Formal written price quotations definition

Formal written price quotations means quotations referred to in paragraph 12 (1) (c) of this policy;
Sample 1Sample 2Sample 3
Formal written price quotations means quotations in writing;
Sample 1Sample 2Sample 3
Formal written price quotations means quotations for items or services to a value of more than R 10 000. Refer to paragpraph 14 (1) (c).
Sample 1

Examples of Formal written price quotations in a sentence

  • Regulation 17 of the Municipal Supply Chain Management Regulations dealing with Formal written price quotations allows the municipality where it is not possible to obtain at least three quotations that reasons be recorded and approved by the Chief Financial Officer.

  • Number of contracts awarded Percentage of contracts awardedTable 71: Formal written price quotations between R 30 000 and R 200 000 2.8.3 Deviation from Normal Procurement ProcessesParagraph 36 of Council’s Supply Chain Management Policy allows the Accounting Officer to dispense with the official procurement process.

  • Formal written price quotations are hereby invited from prospective bidders to provide professional services: consulting services relating to vat, payroll, and other relevant tax legislation and tax administration matters, inclusive of SCM legislation affecting taxes, applicable to municipalities – on an as and when required basis for a period of 12 months.

  • DEPARTMENT PARKS AND RECREATION Formal written price quotations are invited from qualifying suppliers for the SUPPLY DELIVERY AND LABOUR TO REPLACE A 70 METER ELECTRIC CABLE AT THE CIVIC CENTRE SPECIFICATIONS FOR THE SUPPLY DELIVERY AND LABOUR: Material list: (Prices to be quoted per each) +-70m x 16 x 4 Core SWA cable 10m x Marine cable 4 mm x 4 core+- 70m x Danger tape to be placed on top of cable+- 70m x 1.3meter deep TrenchSite to be cleaned after construction.

  • Attached find the bids that were awarded by the Municipal Manager – Formal written price quotations in terms of the SCM Policy and the Preferential Procurement Policy for the 2012/2013 financial year.

  • Number of contracts awarded Percentage of contracts awardedTable 72: Formal written price quotations between R 30 000 and R 200 000 2.8.3 Deviation from Normal Procurement ProcessesParagraph 36 of Council’s Supply Chain Management (SCM) Policy allows the Accounting Officer to dispense with the official procurement process.


More Definitions of Formal written price quotations

Formal written price quotations means quotations referred to in paragraph 12 (1)
Sample 1
Formal written price quotations means quotations referred to in paragraph 12 (1) (d) of this policy; “Functionality” means the measurement according to predetermined norms, as set out in the tender specification, of a service or commodity that is designed to be practical and useful, working or operating, taking into account, among other factors, the quality, reliability, viability and durability of a service and the technical capacity and ability of a tenderer; “Fronting” means a deliberate circumvention or attempted circumvention of the "Broad- Based Black Economic Empowerment Act and the Codes of Good Practice; “Head of Department” means a senior manager as defined in the Municipal Finance Management Act and who is responsible for a vote as assigned by the accounting officer; "Imported content" means that portion of the tender price represented by the cost of components, parts or materials which have been or are still to be imported (whether by the supplier or its sub-contractors) and which costs are inclusive of the costs abroad, plus freight
Sample 1
Formal written price quotations means quotations referred to in paragraph 12(1)(d) of the Municipal Supply Chain Management Regulations (2005);
Sample 1

Related to Formal written price quotations

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

  • 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;

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

  • 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

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

  • 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.

  • Reset Price means the price of the relevant Underlying Reference determined by the Calculation Agent by reference to the price obtained by unwinding any underlying related hedging arrangements in respect of the relevant Security during the Unwinding Time Period immediately following the relevant Reset Event Determination Time ;

  • 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.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Final Index Price means the average of the Index Prices for the 20 consecutive full trading days ending on the trading day prior to the Determination Date.

  • Ask Price means the price at which the Company is willing to sell a CFD.

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.