Relative Importance Sample Clauses

Relative Importance. The evaluation factors include: Technical Capability (Factor 1), Past Performance (Factor 2), and Price (Factor 3). Of the three (3) factors, Technical Capability is more important than Past Performance, which is more important than Price. Technical Capability and Past Performance when combined is more important than Price. Within the Technical Capability factor, sub-factor (A) - Experience, is more important than sub-factor (B) – Manpower/Capability Resources and sub-factor (C) – Organization/Management combined. Sub-factor (B) and sub- factor (C) are of equal importance. Within the Past Performance factor, sub-factors (A) and (B) and (C) are of equal importance. 1 (Most Important) (1) TECHNICAL CAPABILITIES 2 (2) PAST PERFORMANCE 3 (3) PRICE 1 (Most Important) (A) EXPERIENCE 2 (B) MANPOWER/CAPABILITIES RESOURCES 3 (C) ORGANIZATION/MANAGEMENT RANKING WEIGHT: SUB-FACTOR (A) > SUB-FACTOR (B) + SUB-FACTOR (C) SUB-FACTOR (B) = SUB-FACTOR (C)
Sample 1
Relative Importance. The following table establishes all significant factors and significant subfactors that will be considered in awarding the Contract: FACTORS SUBFACTORS 1. Technical Capability Subfactor 1: Transducer Design, Performance, and Manufacturing Subfactor 2: Administrative Aspects 2. Past Performance None 3. Small Business Participation None 4. Total Evaluated Price None The relative importance of factors is as follows: Technical Capability and Past Performance are of equal importance, while Small Business Participation is the least important. Within Technical Capability, subfactors are listed in descending order of relative importance. All evaluation factors other than Price (Technical Capability, Past Performance, and Small Business Participation), when combined, are significantly more important than Price. Price will increase in importance as competing proposals approach Technical Capability / Past Performance / Small Business Participation equality, or when it is so significantly high as to diminish the value of technical superiority to the Government.
Sample 1
Relative Importance. The following table establishes all significant factors that will be considered in awarding the Contract:
Sample 1
Relative Importance. The term “relative importance” referred to in the list of machinery and plant insured shall be the percentage effect which a breakdown of a particular machine will have on the total gross profit, disregarding any loss- minimizing measures. If in the event of an accident affecting an insured item of machinery the percentage of relative importance stated in the list of machinery and plant insured for this item is lower than the actual percentage of relative importance subsequently arrived at for the period of interruption, the Company shall only be liable to indemnify the proportion which the percentage of relative importance stated in the list of machinery and plant insured bears to the actual percentage.
Sample 1
Relative Importance. Among the evaluation factors considered in the tradeoff decision, Technical, Past Performance and Cost/Price are listed in descending order of importance with Factor 1 (Technical) being most important, Factor 2 (Past Performance) next in importance and Factor 3 (Cost/Price) is last in importance. Within the Technical Factor, the subfactors are in equal order of importance. In accordance with FAR 15.304(e) and DFARS 215.300, Technical, which includes the technical rating and technical risk rating, and Past Performance, when combined, are significantly more important than cost/price.
Sample 1

Related to Relative Importance

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  • Teaching Experience Recognized Years of Experience: Uncredited Experience:

  • Maintaining Confidential Information Executive reaffirms his obligations under the Confidentiality Agreement. Executive acknowledges and agrees that the payments provided in Section 3 above shall be subject to Executive’s continued compliance with Executive’s obligations under the Confidentiality Agreement.

  • Career Development The City and the Union agree that employee career growth can be beneficial to both the City and the affected employee. As such, consistent with training needs identified by the City and the financial resources appropriated therefore by the City, the City shall provide educational and training opportunities for employee career growth. Each employee shall be responsible for utilizing those training and educational opportunities made available by the City or other institutions for the self- development effort needed to achieve personal career goals.

  • Adverse Developments Since June 30, 2009, there has been no material adverse change in the business, operations or condition (financial or otherwise) of the Company; nor has there been since such date, any damage, destruction or loss, whether covered by insurance or not, materially or adversely affecting the business, properties or operations of the Company.

  • Familiarity with Work By executing this Agreement, Consultant warrants that Consultant (i) has thoroughly investigated and considered the scope of services to be performed, (ii) has carefully considered how the services should be performed, and (iii) fully understands the facilities, difficulties and restrictions attending performance of the services under this Agreement. If the services involve work upon any site, Consultant warrants that Consultant has or will investigate the site and is or will be fully acquainted with the conditions there existing, prior to commencement of services hereunder. Should the Consultant discover any latent or unknown conditions, which will materially affect the performance of the services hereunder, Consultant shall immediately inform the City of such fact and shall not proceed except at Consultant’s risk until written instructions are received from the Contract Officer.