Significant Weakness definition

Significant Weakness in the proposal is a flaw that appreciably increases the risk of unsuccessful contract performance. Strength: An aspect of the proposal that increases the probability of successful contract performance.
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Significant Weakness means a flaw that appreciably increases the risk of unsuccessful contract performance.
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Significant Weakness is defined as a flaw that appreciably increases the risk of unsuccessful contract performance. The term “risk” is defined as the potential for unsuccessful contract performance. The consideration of “risk” assesses the degree to which an Offeror’s proposed approach to achieving the technical factor may involve risk of disruption to schedule, degradation of performance, the need for increased Government oversight, and the likelihood of unsuccessful contract performance. The term “deficiency” is defined as a material failure of a proposal to meet a Government requirement or a combination of significant weaknesses in a proposal that increases risk of unsuccessful contract performance to an unacceptable level.
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Examples of Significant Weakness in a sentence

  • Significant Weakness - A flaw that appreciably increases the risk of unsuccessful award performance.

  • A Minor Weakness has a slight negative influence on the Proposer’s ability to meet the Project Goals while a Significant Weakness has a considerable negative influence on the Proposer’s ability to meet the Project Goals.

  • Significant Weakness in the proposal is a flaw that appreciably increases the risk of unsuccessful contract performance.

  • Significant Weakness: A flaw that appreciably increases the risk of unsuccessful contract performance.

  • Significant Weakness: a flaw that appreciably increases the risk of unsuccessful contract performance.

  • Significant Weakness – A flaw that appreciably increases the risk of unsuccessful award performance.

  • Significant Weakness in the proposal is a flaw that appreciably increases the risk of unsuccessful subcontract performance.

  • Significant Weakness A flaw that appreciably increases the risk of unsuccessful contract performance.

  • School Boards of Teaching and Learning may recommend to the University Programmes Board in respect of specified programmes further provisions relating to designated modules, including provisions in respect of Absolute Significant Weakness and other requirements relating to the achievement of minimum marks.

  • Proposals may be found to have either a Significant Weakness or multiple Weaknesses that impact either the individual factor rating or the overall rating for the proposal.


More Definitions of Significant Weakness

Significant Weakness. A flaw in the proposal that appreciably increases the risk of unsuccessful contract performance. Deficiency – A material failure of a proposal to meet a Government requirement or a combination of Relevancy - As it pertains to past performance information, is a measure of the extent of similarity between the service/support effort, complexity, dollar value, contract type, and subcontract/teaming or other comparable attributes of past performance examples and the source solicitation requirements; and a measure of the likelihood that the past performance is an indicator of future performance. Confidence - A determination of how well the contractor performed on previous contracts. The past performance evaluation process gathers information from customers on how well the Offeror performed those past contracts. The more relevant past performance will typically be a stronger predictor of future success and have more influence on the past performance confidence assessment than past performance of lesser relevance.
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Significant Weakness. A flaw in the response or proposal that appreciably increases the risk of unsuccessful contract performance. Denoted with an (S).
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Significant Weakness. A flaw in the proposal that appreciably increases the risk of unsuccessful contract performance. Strength: an aspect of an Offeror’s proposal that has merit or exceeds specified performance or capability requirements in a way that will be advantageous to the Government during contract performance. Past Performance: Relates to how well an Offeror has performed; e.g., the quality of work accomplished, schedule compliance, cost control, and customer satisfaction. Relevancy: As it pertains to past performance information, is a measure of the extent of similarity between the service/support effort, complexity, dollar value, contract type, and subcontract/teaming or other comparable attributes of past performant examples and the source solicitation requirement; and a measure of the likelihood that the past performance is an indicator of future performance. Offeror: Except where the context in which the term is used clearly indicates otherwise, “Offeror” refers to the contractor submitting the proposal, and to joint venture members, teaming/partnering entities, and major subcontractors (defined as subcontractors performing 10% or more of the work).
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Significant Weakness. A flaw in the proposal that appreciably increases the risk of unsuccessful contract performance.
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Significant Weakness. A flaw that appreciably increases the risk of unsuccessful contract performance. (FAR 15.001)
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Related to Significant Weakness

  • Weakness means a flaw in the SOQ that increases the risk of unsuccessful Contract performance. A significant Weakness in the SOQ is a flaw that appreciably increases the risk of unsuccessful Contract performance.

  • Significant change means a major decline or improvement in the tenant’s status which does not normally resolve itself without further interventions by staff or by implementing standard disease-related clinical interventions that have an impact on the tenant’s mental, physical, or functional health status.

  • Significant deficiency means a shortcoming in the system that materially affects the ability of officials of the Department of Defense to rely upon information produced by the system that is needed for management purposes.

  • Significant Assets means one or more assets or businesses which, when purchased, optioned or otherwise acquired by the CPC, together with any other concurrent transactions, would result in the CPC meeting the initial listing requirements of the Exchange.

  • Significant impact means that the proposal is likely to have a noticeable effect on specific section(s) of the community greater than on the general community at large.

  • Significant means in reference to a net emissions increase or the potential of a source to emit any of the following pollutants, a rate of emissions that would equal or exceed any of the following rates:

  • Significant tree means a tree:

  • Internal control means a process effected by an entity's governing board, management, and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories:

  • Internal Controls has the meaning set forth in Section 4.07(d).

  • Significant other means that a relationship exists between two people, neither of whom is married, that is intended to remain indefinitely and where there is joint responsibility for each other’s common welfare, there are significant shared financial obligations, and they must be living together in a shared primary residence. This relationship must have existed for at least six (6) continuous months before benefits under this Article may be provided.

  • Material and substantial disruption of a normal school activity means:

  • Processes with Significant Environmental Aspects means the Equipment which, during regular operation or if not properly operated or maintained, may cause or are likely to cause an adverse effect.

  • Adverse impact on visibility means visibility impairment which interferes with the management, protection, preservation or enjoyment of the visi- tor’s visual experience of the Federal Class I area. This determination must be made on a case-by-case basis taking into account the geographic extent, in- tensity, duration, frequency and time of visibility impairment, and how these factors correlate with (1) times of vis- itor use of the Federal Class I area, and(2) the frequency and timing of natural conditions that reduce visibility.

  • Significant emissions unit means an emissions unit that emits or has the potential to emit a PAL pollutant in an amount that is equal to or greater than the significant level (as defined in section 140 or in the Act, whichever is lower) for that PAL pollutant, but less than the amount that would qualify the unit as a major emissions unit as defined in section 079.

  • Internal Control Event means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Company’s internal controls over financial reporting, in each case as described in the Securities Laws.

  • Material Deviation refers to any contents or characteristics of the proposal that is significantly different from an essential aspect or requirement of the RFP, and : (i) substantially alters the scope and quality of the requirements; (ii) limits the rights of UNDP and/or the obligations of the offeror; and (iii) adversely impacts the fairness and principles of the procurement process, such as those that compromise the competitive position of other offerors.

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • Current significant investigative information means investigative information that a licensing board, after an inquiry or investigation that includes notification and an opportunity for the audiologist or speech-language pathologist to respond, if required by state law, has reason to believe is not groundless and, if proved true, would indicate more than a minor infraction.

  • Material Compliance Matter has the same meaning as the term defined in Rule 38a-1, and includes any compliance matter that involves: (1) a violation of the federal securities laws by Distributor (or its officers, directors, employees, or agents); (2) a violation of Distributor's Rule 38a-1 policies and procedures; or (3) a weakness in the design or implementation of Distributor's Rule 38a-1 policies and procedures.

  • Internal test assessment means, but is not limited to, conducting those tests of quality assurance necessary to ensure the integrity of the test.

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • Significant Event means any Amortization Event or Event of Default.

  • Significant Industrial User (SIU) means any industrial user that:

  • Significant Guarantor means any guaranty agency that guarantees trust student loans comprising at least 10% of the Pool Balance of the trust student loans by outstanding principal balance as of the statistical disclosure date.

  • Significant Effect under clause 10.3 above includes termination of employment (including redundancy), major changes in the composition, operation or size of the Employer’s workforce or in the skills required, the elimination or diminution of job opportunities, promotion opportunities or job tenure; the alteration of hours of work; changes to safety and/or management systems, any changes to employment practices that result in privacy concerns for employees such as implementation of electronic inductions and/or access systems; the need for retraining or transfer of Employees to other work areas or locations and the restructuring of jobs.