Formal Procurement definition

Formal Procurement means the procurement of goods and services that must be approved by the Port Commission pursuant to Texas Water Code Chapter 60.
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Formal Procurement means the procurement of goods or services for more than$50,000.
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Formal Procurement means the procurement of goods or services for more than
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Examples of Formal Procurement in a sentence

  • Except as provided below, during the No-Contact Period, Bidders/Proposers are prohibited from communicating with members of the Port Commission and Port Authority employees regarding a Formal Procurement.

  • The Port Commission shall approve in advance the use of an Alternative Procurement Method for making a Formal Procurement.

  • Please use the “Request a Submission Link” on the Formal Procurement Opportunities page of JEA.com to receive a unique, password-protected link.

  • Formal Procurement Methods When the value of the procurement for property or services under a Federal award exceeds the simplified acquisition threshold, or a lower threshold established by the State, formal procurement methods are required.

  • Except as provided below, during the No-Contact Period, any Port Commissioner and any Port Authority employee contacted by a Bidder/Proposer regarding a Formal Procurement shall instruct the Bidder/Proposer to contact the Director of Procurement Services and shall not otherwise communicate with the Bidder/Proposer regarding such Formal Procurement.

  • Each Formal Procurement by the Port Authority which is not exempt from the requirements of Subchapter N will be made in accordance with the competitive bidding or competitive sealed proposal requirements set forth in Subchapter N, unless the Port Commission determines that making the procurement under one of the purchasing methods described in Subchapter O (each an “Alternative Procurement Method”) will provide the best value to the Port Authority.

  • Please use the REQUEST A SUBMISSION LINK on the Formal Procurement Opportunities page of JEA.com to receive a unique, password-protected link.

  • Formal Procurement Rules 49-0200 Solicitation Documents; Required provisions; Assignment or Transfer(1) Solicitation Document.

  • Except in cases of Emergency, Special Procurement, or when only a Single Seller is reasonably available, when procuring Construction-Related Services, Institutions will conduct the procurement in accordance with the Direct Procurement, Informal Procurement, or Formal Procurement method, unless another method is applicable, based on the anticipated Contract Price, including reimbursable expenses and all Change Orders contemplated by the parties.

  • The Chief Executive Officer, or his designee, is delegated the authority to determine the customary method of Formal Procurement that provides the best value to the Port Authority and by its approval of the award of contract, the Port Commission shall ratify such best value determination.


More Definitions of Formal Procurement

Formal Procurement means Procurement by written Notice Inviting Bids and Formal Bid, Request for Proposals, or Request for Qualifications and includes Procurement of Construction, Goods and Services subject to the bidding requirements of Section 2.40.080.
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Related to Formal Procurement

  • e-Procurement means the use of information and communication technology (especially the internet) by the Procuring Entity in conducting its procurement processes with bidders for the acquisition of goods (supplies), works and services with the aim of open, non discriminatory and efficient procurement through transparent procedures;

  • Mis-procurement means public procurement in contravention of any provision of Sindh Public Procurement Act, 2010, any rule, regulation, order or instruction made thereunder or any other law in respect thereof, or relating to, public procurement;

  • Procurement item means an item of personal property, a technology, a service, or a construction project.

  • Cooperative procurement means procurement conducted by, or on behalf of:

  • Public Procurement means the acquisition by any means of goods, works or services by the government;

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Procurement Process means the process commenced by the issuing of this Invitation and concluding upon the award of a contract (or other outcome as determined by Tetra Tech International Development) or upon the earlier termination of the process

  • Procurement means the purchasing, buying, renting, leasing, or otherwise obtaining of any supplies, services, or construction. It includes all functions that pertain to the procurement of any supply, service, or construction item, including description of requirements, selection and solicitation of sources, preparation and award of contract, and all phases of contract administration;

  • Procurement Regulations means, for purposes of paragraph 85 of the Appendix to the General Conditions, the “World Bank Procurement Regulations for IPF Borrowers”, dated November 2020.

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Pendency of the procurement process means the time period commencing with the public notice of the request for proposals and ending with the award of the contract or the cancellation of the request for proposals.

  • Procurement Guidelines means the “Guidelines: Procurement under IBRD Loans and XXX Credits” published by the Bank in May 2004 and revised in October, 2006.