Examples of Competent Financial Authority in a sentence
The approval or rejection to tenders(s) rests with Competent Financial Authority (CFA) as applicable, who reserves to himself the right of rejecting any tender in whole or in part of any item in whole or in part in respect of any or all the delivery points shown in the schedule of requirements in Part II or RFP without cause assigned.
Depending upon the acceptance of the comparative statement of tenders (final prices) by the Competent Financial Authority (CFA), a work order may be placed to the successful bidders.
These variations in supplies may be accepted with the approval of Competent Financial Authority (CFA), subject to the value of such excess/short supplies not exceeding 5% (five percent) of the original value of the contract.
Offset proposals will also be incorporated in the note seeking approval of Competent Financial Authority (CFA) for the main procurement proposal for information of the CFA.
The approval or rejection to tenders(s) rests with Competent Financial Authority* (CFA) as applicable, who reserves to himself the right of rejecting any tender in whole or in part of any item in whole or in part in respect of any or all the delivery points shown in the schedule of requirements in Part II or RFP without cause assigned.
Addition/deletion of any station/items will be made subject to orders of the Competent Financial Authority.
With the application of the recommended mitigation and management measures, it is expected that potential impacts associated with the project could be effectively managed to an acceptable level.
Such a person shall be referred to as the Competent Financial Authority (CFA).
The Competent Financial Authority i.e. Flag Officer Commanding-in-Chief, Western Naval Command, Mumbai reserves the right to accept or reject any or all tenders without assigning any reasons whatsoever.
The Competent Financial Authority may direct the local purchase committee responsible for carrying out the market survey to obtain quotations as a part of the market survey.