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.

Restricted Tender means the tendering method in which a limited number of bidders, which shall not be less than three, are invited to bid.

Restricted Tender means a tender which is restricted to specific parties.

Examples of Restricted Tender in a sentence

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

• This guide should be regarded as an indicative reference document and does not create any new legislative rules.

• 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.

• 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.

• Either the Open Tender template or Restricted Tender template must be used.

• When a Restricted Tender process is used, the criteria which are to be applied in evaluating expressions of interest to produce the short list must be recorded in writing before the expressions of interest are considered.

• Two main options have been identified through the EU’s OJEU tendering process: either 1) an Open or 2) a Restricted Tender.

• The Open Competitive Bidding Method should thus be considered as the default method when no special circumstances permit the applicationof restrictions to the level of competition and when the estimated value is not below the thresholds permitting the application of a restricted competition such as Request for Quotation or Restricted Tender for efficiency purposes.

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

• An Above Threshold Restricted Tender (Total Aggregate value greater than the relevant Threshold) in accordance with Regulations 28, 58, 59, 60 and 61 of the Public Contracts Regulations 2015, where all suppliers responding to the advertisement shall be invited to complete a Selection Questionnaire to be assessed for short listing against economic and financial standing and technical and professional ability.

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. Preparation for Tender

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 13.04.2007, 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 13.04.2007).

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.

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.