Procurement Value definition

Procurement Value means the estimated total financial commitment resulting from procurement, taking into account optional extensions.

Procurement Value means the maximum total value of the Deliverables being procured, and it must include all costs to the Town, including, as applicable, acquisition, maintenance, replacement, and disposal; training, delivery, and installation; and extension options, less applicable rebates or discounts and exclusive of sales taxes.

Procurement Value means the estimated total financial commitment resulting from a Procurement (G.S.T. excluded), not taking into account optional renewals when the compulsory part of the Contract is of at least one year's duration;

Examples of Procurement Value in a sentence

• Economic Operators are free to submit financial offers above or below the Estimated Procurement Value.

• Therefore, the published Estimated Procurement Value is not restrictive and final on the Contracting Authority.

• However, the Contracting Authority reserves the right to accept or reject Financial Offers exceeding the Estimated Procurement Value.

• The Estimated Procurement Value for this Call for Tenders has been based on comprehensive research including appropriate financial analysis.

• Notwithstanding any other provisions of this Policy, where an emergency exists and prior approval of the Director of Materials Management cannot be obtained, a Director may authorize any officer or employee to acquire required Deliverables in an expedited manner if the required Deliverables have a Procurement Value of less than $25,000.00.

More Definitions of Procurement Value

Procurement Value means the estimated maximum total value of the Deliverables being Procured over the term of the Contract, taking into account all forms of remuneration;

Procurement Value means all costs and conferred value associated with a contractual relationship with a third party.

Procurement Value means the total value of the Deliverables being procured, and must include all costs to the City in Canadian dollars using the Bank of Canada exchange rate including, as applicable, acquisition, maintenance, replacement, disposal, or training, delivery, installation and extension options, less applicable rebates or discounts and exclusive of sales taxes.

Procurement Value means the estimated total financial commitment resulting from a Procurement (G.S.T. excluded) taking into account all forms of remuneration including premiums, fees, commissions and interest any the total values of options if the Procurement provides for the possibility of options.

Procurement Value means the total value of the goods, services or construction being procured, and must include all costs to the Township, including, as applicable, acquisition, maintenance, replacement, disposal, training, delivery, installation and extension options, less applicable rebates or discounts and includes the unrecoverable portion of the HST;

Procurement Value means the total value of the goods, services or construction being procured, and must include all costs to the City, including, as applicable, acquisition, maintenance, replacement, disposal, and training, delivery, installation and extension options, less applicable rebates or discounts and exclusive of sales taxes;

Procurement Value means all costs and conferred value associated with a procured Contract, including all actual and quantifiable contingent payments payable by IO associated with the goods and services procured (e.g. cash allowances) pursuant to the Contract. Within Infrastructure Ontario, with the exception of P3 project procurements, the Procurement Value is estimated and set out in the requisition request form, commonly known as the Procurement Contract Approval Request (“PCAR”)