non-firm prices definition

non-firm prices means all prices other than “firm” prices;
non-firm prices means all price(s) other than “firm” price(s).
non-firm prices means all prices other than “firm” prices; 2.13.“Person” includes a juristic person;

More Definitions of non-firm prices

non-firm prices means all prices other than “firm” prices; 2.13“person” includes a juristic person;
non-firm prices means all prices other than “firm” prices; (m)“person” includes a juristic person;(n) “QSE” means a Qualifying Small Enterprise as defines by Codes of Good Practice issued in terms of section 9 (1) of the Broad-Based Black Economic Empowerment Act, 2003 ( Act No. 53 of 2003);(o) “rand value” means the total estimated value of a contract in South African currency, calculated at the time of bid invitations, and includes all applicable taxes and excise duties;(p) “sub-contract” means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;(q) “total revenue” bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;(r) “trust” means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person; and(s) “trustee” means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.
non-firm prices means all prices other than “firm” prices; Ground floor, 37 Empire Road Telephone: 011 381 8900 Parktown, Johannesburg 2193 Website: www.inseta.org.zaP.O. Box 32035, Braamfontein 2017
non-firm prices means all prices other than “firm” prices;2.13 “person” includes a juristic person;2.14 “rand value” means the total estimated value of a contract in South African currency, calculated at the time of bid invitations, and includes all applicable taxes and excise duties;2.15 “total revenue” bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;2.16 “trust” means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person; and2.17 “trustee” means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.3. ADJUDICATION USING A POINT SYSTEM3.1 The bidder obtaining the highest number of total points will be awarded the contract.3.2 Preference points shall be calculated after prices have been brought to a comparative basis taking into account all factors of non-firm prices and all unconditional discounts;.3.3 Points scored must be rounded off to the nearest 2 decimal places.3.4 In the event that two or more bids have scored equal total points, the successful bid must be the one scoring the highest number of preference points for B-BBEE.3.5 However, when functionality is part of the evaluation process and two or more bids have scored equal points including equal preference points for B-BBEE, the successful bid must be the one scoring the highest score for functionality.3.6 Should two or more bids be equal in all respects, the award shall be decided by the drawing of lots.4. POINTS AWARDED FOR PRICE4.1 THE 80/20 OR 90/10 PREFERENCE POINT SYSTEMSA maximum of 80 or 90 points is allocated for price on the following basis:
non-firm prices means all prices other than “firm prices". 54. “organ of state” means an organ of state as defined in section 239 of the Constitution. 55. Original Equipment Manufacturer (OEM) means machinery or anyequipment needing original parts for repairs and maintenance.
non-firm prices means all prices other than “firm” prices. 34. “organ of state” means an organ of state as defined in section 239 of the Constitution.
non-firm prices means all prices other than “firm” prices; “person”: includes a natural or juristic entity;