Class-I local supplier definition

Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%, as defined under said Order.
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Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%, as defined under this clause.
Sample 1Sample 2Sample 3
Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%.
Sample 1Sample 2Sample 3

Examples of Class-I local supplier in a sentence

  • Thereafter, 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 for that quantity shall be awarded to such 'Class-I local supplier' subject to matching the L1 price for remaining quantity and so on , and contract shall be awarded accordingly.

  • If L1 is 'Class-I local supplier', the contract for full quantity will be awarded to L1.

  • Purchase preference shall be given to 'Class-I local supplier' in procurements in the manner specified here under.

  • The local content requirement to categorize a supplier as 'Class-I local supplier' is minimum 50%.

  • If L-1 is from a Class-I local supplier, the contract for full quantity will be awarded to L-1 at L-1 price by the Purchaser.


More Definitions of Class-I local supplier

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.
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Class-I local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed for ‘Class-I local supplier’ hereunder.
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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 RFP. The ‘local content’ requirement to categorize a supplier as ‘Class I local Supplier’ is minimum 50%.
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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 the Public Procurement (Preference to Make in India), Order 2017.
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Class-I local supplier means a supplier or service provider, whose goods, services or works
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Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, meets the minimum local content of equal to or more than 50%.
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Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%, as defined under the Order No. P-45021/2/2017-PP(BE-II) dated 04.06.2020 issued by Department for Promotion of Industry and Internal Trade (DPIIT). Minimum local content for ‘Class-I local supplier’ shall be 90% for the subject tender.
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