Vendor peer group definition

Vendor peer group means 2 or more vendors who have similar characteristics as determined by the state WIC office.
View Source
Vendor peer group means a group of authorized vendors based on common characteristics or criteria that affect food prices, which is used to apply appropriate competitive price criteria to vendors at authorization and limit payments for food to competitive levels.
View Source
Vendor peer group means a group of two or more vendors determined by the department to have similar characteristics and used to set distinct competitive price criteria and allowable reimbursement levels.
View Source

Examples of Vendor peer group in a sentence

  • The Department will determine the Not to Exceed (NTE) price, i.e., the maximum allowable price for each WIC-approved formula based on the Vendor peer group as described in MI- WIC Vendor Policy 2.03.

  • The Department has approved Vendor based upon selection criteria, Vendor’s geographic location, availability to the WIC Program participant population, and competitive MARL prices (regular price and not sale price) within a designated Vendor peer group.

  • The Department will determine the Not to Exceed (NTE) price, i.e., the maximum allowable price for each food item based on the Vendor peer group as described in MI-WIC Vendor Policy 2.03.

  • The Department has approved the Vendor based upon selection criteria, the Vendor’s geographic location, availability to the WIC participant population, and competitive prices (regular price and not “sale price”) within a designated Vendor peer group.

  • Vendor peer group - a group of two or more vendors determined by Hawaii WIC to have similar characteristics and used to set distinct competitive price criteria and allowable reimbursement levels.


More Definitions of Vendor peer group

Vendor peer group means a group of authorized vendors based on common characteristics or criteria that affect food prices, which is used to apply appropriate competitive price criteria to vendors at authorization and to limit payments for food to competitive levels.
View Source
Vendor peer group means 2 or more vendors who have similar characteris tics as determ ined by the state WIC office.
View Source
Vendor peer group means a group of authorized vendors based on common characteristics or criteria that affect food prices, which is used to apply
View Source

Related to Vendor peer group

  • Peer Group means the group of companies, as more particularly set forth on attached Exhibit A, against which the Relative Total Shareholder Return of the Company is measured over the Incentive Period.

  • Peer Group Companies means the following companies: .

  • Peer Companies means the following companies which remain publicly traded throughout the entire TSR Measurement Period: AbbVie GlaxoSmithKline Amgen Johnson & ▇▇▇▇▇▇▇ AstraZeneca Merck Biogen Novartis Celgene Pfizer ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Gilead Sciences Sanofi Companies that were publicly traded as of the Award Date but are no longer publicly traded as of the end of the TSR Measurement Period shall be excluded, except that companies that are no longer publicly traded as of the end of the TSR Measurement Period due to filing for bankruptcy prior to the end of the TSR Measurement Period shall be assigned a Total Shareholder Return of -100% for the TSR Measurement Period. In the case of a merger or acquisition involving two Peer Companies during the TSR Measurement Period, the acquiree or merged company, as the case may be, shall be removed from the list of Peer Companies, and the acquirer or successor company, as the case may be, shall remain on the list of Peer Companies. In the case of a spinoff involving a Peer Company during the TSR Measurement Period, such company shall remain on the list of Peer Companies, provided that it remains an appropriate peer. Any new company formed as a result of the spinoff shall not be added to the list of Peer Companies for the current TSR Measurement Period (however, such company may be added to the list of Peer Companies for subsequent awards, if the Committee deems such inclusion appropriate). For the avoidance of doubt, following the closing of the Company’s acquisition of Celgene Corporation (“Celgene”), Celgene shall be has been removed from the list of Peer Companies.

  • Supplier Profit Margin means, in relation to a period or a Milestone (as the context requires), the Supplier Profit for the relevant period or in relation to the relevant Milestone divided by the total Call Off Contract Charges over the same period or in relation to the relevant Milestone and expressed as a percentage;

  • Supplier Group means the Supplier, its Affiliated Companies, its subcontractors and its and their respective employees, officers, directors, representatives, agents and invitees.