Multiple awards definition

Multiple awards means the award of contracts to more than one entity for the same goods, work, services, or labor.
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Multiple awards means an award of an indefinite quantity contract for one or more similar products, commodities or Services to more than one Bidder.
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Multiple awards. The Government anticipates making multiple-awards, with each awarded contract to provide the supplies and services that fit within the scope of the contract(s). However, the Government reserves the right to make a single award if it is in the best interest of the Government.
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Examples of Multiple awards in a sentence

  • Multiple awards may be made on the basis of a primary, secondary, and tertiary supplier.

  • Multiple awards will ensure fulfillment of current and future requirements of the diverse and large number of Participating Agencies.

  • Multiple awards may be granted to meet the requirements of this Solicitation provided that such awards are differentiated by product make and model, service, and/or distribution regions and capabilities of the successful Proposers.

  • Multiple awards of I-BPAs resulting from this solicitation will be made to responsible business concerns.

  • Multiple awards of I-BPAs resulting from this solicitation will be made on a competitive basis to responsible small business concerns.

  • Multiple awards may be made on the total Scope of Work or to components of the Scope of Work.

  • Multiple awards shall not be made when a single award will meet the state's needs without sacrifice of economy or service.

  • Multiple awards are recommended to ensure availability and timely delivery.

  • The compliance function shall promptly report any major compliance problems it identifies to the administrative or management body.

  • The Government may reject any or all offers if such action is in the public interest; accept other than the lowest offer; and waive informalities and minor irregularities in offers received.(h) Multiple awards.


More Definitions of Multiple awards

Multiple awards means the award of contracts to more than one vendor for the same goods or labor.
Sample 1
Multiple awards means an award of an indefinite quantity contract for 1 or more similar materials or services to more than one bidder or offeror.
Sample 1

Related to Multiple awards

  • Multiple Source Award means an award of an indefinite quantity contract for one or more similar services, items of tangible personal property or construction to more than one Offeror.

  • Performance Awards means Performance Units, Performance Shares or either or both of them.

  • Performance-Based Awards means the Performance Share Awards and Restricted Stock Awards granted to selected Covered Employees pursuant to Articles 9 and 10, but which are subject to the terms and conditions set forth in Article 11. All Performance-Based Awards are intended to qualify as "performance-based compensation" under Section 162(m) of the Code.

  • Other Stock-Based Awards means Awards granted to a Participant under Section 6(i) hereof.

  • Other Share-Based Awards means Awards consisting of Share units, or other Awards, valued in whole or in part by reference to, or otherwise based on, Shares.

  • Other Equity-Based Award means an Award that is not an Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, or Performance Share Award that is granted under Section 10 and is payable by delivery of Common Stock and/or which is measured by reference to the value of Common Stock.

  • Service Awards means the amount awarded by the Court and paid to the Class Representatives in recognition of their role in this litigation, as set forth in Section 8 below.

  • Full Value Award means an Award other than in the form of an ISO, NQSO, or SAR, and which is settled by the issuance of Shares.

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • Other Stock or Cash Based Awards means cash awards, awards of Shares, and other awards valued wholly or partially by referring to, or are otherwise based on, Shares or other property.

  • Other Stock-Based Award means any right granted under Section 6(f) of the Plan.

  • Awards means, collectively, Options, Purchased Stock, Bonus Stock, Stock Appreciation Rights, Phantom Stock, Restricted Stock, Performance Awards, or Other Stock or Performance Based Awards.

  • share-based award means an award under an equity incentive plan of equity-based instruments that do not have option-like features, including, for greater certainty, common shares, restricted shares, restricted share units, deferred share units, phantom shares, phantom share units, common share equivalent units, and stock.

  • Performance-Based Award means any Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award granted to a Covered Employee that is intended to qualify as “performance-based compensation” under Section 162(m) of the Code and the regulations promulgated thereunder.

  • SARS means the South African Revenue Service.

  • Other Share-Based Award means a right, granted under Section 5(h), that relates to or is valued by reference to Shares.

  • Incentive-Based Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Other Unit-Based Award means an award granted pursuant to Section 6(f) of the Plan.

  • Other Stock Award Agreement means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant. Each Other Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof and payable based on or conditioned upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • Maximum Award means as to any Participant for any Performance Period, $4 million.

  • Other Stock Unit Award means any right granted to a Participant by the Committee pursuant to Section 10 hereof.