Price preference definition

Price preference means a percentage of increase in price that the City may pay to obtain a

Price preference means an amount, expressed as a percentage, to be used in the evaluation of offers in an acquisition of products.

Price preference means the percentage allowance for a recycled product that costs more than a compa- rable virgin product. In bid situations, it is the percentage above the lowest cost of a comparable virgin product allowed for a recycled product when both bidders are responsible and responsive.

Examples of Price preference in a sentence

• Moreover, compliance or otherwise against each para/requirement of Annex A & B duly signed & stamped by firm authorized rep is to provided for technical scrutiny.l. Price preference is admissible to local manufacturers over foreign vendors as per PPRA Rule 24 and Govt of Pakistan (Ministry of Commerce) SRO 827 (I)/2001.

• Price and/ or purchase preference notified by the State Government (GoR), Price preference policy for MSME enterprise (as per new circular on Nov.

• Price preference/ purchase preference will be given to the goods produced or manufactured by industries of Rajasthan over goods produced or manufactured by Industries outside Rajasthan as per Purchase of Stores (Preference to Industries of Rajasthan) Rules, 1995 and approved by Board.

• Work will be awarded to the Bidder obtaining the highest overall price preference -financial score which will be obtained using the following formula: 90 % X (Lowest quoted bid among qualifying tenders/ financial bid quoted by x) + 10% X Price preference score for x.

• Price preference as per existing government rules shall be given to eligible bidders.

More Definitions of Price preference

Price preference means a percentage of increase in price that (jurisdiction) will pay to obtain a designated product or service.

Price preference means the percentage over and above the price of non-recycled products and materials which may be allowed for the purchase of recycled products and materials.

Price preference means a percentage of increase in price that the City of Mount Rainier may pay to obtain a designated product that is determined to be cost effective.

Price preference means a percentage of increase in price that King County will pay to obtain a designated product.

Price preference means apercentage of increase in price the City of San Antonio will pay to obtain a designated product.

Price preference means a percentage by which offered prices for recycled products are reduced for purposes of bid evaluation. For example, under a 10% price-preference, if a bid of $1.00 per unit is received for a recycled product

Price preference means a percentage of increase in price that the City may pay to obtain a designated recycled or environmentally preferable product or service.