Best Value Procurement definition

Best Value Procurement means a procurement that considers factors other than only price.

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Best Value Procurement means a purchasing method used in awarding a contract based on evaluating and comparing all established quality criteria where cost is not the sole determining factor in the award.

Best Value Procurement means a procurement that considers factors other than only price. “CAO” means the Chief Administrative Officer of the Comox Valley Regional District.

Examples of Best Value Procurement in a sentence

• To determine the procurement method, State Agencies may consult Appendix D of the Best Value Procurement Handbook; other entities must consult their own procurement regulations.

• For further details please see the Best Value Procurement Handbook.

• For more details, please see the Best Value Procurement Handbook.

• SEMSWA’S Board of Directors has authorized the Executive Director to implement Best Value Procurement Delivery Method (Resolution No. 19-38).

• Buyer expressly acknowledges and agrees that (A) the Stay Bonus Escrow Account shall not secure the indemnification obligations of Seller and Seller’s Parent hereunder, and (B) any excess funds that remain in the Stay Bonus Escrow Account after the Target Company processes all of the stay bonuses due to employees shall be released to Seller pursuant to the terms of the Stay Bonus Escrow Agreement.

More Definitions of Best Value Procurement

Best Value Procurement means the selection of a Vendor based on a determination of which Offer

Best Value Procurement. As permitted by Texas Education Code 51.9335, other institutions of higher education may utilize this Contract as a best value method to procure the services provided herein, subject to COLLECTOR’S express written agreement, upon financial and other terms to be agreed upon by COLLECTOR and such other institutions, including any SYSTEM MEMBER.

Best Value Procurement means a procurement method used in awarding a contract based on evaluating and comparing all established quality criteria, and cost is not the sole determining factor in the award. This includes RFPs, RFIs, and EOIs.

Best Value Procurement means a method of selecting a vendor based on a determination of which vendor’s proposal offers the best trade-off between price and performance, in which quality is considered an integral performance factor. The selection may be based on evaluation factors including but not limited to:

Best Value Procurement means the optimal combination of total cost, performance, economic, environmental and social sustainability.

Best Value Procurement means a process by which a

Best Value Procurement means the basis for awarding contracts for services to the offerer which optimizes quality, cost and efficiency, among responsive and responsible offerers. Such basis shall reflect, wherever possible, objective and quantifiable analysis. Such basis may also identify a quantitative factor for offerers that are small businesses or certified minority- or women-owned business enterprises as defined in subdivisions one, seven, fifteen and twenty of section three hundred ten of the executive law to be used in evaluation of offers for awarding of contracts for services. Best Value Procurement has been established by the County of Essex pursuant to Local Law No. 4 for 2014, and the requirements thereof are contained in said local law and in this Procurement Policy. Best Value Methodology shall not be used with respect to Public Works contracts.