Formal Quotation definition

Formal Quotation means a document that sets out particular requirements for goods and/or services.
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Formal Quotation means a quotation received after and as a result of advertisement for at least 7 (seven) days together if any other methods of invitation;
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Formal Quotation means a written offer to sell, or a "bid" obtained from suppliers, to supply stipulated goods or services at a particular price based on a document issued by the Municipality for goods or services over $10,000 and less than $25,000;
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Examples of Formal Quotation in a sentence

  • No Formal Quotation will be awarded to a bidder who is not registered on the Centralised Supplier Database (CSD).

  • Formal Quotation will be evaluated in terms of their responsiveness to the quotation specifications and requirements as well as such additional criteria as set out in this set of quotation documents.

  • Enquiries in connection with this quotation, prior to the Formal Quotation closure date or specifications, may be addressed to Mr. H.

  • Enquiries in connection with this quotation, prior to the Formal Quotation closure date or specifications, may be addressed to Mrs.

  • Formal Quotation contractors must adhere to all OH&SA safety requirements when removing all materials from the work areas.

  • No employees of the Corporation shall divide a contract in order to avoid the requirements of the Formal Quotation, Tender or Proposal procedures.

  • Anytime the City releases a new solicitation it will contain a suffix of one of the following types: B = Invitation to Bid (ITB) R = Request for Proposal (RFP) L = Letter of interest (LOI) Q = Request for Qualifications (RFQ) RB/RP = Re-Bid/Proposal FQ = Formal Quotation (RFFQ) IQ = Informal Quotation (RFIQ) HQ = Housing Quotation (RFHQ) This suffix will determine what type of solicitation the City will be procuring.

  • Anytime the City releases a new solicitation it will contain a suffix of one of the following types: B = Invitation to Bid (ITB)R = Request for Proposal (RFP) L = Letter of interest (LOI)Q = Request for Qualifications (RFQ) RB/RP = Re-Bid/ProposalFQ = Formal Quotation (RFFQ) IQ = Informal Quotation (RFIQ) HQ = Housing Quotation (RFHQ) This suffix will determine what type of solicitation the City will be procuring.

  • Enquiries in connection with this quotation, prior to the Formal Quotation closure date or specifications, may be addressed to Ms. A.

  • Council will implement Procurement Procedures and Formal Quotation and Tendering Procedures and other general Procurement Procedures detailed below, that will outline the relevant method of procurement and methodology to follow based on the estimated value of the supply, service or contract.


More Definitions of Formal Quotation

Formal Quotation means a price quotation (fixed as to the total price or on a unit basis or both) for specific and defined Goods or Services that is received from a Bidder in writing in response to a Request for Quotation (Formal).
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Formal Quotation means a written quotation for acquisitions $10,000 and above, in a form approved by the Director of Corporate Services;
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Formal Quotation means a “Quotation” obtained in writing.
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Formal Quotation means an offer in writing by way of a call for Quotation to execute certain specified work or to supply certain specified goods or services at an estimated value of $50,000 to $100,000 and at a specific rate in response to the information contained in the call for quotation.
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Related to Formal Quotation

  • formal written price quotation means quotations referred to in paragraph 12 (1) (c) of this Policy;

  • Request for Quotations means a Written or oral request for prices, rates or other conditions under which a potential Contractor would provide Goods or perform Services, Personal Services or Public Improvements described in the request.

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

  • Reference Treasury Dealer Quotation means, with respect to the Reference Treasury Dealer and any redemption date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at or before 5:00 p.m., New York City time, on the third Business Day preceding such redemption date.

  • Reference Treasury Dealer Quotations means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third business day preceding such redemption date.

  • Reference Government Bond Dealer Quotations means, with respect to each Reference Government Bond Dealer and any date of redemption, the arithmetic average, as determined by the Determination Agent, of the bid and offered prices for the Reference Bond (expressed in each case as a percentage of its nominal amount) at the Quotation Time on the Reference Date quoted in writing to the Determination Agent by such Reference Government Bond Dealer; and

  • Quotation means the offer letter and quotation provided separately to Customer.

  • Specified Time means a time determined in accordance with Schedule 7 (Timetables).

  • Index Number means the Consumer Price Index (Sydney all groups) published by the Australian Bureau of Statistics from time to time.