Total Acquisition Cost definition

Total Acquisition Cost means an evaluation of quality and service in the assessment of a Bid and the sum of all costs including purchase price, all non refundable taxes, warranties, local service costs, life cycle costs, time of completion or delivery, inventory carrying costs, operating and disposal costs for determining the Lowest Compliant Bid.
Total Acquisition Cost means the sum of all costs, including purchase price, all taxes, warranty, life cycle cost, operating and disposal costs.
Total Acquisition Cost means the cost which results in the lowest cost of ownership, operation, purchase or lease over the life of the product or service to the County. This cost is arrived at after considering all factors such as firm stability and reputation, quality, courtesy, expertise, qualifications, interest, expedience, environmental impact, health and safety implications, ethical business practices, after sale service, terms and conditions, guarantees and warranties, all taxes and discounts, and of course, price.

Examples of Total Acquisition Cost in a sentence

  • The award of this contract, will as a general practice, be made to the Lowest Responsible Tenderer, meaning the tenderer who would provide the Society with the desired goods and/or services at the Lowest Total Acquisition Cost while meeting all the specifications and containing no irregularities or qualifications, by an individual or firm with the necessary resources, expertise and /or experience to carry out the contract.

  • Award - Quotes shall be evaluated and the contract awarded based on the lowest Total Acquisition Cost to the County.

  • Quotes shall be evaluated and the contract awarded based on the lowest Total Acquisition Cost to the County.

  • Award - Offers shall be evaluated and the contract awarded based on the lowest Total Acquisition Cost to County.

  • For reference, submit price lists and/or catalogs which your Cost Proposal is derived from in excel or delimited format for verification purposes as part to your Cost Proposal.• Total Acquisition Cost.


More Definitions of Total Acquisition Cost

Total Acquisition Cost means the sum of all costs, including purchase price, all taxes, warranty, life cycle cost, operating, and disposal costs. 2. Interpretation the following rules of interpretation apply a) The termbest value’ means the most cost efficient and effective manner of supplying the EQUIPMENT or SERVICES in the sole and unfettered opinion of the MUNICIPALITY. b) Where any mention is made to the masculine gender in any part of this TENDER or the CONTRACT, it shall be interpreted as, and deemed to mean, the masculine or feminine gender. Words in the singular can be interpreted in the plural, and vice versa, as the context allows. c) Each reference to Provincial legislation in this TENDER, unless otherwise specified, is a reference to the Revised Statutes of Ontario, 1990 edition, and, in every case, includes all applicable amendments to the legislation, including successor legislation. d) The words “shall”, “will”, and “must” used in this TENDER denote imperative. e) The word “may” used in this TENDER denotes permissive. f) The word “and” is an inclusive conjunction, the use of which indicates that all items or phrases in the subsection, article, or list in which it appears are permitted or required, as the case may be. The word “or” is an alternate conjunction, the use of which indicates that alternate or optional items or phrases in the subsection, article or list in which it appears are permitted or required, as the case may be; however, notwithstanding the foregoing, where the context permits, the word “or” may also be an inclusive conjunction having the same meaning as the word “and”.PART A - INSTRUCTIONS TO BIDDERS
Total Acquisition Cost means the full cost to acquire particular Goods or Services, including acquisition, operating and disposal as well as the consideration of quality, service and availability.
Total Acquisition Cost means the sum of all costs including, but not limited to, purchase price, all taxes, warranties, local service costs, life cycle costs, time of completion or delivery, inventory carrying costs, operating and disposal costs for purposes of determining the lowest compliant bid and the method of procurement required.
Total Acquisition Cost means the total cost of any Permitted Acquisition, including all direct and indirect costs associated with such Permitted Acquisition.
Total Acquisition Cost means an evaluation of quality and service in the assessment of a Bid and the sum of all costs including purchase price, all taxes, warranties, local service costs, life cycle costs, time of completion or delivery, inventory carrying costs, operating and disposal costs for determining the Lowest Compliant Bid; (2) Schedules “A”, “B”, and “C” attached hereto form part of this By-law.PART IV – GENERAL PROCUREMENT POLICY APPLICATION
Total Acquisition Cost. – shall mean the total cost of ownership, operation or purchase or lease to the Township. This cost is arrived at after all factors such as price, quality, services, terms and conditions and warranties, including taxes and discounts have been considered.
Total Acquisition Cost means the most cost efficient and effective manner, being the sum of all costs including but not limited to purchase price, warranty, life cycle cost, administrative, operating and disposal costs.