Regular Dealer Sample Clauses
The 'Regular Dealer' clause defines the requirements or qualifications for a party to be considered a regular dealer of certain goods or services under the agreement. Typically, this clause specifies that the dealer must consistently engage in the business of selling the relevant products, maintain a certain level of inventory, or meet other standards of commercial activity. For example, it may require that the dealer has an established place of business and a history of regular sales. The core function of this clause is to ensure that only parties with sufficient experience and reliability are recognized as regular dealers, thereby reducing the risk of dealing with unqualified or inexperienced suppliers.
Regular Dealer. A DBE/SBE that owns, operates, or maintains a store, warehouse, or other establishment in which the materials, supplies, articles or equipment of the general character described by the specifications and required under the contract are bought, kept in stock, and regularly sold or leased to the public in the usual course of business. To be a regular dealer, the firm must be an established, regular business that engages, as its principal business and under its own name, in the purchase and sale or lease of the products in question. A person may be a regular dealer in such bulk items as petroleum products, steel, cement, gravel, stone, or asphalt without owning, operating, or maintaining a place of business as provided above if the person both owns and operates distribution equipment for the products. Any supplementing of regular dealers' own distribution equipment shall be by a long-term lease agreement and not on an ad hoc or contract-by-contract basis. Whether a DBE/SBE firm meets the criteria for being treated as a regular dealer is a contract-by-contract determination to be made by the Department.
Regular Dealer. A DBE/SBE that owns, operates, or maintains a store, warehouse, or other establishment in which the materials, supplies, articles or equipment of the general character described by the specifications and required under the contract are bought, kept in stock, and regularly sold or leased to the public in the usual course of business. To be a regular dealer, the firm must be an established, regular business that engages, as its principal business and under its own name, in the purchase and sale or lease of the products in question. A person may be a regular dealer in such bulk items as petroleum products, steel, cement, gravel, stone, or asphalt without owning, operating, or maintaining a place of business as provided above if the person
Regular Dealer. 11 You may claim credit for 60 percent of the value of the materials or supplies 12 purchased from a DBE regular dealer. Rules applicable to regular dealer status are 13 contained in 49 CFR Part 26.55.e.2. 14 15 To be considered a regular dealer you must meet the following criteria: 16
Regular Dealer. If the materials or supplies are purchased from a DBE performing in a regular dealer, count 60% of the cost of the materials or supplies. Note: There is no North American Industry Classification System (NAICS) code for regular dealer.
Regular Dealer. If the materials or supplies are purchased from a DBE regular dealer, count 60 percent of the cost of the materials or supplies. A regular dealer is a firm that owns, operates, or maintains a store, warehouse, or other establishment in which the materials, supplies, articles or equipment of the general character described by the specifications and required under the contract are bought, kept in stock, and regularly sold or leased to the public in the usual course of business.
(1) To be a regular dealer a firm must be an established, regular business that engages, as its principal business and under its own name, in the purchase and sale or lease of the products in question.