Examples of Most Economically Advantageous Tender in a sentence
At least two bona fide tenders must be received and the Most Economically Advantageous Tender accepted.
At least two compliant tenders must be received and the Most Economically Advantageous Tender must be accepted.
Under normal circumstances the School will award to the supplier quoting the lowest price or the Most Economically Advantageous Tender (MEAT).
Where no Framework Arrangements are available competitive quotations in writing on the basis of Most Economically Advantageous Tender should be sought, or a commercial negotiation with one preferred Contractor may take place.
Price / Quality – where a price quality split is stipulated, the supplier who ranks highest over-all shall be awarded the Contract, this is otherwise known as the Most Economically Advantageous Tender (M.E.A.T).