Earned credit certificate definition

Earned credit certificate means a certificate issued by the Chief Procurement Officer evidencing the amount of earned credit a contractor has been awarded.

Earned credit certificate means a certificate issued by the Chief Procurement Officer evidencing the amount of earned credit a contractor has been awarded. The CPO shall award a bid incentive to Contractor for utilization of a BEPD as a prime contractor or subcontractor in accordance with the provisions of this section. The bid incentive shall be earned in the performance of the Contract, provided that the bid incentive earned in the performance of the Contract shall only be applied to a future contract. Where not otherwise prohibited by federal, state, or local law, the CPO shall allocate to any qualified bidder the following bid incentive for utilization of a BEPD as a prime contractor or subcontractor in the performance of the contract. % of total dollar contract amount performed by BEPD Bid incentive 2 to 5% ½% of the contract base bid 6 to 10% 1% of the contract base bid 11% or more 2% of the contract base bid The bid incentive shall be calculated and applied in accordance with the provisions of this section. The bid incentive is used only to calculate an amount to be used in evaluating the bid. The bid incentive does not affect the contract price. As part of the contract close-out procedure, if the CPO determines that the Contractor has successfully met his or her BEPD utilization goals either as a prime contractor or with subcontractors, the CPO shall issue an earned credit certificate that evidences the amount of earned credits allocated to the Contractor. The Contractor may apply the earned credits as the bid incentive for any future contract bid of equal or less dollar amount. The earned credit certificate is valid for three years from the date of issuance and shall not be applied towards any future contract bid after the expiration of that period. The Contractor may apply the earned credit certificate on multiple future contract bids during the three-year period in which the certificate is valid, but may only receive one bid incentive for bid evaluation purposes on one contract award. If the Contractor applies the earned credit certificate on multiple contract bids and is the lowest responsive and responsible bidder on more than one contract bid, the earned credit certificate shall be applied to the contract bid first to be advertised by the Department of Procurement Services, or if multiple contract bids were advertised on the same date, the earned credit certificate shall be applied only to the contract bid with the greatest dollar value The Contractor shall maintain a...

Earned credit certificate means a certificate issued by the Chief Procurement Officer evidencing the

Examples of Earned credit certificate in a sentence

• Earned credit certificate over18 units, associate degree, CCC bachelor’s degree • Among all students, the unduplicated number of students who earned various types of awards within a year of last enrolling.

• Completion of transfer level math and English Earned credit certificate over18 units, associate degree, CCC bachelor’s degree • Among all students, the unduplicated number of students who earned various types of awards within a year of last enrolling.

• Earned credit certificate over 18 units, associate degree, CCC bachelor’s degree2014/15 = 1,9772015/16 = 2,3522016/17 = 2,3992017/18 = 2,550Source: SSMGoal +5% = 2667In 2019-2022, DVC will increase the number of students who earn a certificate over 18 units or an associate degree by providing more intentional and intrusive student touchpoints to review and check- in on student progress toward educational goals.Students will have access to accurate progress toward goals via Student Planning.

• Messaging/communications for students with accessibility needs Earned credit certificate over 18 units, associate degree, CCC bachelor’s degree During 2017-2018, 754students earned ADT as well as 1,406 students earned AA/AS degree and 136 earned a credit certificate Increase the number of students earning degrees and certificates by 25% by 2021-2022 , which will entail 942 students with ADT, 1758 with AA/AS degrees and 170 who will have earned a credit certificate1.

More Definitions of Earned credit certificate

Earned credit certificate means a certificate issued by the Executive Director evidencing the amount of earned credit a contractor has been awarded.