Quality and Cost Based Selection definition

Quality and Cost Based Selection means a procurement method defined in regulation 76 (2.)
Quality and Cost Based Selection means a system of bid evaluation where weightages are assigned to technical and financial criteria, wherein higher weightage is assigned to technical criteria based on the importance of quality of consultancy services sought. The evaluation is made on the basis of combining the weighted scores for technical and financial criteria.
Quality and Cost Based Selection means the method of evaluating proposals in which the consulting engineers participating in the proposals are ranked in order of weighted evaluation awarding minimum eighty per cent for technical proposal and upto twenty per cent for financial proposal.

Examples of Quality and Cost Based Selection in a sentence

  • Single stage two envelops bidding process will be adopted where bids will be selected under Quality and Cost Based Selection (QCBS) System and procedures described in this Bid Document, in accordance with the PPRA Rules.

  • Consultancy services to be provided by consulting firms estimated to cost more than US$300,000 would be procured through Quality and Cost Based Selection (QCBS) method.

  • Consulting ServicesMethodsValue Threshold*Review ArrangementsConsulting Services (Firms)i) Quality and Cost Based Selection (QCBS)ii) Quality Based Selection (QBS)iii) Selection based on a Fixed Budget (FBS)iv) Selection Based on Least Cost Basis (LCS)v) (Selection based on Consultant’s Qualification (CQ) First QCBS Contract irrespective of value and all subsequent contracts valued above US$ 500,000 will be subject to Prior Review by the World Bank.

  • Quality and Cost Based Selection (QCBS) method will be followed during the overall selection process.

  • Consulting ServicesMethodsValue Threshold*Review ArrangementsConsulting Services (Firms)i) Quality and Cost Based Selection (QCBS)ii) Quality Based Selection (QBS)iii) Selection based on a Fixed Budget (FBS)iv) Selection Based on Least Cost Basis (LCS) All contracts valued above US$ 1 Million will be subject to Prior Review by the World Bank.

  • Consultancy services to be provided by consulting firms estimated to cost US$300,000 or more will be procured through Quality and Cost Based Selection (QCBS) method.

  • Consulting ServicesMethodsValue Threshold*Review ArrangementsConsulting Services (Firms)i) Quality and Cost Based Selection (QCBS)ii) Quality Based Selection (QBS)iii) Selection based on a Fixed Budget (FBS)iv) Selection Based on Least Cost Basis (LCS) All Consultancy contracts valued above US$ 1 Million will be subject to Prior Review by the World Bank.

  • Selection of Bidders will be on Quality and Cost Based Selection methodology as provided in the Bidding Document.

  • Expenditure CategoryValue* (Threshold per contract)Procurement MethodContracts subjected to Prior Review/Post ReviewConsultancy Services (Firms)(a) More than US$300,000 equivalent per contract.[i] Quality and Cost Based Selection (QCBS) Or Quality Based Selection (QBS)[ii] Short-list may comprise entirely national consultants for contracts below US$ 800,000First Contract of each method of selection irrespective of value and all subsequent contracts valued above US$ 200,000 will be subject to Prior Review.

  • Combined Quality and Cost Based Selection (CQCBS) method will be followed during the overall selection process.

Related to Quality and Cost Based Selection

  • Quality system means documented organizational procedures and policies: internal audits of those policies and procedures: management review and recommendation for quality improvement.”

  • Eligibility and selection criteria means criteria for determining:

  • Project specific information means such part of the Instructions to Consultants used to reflect specific project and assignment conditions.

  • health and safety specification means a site, activity or project specific document prepared by the client pertaining to all health and safety requirements related to construction work;

  • Radiopharmaceutical quality assurance means, but is not limited to, the performance of appropriate chemical, biological, and physical tests on potential radiopharmaceuticals and the interpretation of the resulting data to determine their suitability for use in humans and animals, including internal test assessment, authentication of product history, and the keeping of proper records.

  • Clinical laboratory means a facility for the microbiological, serological, chemical, hematological, radiobioassay, cytological, immunohematological, pathological, or other examination of materials derived from the human body for the purpose of providing information for the diagnosis, prevention, or treatment of a disease or assessment of a medical condition.

  • Applicable water quality standards means all water quality standards to which a discharge is subject under the federal Clean Water Act and which has been (a) approved or permitted to remain in effect by the Administrator following submission to the Administrator pursuant to Section 303(a) of the Act, or (b) promulgated by the Director pursuant to Section 303(b) or 303(c) of the Act, and standards promulgated under (APCEC) Regulation No. 2, as amended.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Non-Participating Certified Clinical Nurse Specialist means a Certified Clinical Nurse Specialist who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Product Specifications means the specifications, features and/or terms of any "Contract" (as defined in the LME Rules) listed for trading on the LME, as described in the LME Rules;

  • Clinical nurse specialist means a registered nurse with relevant post-basic qualifications and 12 months’ experience working in the clinical area of his/her specified post-basic qualification, or a minimum of four years’ post-basic registration experience, including three years’ experience in the relevant specialist field and who satisfies the local criteria.

  • API means the American Petroleum Institute.

  • Testing laboratory means a laboratory, facility, or entity in the state that offers or performs tests of cannabis or cannabis products and that is both of the following:

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • Drug Substance means an active ingredient that is intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the human body, but does not include intermediates used in the synthesis of such ingredient.

  • Technical Specifications A specification in a document defining the characteristics of a product or a service, such as the quality levels, the environmental and climate performance levels, the design for all needs, including accessibility for people with disabilities, and the evaluation of conformity, of product performance, of the use of the product, safety or dimensions, as well as requirements applicable to the product as regards the name by which it is sold, terminology, symbols, testing and test methods, packaging, marking or labelling, instructions for use, the production processes and methods at every stage in the life cycle of the supply or service, as well as the evaluation and conformity procedures;

  • Web Site Accessibility Standards/Specifications means standards contained in Title 1 Texas Administrative Code Chapter 206.

  • cGMP means current Good Manufacturing Practices as specified in the United States Code of Federal Regulations, ICH Guideline Q7A, or equivalent laws, rules, or regulations of an applicable Regulatory Authority at the time of manufacture.

  • Web Site Accessibility Standards/Specifications means standards contained in Title 1 Texas Administrative Code Chapter 206.

  • Quality Standards means the quality standards published by BSI British Standards, the National Standards Body of the United Kingdom, the International Organisation for Standardisation or other reputable or equivalent body, (and their successor bodies) that a skilled and experienced operator in the same type of industry or business sector as the Contractor would reasonably and ordinarily be expected to comply with, and as may be further detailed in the Specification.

  • Participating Clinical Laboratory means a Clinical Laboratory which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • technical specification means a document that prescribes technical requirements to be fulfilled by a product, process or service;

  • Non-Participating Clinical Laboratory means a Clinical Laboratory which does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan provide services to you at the time services are rendered.

  • Edible cannabis product means cannabis product that is intended to be used, in whole or in part, for human consumption, including, but not limited to, chewing gum, but excluding products set forth in Division 15 (commencing with Section 32501) of the Food and Agricultural Code. An edible cannabis product is not considered food, as defined by Section 109935 of the Health and Safety Code, or a drug, as defined by Section 109925 of the Health and Safety Code.

  • Product Specific Terms means the terms applicable to a specific item of Licensed Software as set out in Schedule 2;

  • Particulate matter emissions (PM) means the mass of any particulate material from the vehicle exhaust quantified according to the dilution, sampling and measurement methods as specified in this UN GTR.