Preference definition

Preference means an amount, expressed in terms of a percentage, by which a bid or price may exceed the next lower submitted bid or price.
Preference means a preference of fifteen percent (15%) in the comparison of prices submitted by Bidders participating in the Tender as stated in the Regulations.
Preference means that as set forth in Section 8.13 hereof.

Examples of Preference in a sentence

  • Preference shall be given to Full Time employees in that job classification for all scheduled overtime.

  • Employees may submit a Letter of Preference, which will be kept on file with the Company for a period of one (1) year, which states the site to which the employee would like to transfer.

  • Domestic Preference for Procurements As appropriate, and to the extent consistent with law, the contractor should, to the greatest extent practicable, provide a preference for the purchase, acquisition, or use of goods, products, or materials produced in the United States.

  • As of the date hereof, the Company has issued and outstanding 5,750,000 Class B Ordinary Shares (of which up to 750,000 shares are subject to forfeiture as described in the Registration Statement) and no Preference Shares.

  • Transfer of Interest in the Contract or Change in Preference Status 11 38.


More Definitions of Preference

Preference means the right or opportunity to select a tenderer from an identified target group that is considered more desirable than another;
Preference means a preference of fifteen percent (15%) for Israeli Manufactured Goods and a preference of 20% for Goods from the Area Around the Gaza Strip, in the comparison of prices submitted
Preference means the 5% by which the qualified bidder's offer amount would be decreased for evaluation purposes.
Preference. – shall mean the 5% by which the qualified offer amount would be decreased for evaluation purposes.
Preference means a transfer of property of an insurer to or for the benefit of a creditor:
Preference means the elevated position of an applicant to participate in the vacant land bidding process as described in subsection 6(d) of this chapter, above applicants who are not the owners, lessees or lawful occupants of adjoining lands in good standing with the Board.
Preference and "staffing needs" as used in this paragraph relate to the employee's work assignment and/or area.