Restricted Tender definition

Restricted Tender means a two stage contract award process. Firstly, an evaluation of applicants to obtain a shortlist of Contractors to be invited to Tender and secondly the evaluation of a tender received from those shortlisted Contractors.
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Restricted Tender means the tendering method in which a limited number of bidders, which shall not be less than three, are invited to bid.
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Restricted Tender means a tender which is restricted to specific parties.
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Examples of Restricted Tender in a sentence

  • Restricted Tender: This is where suppliers are specifically invited to tender.

  • Selection Criteria are based on a Bidder’s ability to perform the Contract and are only used at the selection stage (e.g. previously PQQ now SQ stage) in a Restricted Tender Procedure or as an initial selection stage of the evaluation in an Open Tender Procedure.

  • Selection Criteria are based on a Bidder’s ability to perform the Contract and are only used at the selection stage (e.g. previously PQQ now SQ stage) stage in a Restricted Tender Procedure or as an initial selection stage of the evaluation in an Open Tender Procedure.

  • The Implementing Partner (“IP”) invites sealed price quotations from the eligible suppliers (including sub-contractors and/or joint ventures) for the supply, delivery and installation of: CLEAR SHORT DESCRIPTION OF ITEMS INCLUDING QUANITY FOR EACH ITEM Detailed specifications, list and quantities of required goods are provided in Section I Bidding Form 1.3. Bidding will be conducted by means of a Restricted Tender Procedure by collecting quotations from minimum three qualified/eligible suppliers.

  • The outcome of the compliant two stage Restricted Tender and Negotiated Procurement process has been outlined in the Part 2 report.

  • The most common approach for software acquisition is Restricted Tender- ing, where a number of suppliers are prequalified based on general criteria such as their financial health and their experience in the application domain.

  • The budget holder must discuss and agree with the CFO how best to advertise for suppliers e.g. general press, trade journals or to identify all potential suppliers and contact directly if practical.2.2.2. Restricted Tender: This is where suppliers are specifically invited to tender.

  • The budget holder together with the CFO must decide how to advertise for suppliers.• Restricted Tender - Suppliers are specifically invited to tender.

  • The budget holder together with the CFO must decide how to advertise for suppliers. Restricted Tender - Suppliers are specifically invited to tender.

  • As outlined above, current treatment options for TA-TMA are suboptimal.


More Definitions of Restricted Tender

Restricted Tender. This is where suppliers are specifically invited to tender. Restricted tenders are appropriate where: • there is a need to maintain a balance between the contract value and administrative costs, • a large number of suppliers would come forward or because the nature of the goods are such that only specific suppliers can be expected to supply the trust’s requirements, • the costs of publicity and advertising are likely to outweigh the potential benefits of open tendering. • Negotiated Tender: The terms of the contract may be negotiated with one or more chosen suppliers. This is appropriate in specific circumstances: • the above methods have resulted in either no or unacceptable tenders, • only one or very few suppliers are available, • extreme urgency exists, • additional deliveries by the existing supplier are justified.
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Restricted Tender means a procedure used in procurement of goods, works and services having a complex character or where a high number of economic operators are active on the market. A restricted tender is carried out by the same rules as for the opened tender, subject to the pre-selection procedures based on the qualifications of the economic operators mentioned in Article 16 of the Law No. 96-XVI of 13 April 2007, in particular managerial competence, experience, good repute, qualified personnel, financial condition, technical base, other competencies that are necessary for a qualitative performance of the contract during the entire period of validity of the public procurement contract etc. The preliminary sign-up in the List of Qualified Economic operators, which is managed by the Agency pursuant to the regulations approved by the Government, is not mandatory (Article 17(2) and (3), Law No. 96-XVI of 13 April 2007). Further, when evaluating the qualifications of each economic operator that has submitted an application for pre-selection, only the pre-selection criteria specified in the pre-selection documents shall apply. Additionally, Article 15(5) of the Law No. 96-XVI guarantees the non-discrimination in the qualifications of the supplier for the purposes of the provisions of Articles VIII and X of the WTO Agreement on Government Procurement (Article IX of the revised text).
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Restricted Tender means the tendering method, provided by article 23 of the Law, in which a limited number of bidders, which shall not be less than three (3), are invited to bid.
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Restricted Tender means the procurement method, provided by article 24 of the Law, in which the invitation to bid may be extended to a limited number of bidders.
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Related to Restricted Tender

  • Bid/Tender means the Techno Commercial and the Price Bid submitted by the Bidder along with all documents/credentials/attachments, formats, etc., in response to this Bid Document, in accordance with the terms and conditions hereof.

  • Restricted Transfer means: 1.1.10.1 a transfer of Company Personal Data from any Company Group Member to a Contracted Processor; or 1.1.10.2 an onward transfer of Company Personal Data from a Contracted Processor to a Contracted Processor, or between two establishments of a Contracted Processor, in each case, where such transfer would be prohibited by Data Protection Laws (or by the terms of data transfer agreements put in place to address the data transfer restrictions of Data Protection Laws) in the absence of the Standard Contractual Clauses to be established under section [6.4.3 or] 12 below;

  • Protected tenant means any tenant who:

  • Restricted Territory means the United States of America.

  • e-Tender means Bids / Quotation / Tender received from a Firm / Tenderer / Bidder online.

  • Restricted Company means any of the foregoing.

  • Restricted Geographic Area is defined as all countries, territories, parishes, municipalities and states in which Company is doing business or is selling its products at the time of termination of Employee’s employment with Company, including but not limited to every parish and municipality in the state of Louisiana. Employee acknowledges that this geographic scope is reasonable given Employee's position with Company, the international scope of Company's business; and the fact that Employee could compete with Company from anywhere Company does business.

  • Restricted Territories means: (i) Cuba, Sudan, Iran, North Korea, Syria and the territory of Crimea / Sevastopol; and (ii) any other country or territory that is subject to sanctions by the United Kingdom, the European Union, the U.S, United Nations or elsewhere.

  • Restricted Transaction means any of the following transactions or transmit- tals involving any credit, funds, instru- ment, or proceeds that the Act pro- hibits any person engaged in the busi- ness of betting or wagering (which does not include the activities of a financial transaction provider, or any inter- active computer service or tele- communications service) from know- ingly accepting, in connection with the participation of another person in un- lawful Internet gambling—

  • Approved tenderer means the tenderer who is approved by the Employer.

  • Restricted Area means an area, access to which is limited by the licensee or registrant for the purpose of protecting individuals against undue risks from exposure to sources of radiation. Restricted area does not include areas used as residential quarters, but separate rooms in a residential building may be set apart as a restricted area.

  • Restricted Client means any person:

  • The Tenderer means the individual or firm supplying the Goods under this Contract.

  • Restricted Activity means directly or indirectly owning any interest in, managing, controlling, participating in, consulting with, rendering services for, or in any manner engaging in any business with any customer, supplier, competitor or other person having a business relation with the Company or any of its subsidiaries; provided however that the term "Restricted Activity" shall not include passive ownership of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Executive has no active participation in the business of that corporation.

  • Restricted Areas means (i) all areas within the Facility that are not generally accessible to the public, including judges’ xxxxxxxx, all non-public restrooms, elevators, break rooms, and corridors, and other non-public spaces that are dedicated for use only by judges or Court staff and employees, (ii) public areas of a Facility during non-business hours that are subject to security screening during normal business hours, and (iii) the areas defined as Restricted Areas in the Background Check Policy.

  • Restricted Customer means any customer to whom or to which goods or services were provided by the Company during the two-year period prior to the date of Employee’s employment, and any potential customer of the Company that the Company solicited during the one-year period prior to the date of termination of Employee’s employment with the Company.

  • Optional Tender means any tender of VRDP Shares by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, other than a Mandatory Tender, for Remarketing or, in the event (i) no Remarketing occurs on or before the Purchase Date, or (ii) pursuant to an attempted Remarketing, VRDP Shares remain unsold and the Remarketing Agent does not purchase for its own account the unsold VRDP Shares tendered to the Tender and Paying Agent for Remarketing (provided that the Remarketing Agent may seek to sell such VRDP Shares in a subsequent Remarketing prior to the Purchase Date), for purchase by the Liquidity Provider pursuant to Section 2 of Part II of the Articles Supplementary and this Agreement.

  • Vested Non-Exempt Award means the portion of any Non-Exempt Award that had vested in accordance with its terms upon or prior to the date of a Corporate Transaction.

  • Unvested Non-Exempt Award means the portion of any Non-Exempt Award that had not vested in accordance with its terms upon or prior to the date of any Corporate Transaction.

  • Restricted network provision means any provision which conditions the payment of benefits, in whole or in part, on the use of network providers.

  • Restricted Holder means (i) a holder that is an affiliate of the Company within the meaning of Rule 405, (ii) a holder who acquires Exchange Securities outside the ordinary course of such holder’s business, (iii) a holder who has arrangements or understandings with any person to participate in the Exchange Offer for the purpose of distributing Exchange Securities and (iv) a holder that is a broker-dealer, but only with respect to Exchange Securities received by such broker-dealer pursuant to an Exchange Offer in exchange for Registrable Securities acquired by the broker-dealer directly from the Company.

  • Restricted Party means a person that is:

  • Limited Tenders means tenders invited from all or some Contractors on the approved or select list of Contractors with the Railway.

  • Restricted Country means a country, territory or jurisdiction outside of the European Economic Area which the EU Commission has not deemed to provide adequate protection in accordance with Article 25(6) of the DP Directive and/ or Article 45

  • Restricted List means the list of companies maintained by the Compliance Officer about which the Adviser or its affiliates potentially possess material nonpublic information.

  • Restricted Employee means any person who was a director, employee or consultant of the Company at any time within the Relevant Period who by reason of that position and in particular his seniority and expertise or knowledge of Confidential Information or knowledge of or influence over the clients, customers or contacts of the Company is likely to cause damage to the Company if he were to leave the employment of the Company and become employed by a competitor of the Company;