Reasonable price means the price which is best suited to the economically feasible use of the property as decent, safe, and sanitary housing at affordable rents and affordable prices established by the entity in accordance with section 1478(c).
Reasonable price means a decision reached jointly between a buyer and seller of property, reflecting a judgment influenced by the economic realities of the marketplace and the relative bargaining powers of the parties and is a price that provides the best total value in consideration of availability, delivery time, fitness for purpose, payment terms, quality, quantity, and service. In no instance shall “reasonable price” be less than the price originally paid by the Department.
Examples of Reasonable price in a sentence
Reasonable price increases or decreases for subsequent contract terms may be negotiated between Contractor and County after completion of the initial term.
Reasonable price changes based on market conditions and price/cost analysis may be made after the initial Contract period.
Reasonable price, technically acceptable is the basis for the best value determination.
Reasonable price technically acceptable will be the basis for award.
Reasonable price changes based on market conditions and price/cost analysis may be approved by King County.King County will evaluate this information to determine if revising the pricing is considered fair and reasonable to the satisfaction of King County.
More Definitions of Reasonable price
Reasonable price means a price that includes a premium equal to the call premium then in effect on the Bonds purchased; or, if no premium is then in effect, the next future call premium that will come into effect on the Bonds purchased. Amounts in the Surplus Fund identified for the retirement of Xxxxx will be transferred to the Redemption Account until utilized for Bond retirement. Investment earnings on amounts in the Redemption Account transferred from the Surplus Fund will be credited against the computation of Investment Service as presented in Article 1.37.
Reasonable price means the price which is best suited to the economically feasible use of the property as decent, safe, and sanitary housing at affordable rents and affordable prices established by the entity in accordance with section 1478(c).18 Three (3) types of HRE are defined in the Program: 18 21 CCR§ 1476(bb) 2 - 25
Reasonable price means the level of price which is considered to be adequate to cover all operational and other normal expenses, provides a fair margin of profit to a licensee;
Reasonable price means standard price on the market for services/goods of the same type in the moment of defining of the price. Parties agree to add the following Sub-clause:
Reasonable price means the price at or below which the agency will accept a bid or proposal to contract. An agency may use any lawful process it chooses for determining what constitutes a reasonable price including, but not limited to: competitive, open or closed bidding; or the establishment of a prototype cost ceiling before bidding or negotiations commence. An agency may reject bids by qualified Indian-owned enterprises or organizations and other firms on the basis of price. No agency may reject a bid or proposal for a specific project or contract by a qualified Indian-owned enterprise or organization on the grounds that the price is not reasonable and subsequently contract with a non-Indian owned firm at a price the same or higher than that contained in the rejected bid.
Reasonable price concept: (i) recognizes that because of difficulty in obtaining financing, start-up costs, less experience, inability to purchase large quantities of supplies and other factors, M/WBE prices may be somewhat higher than those of non-M/WBEs, at least initially; (ii) provides protection to M/WBEs from being rejected when their prices are only slightly higher than non-M/WBEs; and (iii) provides that meeting stated M/WBE goals is treated similarly to complying with any other specification of the bid solicitation which a contractor must meet in order to be considered a responsive bidder. Construction Phase - Prior to the contracting process, Tenant will meet with a representative sampling of minority and female construction related companies in a geographic area no smaller than an area encompassing Dallas, Texas, New Orleans, Louisiana and Atlanta, Georgia (the "Subject Area") to ensure that such companies: (1) are fully aware of the available contract opportunities for construction projects and (2) have a Tenant contact person available to answer questions throughout the contracting and construction phase of such projects. After surveying a representative sampling of minority and female construction related companies in the Subject Area, Tenant will establish a goal for the total construction budget to be contracted with such companies. Any general contractor wanting to do business with Tenant for construction projects must accept this provision in order to contract with Tenant. The general contractor will be held accountable for ensuring compliance with M/WBE goals and will be required to report on such goal compliance at least quarterly (such reports will be made available to the Office of the Mayor). Operations Phase - M/WBE companies will be identified and contacted by local management. As should be the case in any business, vendors will be sought that can offer quantity, quality and service, but with a strong commitment to M/WBE companies.
Reasonable price means similar in value to similar Procurements regionally, nationally, or internationally