Competitive Basis definition

Competitive Basis means any of the Source Selection Methods enumerated in Paragraph B of Section 3 of these Guidelines.
Competitive Basis means the utilization of any of the competitive procurement methods enumerated in Part IV of this Policy.
Competitive Basis means a process for awarding grants as defined below which includes notification to the general public and to qualified Iowa institutions or companies about the scope of the program sought by INTERNET, the process for application, and the deadline for the application.

More Definitions of Competitive Basis

Competitive Basis means, when used with reference to the provision of management of services hereunder, the performance of services at a cost competitive with third party costs for equivalent management services in the geographic regions where each Vessel is operated, including, but not limited to, management fees and operating expenses (running costs) taking into account considerations of flag and crew nationality for each Vessel when compared with other vessels employed in comparable service and trading in the same geographic region. Such considerations shall be based on a comparison with similar vessels sailing under a Northern European registry, such as the Netherlands, Norway, Isle of Man or the United Kingdom, with officers and crew of Northern European nationality. The reference herein to "third party" shall be deemed to be a reference to other ship managers or vessel operators who provide comparable services and meet comparable standards as are required by customers and regulatory authorities in the areas of operation of each Vessel, including the standards set forth in clause 2.2 hereof.

Related to Competitive Basis

  • Competitive Bid Loan means a Eurodollar Bid Rate Loan or an Absolute Rate Loan, or both, as the case may be.

  • Competitive Set As defined in the STR Reports. Lessor and Lessee shall work in good faith to determine any additions and deletions to the Hotel’s Competitive Set, on or before November 15th of each year, with such changes to be applicable for the following Fiscal Year. In the event Lessor and Lessee cannot agree to the Hotel’s Competitive Set by November 15th of any year, such unagreed items shall be determined by ▇▇▇▇▇ Travel Research (or, if it refuses or is unable to do so, by arbitration pursuant to Section 25.2). The costs of resetting the Hotel’s Competitive Set shall be borne equally by the parties.

  • Competitive Range means the Offerors with whom the College will conduct discussions or negotiations if the College intends to conduct discussions or negotiations in accordance with its own rules.

  • Competitive Bid Advance means an advance by a Lender to the Borrower as part of a Competitive Bid Borrowing resulting from the auction bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance, a LIBO Rate Advance or a Local Rate Advance, as the context may require.

  • Competitive Bid Margin means the margin above or below the applicable Eurodollar Base Rate offered for a Eurodollar Bid Rate Loan, expressed as a percentage (rounded to the nearest 1/100 of 1%) to be added or subtracted from such Eurodollar Base Rate.