Margin of Preference definition

Margin of Preference means the extra mark up on price allowed any domestic contractor or supplier bidding under International Competitive Bidding without being otherwise disadvantageous to the bid in terms of price;
Margin of Preference means the percentage difference between the Most- Favoured-Nation (MFN) rate of duty and the preferential rate of duty for the like product, and not the absolute difference between those rates. Thus,
Margin of Preference means the margin given to bidder on the basis of Section 45 or Section 99 of this Act.

Examples of Margin of Preference in a sentence

  • Apply Margin of Preference, if so allowed to all evaluated and accepted tender as follows.


More Definitions of Margin of Preference

Margin of Preference means percentage of tariffs, by which tariffs are reduced on imports from one Contracting Parties to another as a result of preferential treatment.
Margin of Preference means the specific arithmetical margin made pursuant to this Act and contained in a public bidding document which may prescribe a criterion designed to assist domestic businesses become more competitive in the partnership bids;
Margin of Preference means the extra markup on price allowed to any national/state contractor or supplier bidding under International Competitive Bidding without being otherwise disadvantageous to the bid in terms of price;
Margin of Preference means a percentage of price preference given to a bidder who meets the specified criteria as determined in paragraphs 9 and 10;
Margin of Preference means extra
Margin of Preference means the extra mark up on price allowed any domestic contractor or supplier bidding under International Competitive Bidding without
Margin of Preference means the extra mark up on price allowed any domestic