Competitive Quotations definition

Competitive Quotations means the procurement of Goods and/or Services, in accordance with the provisions of Section “6” herein.
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Competitive Quotations means a quotation in the prescribed form submitted in response to an advertisement or request for construction, goods or services;
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Competitive Quotations means the solicitation procedure commenced by a request for quotations and in response to which a person solicited submits a quotation;
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Examples of Competitive Quotations in a sentence

  • The applicant may also be called for explaining or clarifying issues, if there be any. Decision of the SC on selection of the Organization is final.Bid – ‘B’ (Financial Bid) Competitive Quotations are invited from organizations/agencies for Implementation of Selection of Private Partner for Establishment of Fair Price Medicine Shops at Government Hospitals under Public Private Partnerships (PPP).

  • Competitive Quotations for Projects Under the Bid ThresholdThe first new category created for those projects for which the estimated cost did not rise to the level requiring complete adherence to the competitive bidding laws was the provision permitting “competitive quotations.” Competitive quotations were codified in Iowa Code Section 26.14.

  • Competitive Quotations shall be solicited through the issuance of a Request for Quotations (RFQ).

  • It is anticipated that Board of County Commissioner approval of the agreement will occur in August.

  • Competitive Quotations for Projects Under $100,000Effective January 1, 2007, a competitive quotation system was instituted.

  • Characterizing the rules of the special legislation that regulate certain types of the special nature management, we would note that the difference in approaches and in the content of the legal regulation of certain types of natural resources is explained by their special features.

  • TENDER DOCUMENTBid – ‘A’ (Technical Bid) Competitive Quotations are invited from organizations/agencies for Implementation of Selection of Private Service Provider for Operation and maintenance of 1.5 Tesla MRI services at Kalimpong District hospital under Public Private Partnerships (O & M Mode – CAPEX by Govt) The tender document for this may be accessed from the website https://wbtenders.gov.in , the Bid documents are to be submitted on line.

  • Professional services are typically procured via this method. Competitive Quotations for amounts up to $10,000.00Transactions greater than $2,999.99 but not exceeding $10,000.00 shall require competitive quotations, either verbal or written, from at least three (3) vendors.

  • Government of West Bengal Department of Health & Family Welfare, Issued on : 07.12.2016 Memo No. HF/PPP/1/2012/Pt-V/ 753 Dated:02.12.2016 Competitive Quotations are invited from organizations/agencies for Implementation of Selection of Private Partner for Operation and Management of Digital X-ray (DR) services at: 02.

  • If the supply, service, or construction is available from one business only, the sole source procurement method set forth in Section 3-205 (Sole Source Procurement) shall be used.3-204.03 Small Purchases Less Than $10,000 (Micro-Purchases).(1) Competitive Quotations Not Required.

Related to Competitive Quotations

  • Indicative Quote means a Quote at which the Company has the right not to accept any Instructions or execute any Orders.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Administrative Questionnaire means an Administrative Questionnaire in a form supplied by the Administrative Agent.

  • Alternative Currency Term Rate means, for any Interest Period, with respect to any Credit Extension:

  • Competitive Range means the responsive submissions that meet the evaluation criteria and are considered to be reasonably susceptible of award.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.

  • LIBOR Market Index Rate means, for any day, LIBOR as of that day that would be applicable for a LIBOR Loan having a one-month Interest Period determined at approximately 10:00 a.m. Central time for such day (rather than 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period as otherwise provided in the definition of “LIBOR”), or if such day is not a Business Day, the immediately preceding Business Day. The LIBOR Market Index Rate shall be determined on a daily basis.

  • Designated LIBOR Currency means the currency or composite currency specified on the face hereof as to which LIBOR shall be calculated. If no such currency or composite currency is specified on the face hereof, the Designated LIBOR Currency shall be United States dollars.

  • Reference biological product means the single biological product licensed pursuant to 42 U.S.C.

  • Alternative Currency Term Rate Loan means a Committed Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Non-LIBOR Quoted Currency means any currency other than a LIBOR Quoted Currency.

  • Absolute Rate Auction means a solicitation of Competitive Bid Quotes setting forth Competitive Bid Absolute Rates pursuant to Section 2.03.

  • 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.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Screen Rate Determination is specified in the relevant Final Terms as the manner in which the Interest Rate is to be determined and the Reference Rate is specified in the relevant Final Terms as being “Compounded Daily XXXXX”, the Interest Rate for a XXXXX Interest Accrual Period (as defined below) will, subject as provided below, be the Compounded Daily XXXXX Formula Rate with respect to such XXXXX Interest Accrual Period plus or minus (as indicated in the relevant Final Terms) the Margin (if any). In these Conditions:

  • Absolute Rate means a fixed rate of interest expressed in multiples of 1/100th of one basis point.

  • Reference Rate Screen Page means the Reference Rate Screen Page, as specified in § 2 of the Product and Underlying Data (or on any successor page, which will be notified by the Calculation Agent pursuant to § 6 of the General Conditions).

  • Designated Eurodollar Market means, with respect to any Eurodollar Rate Advance, the London Eurodollar Market.

  • Euro-Dollar Business Day means any Domestic Business Day on which commercial banks are open for international business (including dealings in dollar deposits) in London.

  • Interpolated Screen Rate means, with respect to any Eurocurrency Loan denominated in any currency for any Interest Period, a rate per annum which results from interpolating on a linear basis between (a) the applicable Screen Rate for the longest maturity for which a Screen Rate is available that is shorter than such Interest Period and (b) the applicable Screen Rate for the shortest maturity for which a Screen Rate is available that is longer than such Interest Period, in each case as of approximately 11:00 a.m. (London time) on the Quotation Day.

  • Money Market Absolute Rate has the meaning set forth in Section 2.03(d).

  • Index Currency means USD.

  • Bid Rate Quote means an offer by a Bank to make a Bid Rate Loan in accordance with Section 2.02.

  • written quotations means quotations referred to in paragraph 12(1)(b) of this policy.

  • 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.

  • Full Quotation means, in accordance with the Quotation Method, each firm quotation obtained from a Dealer at the Valuation Time, to the extent reasonably practicable, for an amount of the Reference Obligation with an outstanding principal balance equal to the Quotation Amount;