Competitive Proposals definition

Competitive Proposals means a method of procurement whereby a technical proposal is solicited that explains how the prospective offeror will meet the objectives of the solicitation and a cost element that identifies the costs to accomplish the technical proposal. While price alone is not the sole basis for award, price remains the primary consideration when awarding a contract under the competitive proposal method.
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Competitive Proposals means a method of vendor selection that employs solicitation of a proposal from more than one offeror and uses the procedures set forth in section 4.2 of the Policy. Commentary
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Competitive Proposals means a solicitation method used to secure formal proposals that employs issuing of a request for proposals (RFP), non-public opening of proposals, and award made to the highest ranked or most qualified firm based on predetermined evaluation criteria specified in the RFP of which price or cost may be only one of the elements considered but not the sole factor for award.
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Examples of Competitive Proposals in a sentence

  • Competitive Proposals are generally used when sealed bids are not appropriate.

  • A Proposal will be considered non-responsive to the Invitation to Submit Competitive Proposals and rejected if the Proposer fails to demonstrate, to the reasonable satisfaction of the Aviation Authority, as required by the ACDBE program, that the Proposer has met or provided sufficient evidence of good faith efforts to meet the established ACDBE goal.

  • Competitive Proposals: The technique of competitive proposals is normally conducted with more than one source submitting an offer, and either a fixed price or cost-reimbursement type contract is awarded.

  • Competitive Proposals will be used for those concession or consumer service privileges where type of service, volume of business to be generated, quality of services or products, and demonstrated capability and depth of management, can be clearly differentiated among concessionaires.

  • Raymondville ISD is utilizing the Request for Proposals (RFP) method of procurement in accordance with Texas Education Code §44.031(3) Purchasing Contracts, Request for Proposals for services other than construction services, and 2 CFR 200.320(b) Procurement by Competitive Proposals.

  • Contract Modifications A cost analysis, consistent with federal guidelines, shall be conducted for all contract modifications for projects that were procured through Sealed Bids, Competitive Proposals, or Non-Competitive Proposals, or for projects originally procured through Small Purchase procedures and the amount of the contract modification will result in a total contract price in excess of $100,000.

  • When two or more eligible proposals are received and the total funding requested exceeds the total funding available in the category, these are considered Competitive Proposals, and at least one Applicant will not receive the full amount they have requested.

  • Publish one time in widest circulation paper.b) Competitive Proposals for professional servicesAll bids must be opened publically at the time and place stated in the invitation for bids.

  • The experience requirement must be within the five (5) years immediately preceding the release of the Invitation to Submit Competitive Proposals.

  • Specialty service privileges will be awarded by bidding to specification, competitive Proposals, or by negotiation, in accordance with the criteria set forth under the headings entitled "Bidding to Specifications" and "Competitive Proposals" on Page 3, and "Negotiations" on Page 4, respectively.

Related to Competitive Proposals

  • Competing Proposal shall have the meaning set forth in Section 6.6(f)(i).

  • Competitive Process means either an Open Competition or an Invitational Competition;

  • Competitive Product means a product or service, made or provided by a Competitor, which is the same as or is directly competitive with one with respect to which the Employee acquired confidential information relating to the Company, or its business, products or services by reason of the Employee's work with the Company.

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

  • Competitive solicitation means a formal, advertised procurement process, other than an Invitation to Bid, Request for Proposals, or Invitation to Negotiate, approved by the Board to purchase commodities and/or services which affords vendors fair treatment in the competition for award of a District purchase contract.

  • Competitive Products shall include any product or service that directly or indirectly competes with, is substantially similar to, or serves as a reasonable substitute for, any product or service in research, development or design, or manufactured, produced, sold or distributed by the Company;

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Competitive when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans constituting such Borrowing, are made pursuant to Section 2.04.

  • Responsive Proposal means a Proposal that complies with the material provisions of this RFP.

  • Transaction Proposals has the meaning set forth in Section 5.8.

  • Financial Proposal means the Contractor’s Financial Proposal dated (Financial Proposal date).

  • Bid Proposal or “Proposal” means the bidder’s proposal submitted in response to the RFP.

  • Proposal means the Technical Proposal and the Financial Proposal of the Consultant.

  • Competing Transaction has the meaning set forth in Section 6.1(n).

  • Competitive negotiation means a procedure for contracting for supplies, materials, equipment or contractual services, in which proposals are solicited from qualified suppliers by a request for proposals, and changes may be negotiated in proposals and prices after being submitted.

  • Proposals has the meaning specified in Section 8.02(c).

  • Competitive Position means any employment with a Competitor in which Executive will use or is likely to use any Confidential Information or Trade Secrets, or in which Executive has duties for such Competitor that relate to Competitive Services and that are the same or similar to those services actually performed by Executive for the Company;

  • Business Combination Proposal has the meaning set forth in Section 5.8.

  • Unsolicited proposal means a written proposal for a public-private initiative that is submitted by a private entity for the purpose of entering into an agreement with the department but that is not in response to a formal solicitation or request issued by the department.

  • Competitive contracting means the method described in sections 45 through 49 of P.L.1999, c.440 (C.18A:18A-4.1 through C.18A:18A-4.5) of contracting for specialized goods and services in which formal proposals are solicited from vendors; formal proposals are evaluated by the purchasing agent or counsel or School Business Administrator; and the Board awards a contract to a vendor or vendors from among the formal proposals received.

  • Competitive Sealed Bidding means the competitive process described within an Invitation for Bids, wherein the City invites Offerors to submit bids to supply the City with the Goods and/or Service describes in the Solicitation document, where the City will award the resulting contract to the responsible Offeror submitting the low responsive bid.

  • Technical Proposal means the Contractor’s Technical Proposal dated (Technical Proposal date).

  • 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 Xxxxx 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 Business means any person or entity that engages in any business activity that competes with the Company’s business in any way, in any geographic area in which the Company engages in business, including, without limitation, any state in the United States in which the Company sells or offers to sell its products from time to time.

  • Superior Proposal has the meaning set forth in Section 5.09(a).

  • Competitive bidding means a transparent process for procurement of equipment, services and works in which bids are invited by the project developer by open advertisement covering the scope and specifications of the equipment, services and works required for the project, and the terms and conditions of the proposed contract as well as the criteria by which bids shall be evaluated, and shall include domestic competitive bidding and international competitive bidding;