PURCHASE PREFERENCE TO MAKE IN INDIA Sample Clauses

PURCHASE PREFERENCE TO MAKE IN INDIA. As per revised Public Procurement (Preference to Make in India) Order 2017 No. P45021/2/2017-B. E-II Dtd. 16 Sept 2020 issued by Govt. of India to encourage “Make in India” policy, Purchase Preference shall be given to local suppliers in the following manner: (a) The terminology/ definitions used in the said order is as below:
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PURCHASE PREFERENCE TO MAKE IN INDIA. MSE order 2012 is applicable as under: Purchase preference to Micro and Small Enterprises (MSEs): Purchase preference will be given to MSEs as defined in Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012 dated 23.03.2012 issued by Ministry of Micro, Small and Medium Enterprises and its subsequent Orders/Notifications issued by concerned Ministry. If the bidder wants to avail the Purchase preference for services, the bidder must be the Service provider of the offered Service. Relevant documentary evidence in this regard shall be uploaded along with the bid in respect of the offered service. If L-1 is not an MSE and MSE Service Provider (s) has/have quoted price within L-1+ 15% of margin of purchase preference /price band defined in relevant policy, then 100% order quantity will be awarded to such MSE bidder subject to acceptance of L1 bid price.
PURCHASE PREFERENCE TO MAKE IN INDIA. 29.1 Declaration/ Verification of Local Content by Local Supplier: 29.
PURCHASE PREFERENCE TO MAKE IN INDIA. As per revised Public Procurement (Preference to Make in India) Order 2017 No. P45021/2/2017-
PURCHASE PREFERENCE TO MAKE IN INDIA. Not applicable to this tender. 27. Restrictions under rule 144(xi) of general financial rules GFRs, (2017) (Refer Annexure -H) 27.1 Any bidder from a country which shares a land border with India will be eligible to bid in this tender only if the bidder is registered with the Competent Authority. The competent authority for Purpose of registration under this order shall be registration committee constituted by department for promotion of industry and internal trade. (DPIIT) 27.2 Bidder means any person or firm or company, including any member of a consortium or joint venture (that is an association of several persons, or firms or companies), every artificial juridical. Person not falling in any of the descriptions or bidders stated hereinbefore, including any agency branch-or office controlled by such person, participating in a procurement process. 27.3 Bidder from a country which shares a land border with India for the purpose of this Order means: - a) An entity incorporated, established or registered in such a country; or b) A subsidiary of an entity incorporated, established or registered in such a country; or c) An entity substantially controlled through entities incorporated, established or registered in such a country; or d) An entity whose beneficial owner is situated in such a country: or e) An Indian (or other) agent of such an entity; or f) A natural person who is a citizen of such a country; or g) A consortium or joint venture where any member of the consortium or joint venture falls under any of the above. 27.4 The beneficial owner for the purpose of clause no.33.3 above, will be as under 27.4.1 In case of a company or Limited Liability Partnership, the beneficial owner is the natural person (s), who, whether acting alone or together, or through one or more juridical person, has a controlling ownership interest or who exercises control through other means, Explanation: - (A) Controlling ownership interest" means ownership of or entitlement to more than twenty-five per cent. of shares or capital or profits of the company.
PURCHASE PREFERENCE TO MAKE IN INDIA. As per revised Public Procurement (Preference to Make in India) Order 2017 No. P45021/2/2017-B. E-II Dtd. 16 Sept 2020 issued by Govt. of India to encourage “Make in India” policy, Purchase Preference shall be given to local suppliers in the following manner: (a) The terminology/ definitions used in the said order is as below: (i) “Local content” means the amount of value added in India which shall be the total value of item (goods, services or works or their combination) under procurement (excluding net domestic indirect taxes) minus the value of imported content in the item (including all customs duties) as a proportion of the total value in percent. Different definition of Local Content may be specified by the Nodal Ministry for items assigned to them, which will prevail over above. (ii) “Class-I Local Supplier” means a supplier or service provider, whose goods, services or works offered for procurement, meets the minimum local content as prescribed for “Class-I local supplier” under this order (iii) “Class-Il Local Supplier” means a supplier or service provider, whose goods, services or works offered for procurement, meets the minimum local content as prescribed for” Class-II local supplier” but less than that prescribed for “Class-I local supplier” under this order. (iv) “Non-Local Supplier” means a supplier or service provider, whose goods, services or works offered for procurement, has local content less than that prescribed for “Class-II local supplier” under this order. दो बोली जीईएम् -निनिदा जीईएम् /२०२३/बी/४१५७९८३ TWO BID GEM BID GEM/ 2023/B/4157983– BRC for Flushing Activity of Cooling Line of Pipes/ Hoses and Tubes for Project P17A. (v) “Margin of Purchase Preference” the maximum extent to which the price quoted by a “Class-I Local Supplier” may be above the L1 for the purpose of purchase preference. The margin of purchase preference for the present tender is 20%. (vi) L1” means the lowest tender or lowest bid or lowest quotation received in a tender, bidding process or other procurement solicitation as adjudged in the evaluation process as per the tender or other procurement solicitation.
PURCHASE PREFERENCE TO MAKE IN INDIA. Not Applicable.
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PURCHASE PREFERENCE TO MAKE IN INDIA. Order 2017 as per Enclosure 7

Related to PURCHASE PREFERENCE TO MAKE IN INDIA

  • Shift Preference 200 Shift preference will be granted on the basis of seniority within the classification as openings occur. The transfer to the desired shift will be effected within two (2) weeks following the end of the current pay period within which a written request is made, provided the employee can do the work. a. An employee who is assigned to a specific shift based on his/her request shall remain assigned to that shift and not be eligible for another shift preference transfer for a period of six (6) months.

  • Payment of Deferred Underwriting Commission on Business Combination Upon the consummation of the Company’s initial Business Combination, the Company agrees that it will cause the Trustee to pay the Deferred Underwriting Commission directly from the Trust Account to the Underwriters, in accordance with Section 1.3.

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