purchase preference, and the contract shall be awarded to such 'Class-I local supplier' subject to matching the L1 priceL1price. iii. In case such lowest eligible 'Class-I local supplier' fails to match the L1 price, the 'Class-I local supplier' with the next higher bid within the margin of purchase preference shall be invited to match the L1 price and so on and contract shall be awarded accordingly. iv. In case none of the 'Class-I local supplier' within the margin of purchase preference matches the L1 price, ; the contract may be awarded to the L1 bidder.

Appears in 1 contract

Samples: Customer Facilitation Services Agreement

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