Common use of Valuation of Procurements Clause in Contracts

Valuation of Procurements. The following provisions shall apply in determining the value of a procurement for purposes of implementing this Chapter: (a) valuation shall take into account all forms of remuneration, including any premiums, fees, commissions and interest receivable; (b) the selection of a valuation method by a government body shall not be made, nor shall any procurement requirement be divided, with the intention of avoiding the application of this Chapter; and (c) in cases where an intended procurement specifies the need for option clauses, the basis for valuation shall be the total value of the maximum permissible procurement, inclusive of optional purchases.

Valuation of Procurements. The following provisions shall apply in determining the value of a procurement for purposes of implementing this Chapter: (a) valuation shall take into account all forms of remuneration, including at least any premiums, fees, commissions and interest receivable;receivable; (b) the selection of a valuation method by a government body shall not be made, nor shall any procurement requirement be divided, with the intention of avoiding the application of this Chapter; Chapter ; and (c) in cases where an intended procurement specifies the need for option clauses, the basis for valuation shall be the total value of the maximum permissible procurement, inclusive of optional purchases.

Valuation of Procurements. The following provisions shall apply in determining the value of a procurement for purposes of implementing this Chapter: (a) valuation shall take into account all forms of remuneration, including at least any premiums, fees, commissions and interest receivable; receivable; (b) the selection of a valuation method by a government body shall not be made, nor shall any procurement requirement be divided, with the intention of avoiding the application of this Chapter; and Chapter ; and (c) in cases where an intended procurement specifies the need for option clauses, the basis for valuation shall be the total value of the maximum permissible procurement, inclusive of optional purchases.

Valuation of Procurements. The following provisions shall apply in determining the value of a procurement for purposes of purposesof implementing this Chapter: : (a) valuation shall take into account all forms of remunerationvaluationshalltakeintoaccountallformsofremuneration, including any premiums, fees, commissions and interest receivable; receivable; (b) the selection of a valuation method by a government body shall not be made, nor shall any procurement requirement be divided, with the intention of avoiding the application of this ofthis Chapter; and and (c) in cases where an intended procurement specifies the need for option clauses, the basis for valuation shall be the total value of the maximum permissible procurement, inclusive of optional purchasesofoptionalpurchases.