Restricted Competition Sample Clauses
The Restricted Competition clause limits a party’s ability to engage in business activities that directly compete with the other party, typically during and sometimes after the term of an agreement. This clause may specify certain industries, geographic areas, or time periods in which competition is prohibited, and can apply to actions such as starting a rival business, soliciting clients, or hiring employees from the other party. Its core function is to protect the legitimate business interests of one party by preventing unfair competition and safeguarding confidential information or customer relationships.
Restricted Competition. During the Fair Opportunity Process the Government may: conduct unrestricted competition; elect to restrict competition for Task Orders totally to Small Businesses, Service Disabled Veteran Owned Small Businesses (SDVOSB), Women-Owned Small Businesses, 8
(a) Businesses, or HubZone Businesses. The Task Order solicitation will notify offerors of the restricted competition decision.
(a) Businesses, the Prime Contractor must perform at least 50% of the Work (See FAR 52.219-14). For HubZone competition restriction, at least 50% of the work will be performed by the Prime Contractor or other HubZone Small Business concerns (See FAR 52.219.3). If a Task Order Solicitation is competition restricted for Service Disabled Veterans Owned Small Business, at least 50% of the effort will be performed by the Prime Contractor or other Service Disabled Veteran Owned Small Business concerns (See FAR 52.219-27). In accordance with FAR 16.505(a)(8), no protest under FAR Subpart 33.1 is authorized in connection with PCO decisions regarding fair opportunity or the issuance of a TO under this contract, except for a protest on the grounds that a TO increases the scope, period, or maximum value of the contract.
Restricted Competition. During the Fair Opportunity Process, the Government may elect to conduct a restricted or an unrestricted competition. The Government may elect to restrict competition for Orders, either totally or in part, to Small Businesses or other available Small Business Administration (SBA) small business designations (i.e., 8(a), HubZone, Service Disabled Veteran Owned Small Business (SDVOSB), Economically Disadvantaged Women- Owned Small Business (EDWOSB). The DO/TO solicitation will notify Offerors if it will be solicited on a restricted or an unrestricted basis. If solicited on a restricted basis:
i. For services, at least 50 percent of the cost of contract performance incurred for personnel shall be expended for employees of the prime or other business with the same SBA small business designation.
ii. For supplies (other than acquisition from a non-manufacturer of the supplies), the prime or other business with the same SBA small business designation shall perform work for at least 50 percent of the cost of manufacturing the supplies, not including the cost of materials.
Restricted Competition. At Closing, Seller and the direct legal owners of Seller agree to sign a covenant not to compete in same or similar business as an employee, partner, owner, stockholder, or in any other manner, within a mile radius of the present business location for a period of consecutive years from the Closing Date.
Restricted Competition. During the Fair Opportunity Process the Government may conduct unrestricted competition or elect to restrict competition for the following set-asides: Small Businesses, Service Disabled Veteran Owned Small Businesses (SDVOSB), Women-Owned Small Businesses (WOSB), 8
(a) Businesses, or HubZone Businesses. The Task Order solicitation will notify offerors of the restricted competition decision. To be eligible as a SDVOSB, WOSB, 8(a) Business, or HubZone Small Business during the competitive ordering process, the Offeror must have that status at the time of Task Order proposal submission. The basis for verification of the applicable status is the offeror's System for Award Management (▇▇▇) certification under NAICS 541330 with the $41.5M exception for military and aerospace equipment and military weapons.
(a) Businesses or HubZone Small Businesses, the Prime Contractor will not pay more than 50 percent of the amount paid by the Government for contract performance to subcontractors that are not similarly situated entities. A similarly situated entity is defined as one with the same small business program status as the prime contractor that qualifies for the award (See FAR 52.219-14 Dev 2019-O0003). In accordance with FAR 16.505(a)(10), no protest under FAR Subpart 33.1 is authorized in connection with PCO decisions regarding fair opportunity or the issuance of a TO under this contract, except for a protest on the grounds that a TO increases the scope, period, or maximum value of the contract.
Restricted Competition. During the Fair Opportunity Process the Government may conduct unrestricted competition or elect to restrict competition for the following set-asides: Small Businesses, Service-Disabled Veteran Owned Small Businesses (SDVOSB), Women-Owned Small Businesses (WOSB), Small Disadvantaged Business
(a) Businesses, or HubZone Businesses. The Task Order solicitation will notify offerors of the restricted competition decision. To be eligible as a Small Business, Service-Disabled Veteran Owned Small Business (SDVOSB), Women-Owned Small Business (WOSB), Small Disadvantaged Business (SDB) 8(a) Business, or HubZone Business during the competitive ordering process, the Offeror must have that status at the time of Task Order proposal submission. The basis for verification of the applicable status is the offeror's System for Award Management (▇▇▇) certification under NAICS 541330 with the $47M exception for military and aerospace equipment and military weapons. For Task Order solicitations with competition restricted for Small Business, Service-Disabled Veteran Owned Small Business (SDVOSB), Women-Owned Small Business (WOSB), Small Disadvantaged Business (SDB) 8(a) Business, or HubZone Business, the Prime Contractor will not pay more than 50 percent of the amount paid by the Government for contract performance to subcontractors that are not similarly situated entities. A similarly situated entity is defined as one with the same small business program status as the prime contractor that qualifies for the award (See FAR 52.219-14 Dev 2021-O0008).
Restricted Competition. During the term of the Partnership, neither Partner nor any of its Affiliates shall, without the prior consent of the other Partner, (a) directly or indirectly engage in, (b) assist or have an active interest in (whether as proprietor, partner, investor, stockholder or any type of principal whatsoever, provided that the ownership of not more than 5% of the outstanding stock of a corporation traded on a national securities exchange shall not of itself be viewed as assisting or having an active interest) or (c) act as an agent for or advisor or consultant to any Person that is, or is about to become, directly engaged in any business involving the importation, manufacturing or sale of cement in the Market; provided, however, that nothing in this Section 7.10.1 shall prohibit the Partners or their respective Affiliates from owning an interest in the Partnership or from exercising or enforcing their rights and remedies or performing their obligations under this Agreement or the Formation Agreement.