Formal competition definition

Formal competition means a competitive selection process that employs a request for proposals or other means of competitive selection authorized by applicable law and results in procurement of a good or service.
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Formal competition means a competitive selection process that employs a request for proposal or other competitive selection process authorized by applicable law resulting in a service contract.
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Formal competition means a competitive selection process other than informal competition, including without limitation a request for proposals or request for bids, and which results in the procurement of information technology.
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Examples of Formal competition in a sentence

  • Business Owner: First Step 0532, LLC d/b/a: Underwood MarketApplicant: Ajay A.

  • Formal competition is required by law for the procurement of supplies, equipment and general services pursuant to Public Contract Code §20111.

  • Formal competition or a sole source justification are required for orders exceeding $100,000Please involve Purchasing as soon as possible.

  • Formal competition requires that the solicitation be publicly advertised, and sealed bid responses are due on a specified date at a specified time at which time an official bid opening will be held.

  • Id. The Third Circuit rejected that basis for denying benefits, pointing out that if by “objective medical evidence” the plan administrator meant evidence sufficient to persuade the plan administrator that the claimant could not engage in any substantial gainful work, then the decision to deny benefits was based ona severe mischaracterization of the administrative record.

  • Formal competition may be waived by the ISD Director for expenditures up to $250,000, and by the Board of County Commissioners for awards greater than $250,000.

  • Figure 3: Political exclusion and inclusion Inclusiveness Coercive state, likely to face armed challenge Stable ‘dictatorship’ State plagued by election-related instability Stable ‘democracy’Low High Low Formal competition High The ideal-typical state defined by the upper left quadrant has a political system with low levels of competition which excludes, to a high degree, one or more politically significant groups from power.

  • Formal competition for financing (particularly for smaller projects) may result in administrative costs that exceed the value of the competition.

  • Formal competition is closed or open contests in which teams or individuals are officially designated by a local YMCA to represent that YMCA and for which entry fees are charged, standings are kept, awards given, and records and championships are contested.

  • Formal competition may interrupt or delay current services by potentially having multiple vendors providing services at the same site, creating confusion, and operational inefficiencies.


More Definitions of Formal competition

Formal competition means the acquisition of Goods and Services governed by competitive bidding law utilizing an Invitation to Tender, a Request for Proposal, an Expression of Interest, etc;
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Formal competition means a solicitation process that requires bids or proposals to be submitted in a prescribed format in a sealed envelope, sealed package, or electronic means to be opened at a specified time.
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Formal competition means the acquisition of Goods and/or Services governed by competitive bidding law utilizing an Invitation to Tender, a Request for Proposal, an Expression of Interest, or some other competitive mechanism;
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Formal competition means the acquisition of goods or services governed by competitive bidding law with formal public advertising utilizing an request to tender, a request for proposal, an expression of interest, etc.
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Formal competition means the process of advertising and receiving sealed bids or proposals from prospective contractors or suppliers. Responses to formal solicitations are opened in a public setting.
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Formal competition means the acquisition of goods or services governed by competitive bidding law with formal public advertising utilizing an request to tender, a request for proposal, an expression of interest, etc.
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Related to Formal competition

  • Non-Competition Period means the period the Executive is employed by the Company plus one (1) year from the Termination Date if the Executive's employment is terminated (i) by the Company for any reason, (ii) by the Executive for any reason, or (iii) by reason of either the Company's or the Executive's decision not to extend the term of this Agreement as contemplated by Section 1 hereof.

  • Competition Match means any match played or to be played under the jurisdiction of the Competition.

  • Non-Competition Agreements has the meaning set forth in the Recitals.

  • Competition or “Competitions” means any competition comprised within the Event where the winner is awarded a prize. A Competition may be comprised of one or more qualification phase/sections, runs or heats, including official training sessions. In the FIS Rules, Competitions are sometimes also referred to as “races”.

  • employment zone means an area within Great Britain designated for the purposes of section 60 of the Welfare Reform and Pensions Act 1999 and an “employment zone programme” means a programme established for such an area or areas designed to assist claimants for a jobseeker’s allowance to obtain sustainable employment;

  • Competitive employment means work in the competitive labor market that is performed on a full–time or part–time basis in an integrated setting and for which an individual is compensated at or above the minimum wage, but not less than the customary wage and level of benefits paid by the employer for the same or similar work performed by individuals who are not disabled.

  • Employment means any occupation, vocation or employment, or any form of vocational or educational training. Provided, however, that "employment" shall not, for the purposes of this article, include membership in any law enforcement agency.

  • Non-Compete Period means the period commencing on the Effective Date and ending twelve months after the earlier of the expiration of the Employment Period or the Executive’s Date of Termination.

  • Supported employment means the ongoing supports to participants who, because of their disabilities, need intensive ongoing support to obtain and maintain an individual job in competitive or customized employment, or self-employment, in an integrated work setting in the general workforce at or above the state’s minimum wage or at or above the customary wage and level of benefits paid by the employer for the same or similar work performed by individuals without disabilities. The outcome of this service is sustained paid employment at or above the minimum wage in an integrated setting in the general workforce in a job that meets personal and career goals. Supported employment services can be provided through many different service models.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • converted employment and support allowance means an employment and support allowance which is not income-related and to which a person is entitled as a result of a conversion decision within the meaning of the Employment and Support Allowance (Existing Awards) Regulations 2008;

  • Non-Compete Agreement means that certain Non-Compete Agreement between the Company and the Executive in substantially the form attached hereto as Exhibit B.

  • Employment benefits means all benefits provided or made

  • Severance Term means a twelve (12) month period following Executive’s termination by the Company without Cause (other than by reason of death or Disability) or by Executive for Good Reason, and subject to Sections 8(h) and 12 below.

  • contributory employment and support allowance means an allowance under Part 1 of the Welfare Reform Act 2007 as amended by the provisions of Schedule 3, and Part 1 of Schedule 14, to the Welfare Reform Act 2012 that remove references to an income-related allowance and a contributory allowance under Part 1 of the Welfare Reform Act 2007 as that Part has effect apart from those provisions;

  • Employment Agreement has the meaning specified in the recitals to this Agreement.