Class-I local supplier definition

Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%, as defined under said Order.
Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%, as defined under this clause.
Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%.

Examples of Class-I local supplier in a sentence

  • In case such lowest eligible Class-I local supplier fails to match the L-1 price, the Class-I local supplier with the next higher bid within the margin of purchase preference shall be invited to match the L-1 price and so on and contract shall be awarded accordingly.

  • In case such lowest eligible Class-I supplier fails to match the L-1 price or accept less than the offer quantity, the next higher Class-I local supplier within the margin of purchase preference shall be invited to match the L-1 price for remaining quantity and so on, and contract shall be awarded accordingly.

  • Only Class-I local supplier and Class-II local supplier as defined under the order, shall be eligible to bid in procurements undertaken by procuring entities, except when global tender enquiries have been issued.

  • If L-1 is from a Class-I local supplier, the contract will be awarded to L-1.

  • If L-1 is from a Class-I local supplier, the contract for full quantity will be awarded to L-1 at L-1 price by the Purchaser.


More Definitions of Class-I local supplier

Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, meets the minimum local content as prescribed for 'Class-I local supplier' under this Order.
Class-I local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed for ‘Class-I local supplier’ hereunder.
Class-I local supplier means a supplier or service provider whose product or service offered for procurement has local content equal to or more than 50%.
Class-I local supplier means a supplier or service provider, whose goods, services or works
Class-I local supplier means a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%, as defined under the Order No. P-45021/2/2017-PP(BE-II) dated 04.06.2020 issued by Department for Promotion of Industry and Internal Trade (DPIIT). Minimum local content for ‘Class-I local supplier’ shall be 90% for the subject tender.
Class-I local supplier means a supplier or service provider , whose goods, services or works offered for procurement, meets the minimum local content as prescribed for „Class-I local supplier‟. Presently, the local content requirement to categorize a supplier as „Class-I local supplier‟ is minimum 50%*.
Class-I local supplier means a supplier or service provider, whose goods offered for procurement, meets the minimum local content as prescribed for ‘Class-I local supplier’.