Closed Framework Agreement definition
Closed Framework Agreement. A Closed Framework Agreement is where no new firm(s) may conclude Framework Agreement(s) during the Term of the Framework Agreement;
Closed Framework Agreement means a Framework Agreement where the Lead Procuring Entity / Responsible Contracting Entity [in multiple users FA] / Procuring Entity [in single user FA] cannot or a new firm(s) cannot conclude Framework Agreement(s) during the Term of the Framework Agreement;
Closed Framework Agreement means a framework agreement to which no supplier or contractor that is not initially a party to the framework agreement may subsequently become a party;
Examples of Closed Framework Agreement in a sentence
Framework Agreement Criteria This is a Closed Framework Agreement.
Only the prequalified applicants shall be entitled to participate in the procurement proceedings, and Invitation to Bids will be issued to the Prequalified Applicants and Closed Framework Agreement will be signed with the successful bidder(s) under Closed Framework Agreement.
The objective of the intended Closed Framework Agreement is the on-demand supply of transportation and allied services through subsequent Call-off Contract(s) with the successful/most advantageous bidder(s).
Framework Agreement Criteria This is a Closed Framework Agreement, i.e., no new firm(s) may conclude Framework Agreement(s) during the Term of the Framework Agreement The Procurement Entity shall specify in Section III Evaluation and Qualification Criteria, the criteria that will apply in the selection of Tenderer(s), with whom a Framework Agreement(s) may be concluded.
Framework Agreement Criteria This is a Closed Framework Agreement, i.e., no new firm(s) may conclude Framework Agreement(s) during the Term of the Framework Agreement.
More Definitions of Closed Framework Agreement
Closed Framework Agreement means an agreement with specified terms and conditions with an agreed price;
Closed Framework Agreement means a Framework Agreement where Procuring Entity cannot or a new firm(s) cannot conclude Framework Agreement(s) during the Term of the Framework Agreement;
Closed Framework Agreement means a Framework Agreement where the Lead Procuring Entity / Responsible Contracting Entity [in multiple users FA]
Closed Framework Agreement means a framework agreement in which a supplier is excluded from becoming a party unless that supplier became a party, at the time of the making of the agreement.
Closed Framework Agreement is where no new firm(s) may conclude Framework Agreement(s) during the Term of the Framework Agreement. “Commencement Date” is the date this Framework Agreement is signed by both parties, being the commencement of the Term. “Consultant” means a legally established professional consulting firm or an entity who has concluded a Framework Agreement to provide Services, from time to time, and as and when required, under a Call-off Contract. “Contract Price” is the price payable to the Consultant as stipulated in each Call-off Contract, subject to such additions and adjustments thereto or deductions therefrom, as may be made pursuant to the Contract. “Day” means calendar day. “In Writing” means communicated or recorded in written form. It includes, for example: mail, e-mail, fax or communication through an electronic procurement system (provided that the electronic system is accessible, secure, ensures integrity and confidentiality, and has sufficient audit trail features). “Lead Client”, when named in the Framework Agreement, means a party to the Framework Agreement, as a Client in its own right under the framework agreement and as the agency responsible for the management and administration of the Framework Agreement for use by the other participating Clients as stipulated in the FAP 2.2. All communications, including notices, in relation to the Framework Agreement, are to be addressed to the Lead Client. All communications, including notices, in relation to a Call-off Contract, are to be addressed to the Client named in the Call-off Contract. “Multi-User Framework Agreement” means a Framework Agreement where there is more than one Client permitted to procure pursuant to a Call-off Contract, as stipulated in FAP 2.2; “Responsible Agency”, when named in the Framework Agreement, is a party to the Framework Agreement, but only in its capacity as the agency responsible for managing and administering the Framework Agreement for use by the participating Clients. All communications, including notices, in relation to the Framework Agreement, are to be addressed to the Responsible Agency. “Secondary Procurement” is the method used to select a Consultant and award a Call-off Contract under this Framework Agreement. “Services” means the consulting services to be provided by the Consultant pursuant to a Call-Off Contract awarded pursuant to the Framework Agreement. “Single-User Framework Agreement” means a Framework Agreement where there is only one Client, as stipulated ...
Closed Framework Agreement is where no new firm(s) may conclude Framework Agreement(s) during the Term of the Framework Agreement. “Commencement Date” is the date this Framework Agreement is signed by both parties, being the commencement of the Term. “Contract Price” is the price payable to the Supplier as specified in the Call-off Contract, subject to such additions and adjustments thereto or deductions therefrom, as may be made under the Contract. “Day” means calendar day. “Goods” means all goods, materials, items, commodities, raw material, machinery, equipment, and/or other materials, as specified in the FWA Specific Provisions, that the Supplier is required to supply to the Procurement Entity under a Call-off Contract. Where appropriate, for interpretation, the definition of Goods includes Related Services. “In Writing” means communicated or recorded in written form. It includes, for example, mail, e-mail, or communication through an electronic procurement system (provided that the electronic system is accessible, and secure, ensures integrity and confidentiality, and has sufficient audit trail features). “Incoterms” means the international commercial terms for goods published by the International Chamber of Commerce (ICC). “Lead Procurement or Procuring Entity”, when named in the Framework Agreement, means a party to the Framework Agreement, as a Procurement Entity in its own right under the framework agreement and as the Entity responsible for the management and administration of the Framework Agreement for use by the other participating Procurement Entities as specified in the FWA Specific Provisions. All communications, including notices, concerning the Framework Agreement, are to be addressed to the Lead Procurement Entity. All communications, including notices, concerning a Call-off Contract, are to be addressed to the Procurement Entity named in the Call-off Contract. “Multi-User Framework Agreement” means a Framework Agreement where there is more than one Procurement Entity permitted to Procurement Entity through a Call-off Contract, as specified in the FWA Specific Provisions; “Procurement Agent”, when named in the Framework Agreement, is a party to the Framework Agreement, but only in its capacity as the Entity responsible for managing and administering the Framework Agreement for use by the participating Procurement Entities. All communications, including notices, concerning the Framework Agreement, are to be addressed to the Procurement Agent. “Procurement or Procur...
Closed Framework Agreement. A Closed Framework Agreement is where no new Procuring Entities may conclude Framework Agreement(s) during the Term of the Framework Agreement; “Country” means Nigeria; “Delivery Period” is the specified period from the date of formation of a Call-off contract to the delivery/completion of the Works; “Framework Agreement (FWA)” means the agreement between the Procurement Entity and Contractor(s) (the successful Tenderer(s)), to establish the terms and procedures governing the award of Contract Releases under the agreement; “FWA Supplier” means a Contractor in an FWA; “Lead Procurement Entity” when named in the Framework Agreement, a Lead Procurement Entity is a party to the Framework Agreement, in its capacity as (a) the lead Entity acting on behalf of all participating Procurement Entities in managing and administering the Framework Agreement, and (b) as a Procurement Entity in its own right; “Multi-User Framework Agreement” means a Framework Agreement where there is more than one Procurement Entity permitted to procure through a Contract Release; “Multi-Contractor Framework Agreement” means where more than one Tenderer concludes a Framework Agreement for the construction of the works; “Primary Procurement” means the procurement process that results in concluding a Framework Agreement(s) with a successful Tenderer(s), as described in this IFT; “Procurement Agent” when named in the Framework Agreement, is a party to the Framework Agreement, but only in its capacity to conclude the Framework Agreement(s) with successful Contractors, and, as the Entity responsible for managing and administering the Framework Agreement, on behalf of the Procurement Entity or Procurement Entities, once it has been concluded. A Procurement Agent is not a Procurement Entity under the Framework Agreement; “Procurement Entity” means the Entity that conducts public procurement under the Public Procurement Act; “Secondary Procurement” means the process described in the Framework Agreement and followed by a Procurement Entity to select an FWA Contractor, and award a Contract Release for the construction of the Works; “Single-User Framework Agreement” means a Framework Agreement where only one User (Entity) concludes the FWA; “Single-Contractor Framework Agreement” means a Framework Agreement where only one Tenderer concludes a Framework Agreement for the completion of the works; “Supplier or Contractor” means a Tenderer that has concluded a Framework Agreement through the Primary Pro...