Examples of Preferred Supplier in a sentence
UT System will use commercially reasonable efforts to avoid public disclosure of the contents of a proposal prior to selection of Preferred Supplier.
UT System may make the selection of Preferred Supplier on the basis of the proposals initially submitted, without discussion, clarification or modification.
In that event, UT System will defer further action on proposals not included within the competitive range pending the selection of Preferred Supplier; provided, however, UT System reserves the right to include additional proposals in the competitive range if deemed to be in the best interests of UT System.
After submission of a proposal but before final selection of Preferred Supplier is made, UT System may permit a Proposer to revise its proposal in order to obtain Proposer's best and final offer.
In the alternative, UT System may make the selection of Preferred Supplier on the basis of negotiation with any of Proposers.