comparative price means the price after the factors of a non-firm price and all unconditional discounts that can be utilized have been taken into consideration;
comparative price means the price after deduction or addition of non-firm price factors, unconditional discounts, etc.
More Definitions of comparative price
comparative price means the price after the factors of a non-firm price and all unconditional discounts that can be utilized have been taken into consideration; 2.7. “consortium or joint venture” means an association of persons for the purpose of combining their expertise, property, capital, efforts, skill andknowledge in an activity for the execution of a contract; 2.8. “contract” means the agreement that results from the acceptance of a bid by an organ of state; 2.9. “EME” means any enterprise with annual total revenue of R5 million or less; 2.10 “Firm price” means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition, or abolition of customs or excise duty and any other duty, levy, or tax, which, in terms of the law or regulation, is binding on the contractor and demonstrably has an influence on the price of any supplies, or the rendering costs of any service, for the execution ofthe contract; 2.11 “Functionality” means the measurement according to predetermined norms, as set out in the bid documents, of a service or commodity that is designed to be practical and useful, working or operating, taking into account, among otherfactors, the quality, reliability, viability and durability of a service and the technical capacity and ability of a bidder; 2.12 “non-firm prices” means all prices other than “firm” prices; 2.13 “person” includes a juristic person; 2.14 “rand value” means the total estimated value of a contract in SouthAfrican currency, calculated at the time of bid invitations, and includes all applicable taxes and excise duties; 2.15 “sub-contract” means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support suchprimary contractor in the execution of part of a project in terms of the contract; 2.16 “total revenue” bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in theGovernment Gazette on 9 February 2007; 2.17 “trust” means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person;and 2.18 “trustee” means any person, including the founder of a trust, to whom property is bequeathed in order for such property tobe administered for the benefit of another person. 3. ADJUDICATION USI...
comparative price. - means the price after deduction or addition of non-company price factors, unconditional discounts.
comparative price means the price after the factor of a non-firm price and all unconditional discounts that can be utilised have been taken into consideration.
comparative price means the price after deduction or addition of non-firm price factors, unconditional discounts, etc. “Consortium” Means several entities joining forces as an umbrella entity to gain a strategic collaborative advantage by combining their expertise, capital, efforts, skills and knowledge for the purpose of executing this bid. “Department” means the Limpopo Department of Health (LDoH) “Disability” Means, in respect of a person, a permanent impairment of a physical, intellectual, or sensory function, which results in restricted, or lack of, ability to perform an activity in the manner, or within the range, considered normal for a human being. “Firm Price” Means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition or abolition of customs or excise duty and any other duty, levy or tax which, in terms of a law or regulation is binding on the contractor and demonstrably has influence on the price of any supplies or the rendering cost of any service, for the execution of a contract. “Goods” Means any work, equipment, machinery, tools, materials or anything of whatever nature to be rendered to Department of Health’s delegate by the successful Bidder in terms of this bid. “Internal Collaboration” Means collaborative arrangements within a group of companies or within various strategic business units/subsidiaries/operating divisions in order to gain a strategic position whilst sharing resources, profits and losses as well as risks. “Joint Ownership” (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment. “Joint Venture” Means two or more businesses joining together under a contractual agreement to conduct a specific business enterprise with both parties sharing profit and losses. “Laundry” Means hospital linen and hospital clothing for doctors, nurses and patients that needs to be washed or that have just been washed. “Licences” Means conditional use of another party’s intellectual property rights. “Management” “In relation to an enterprise or business, means an activity inclusive ofcontrol, and performed on a daily basis, by any person who is a principal
comparative price means the price after the factors of a non-firm price and all unconditional discount it can be utilised to have been taken into consideration.
comparative price means the p rice after the factors of a non-firm price and all un conditional discounts that can be utilized have been taken into consideration;
comparative price means the price after the factors of a non‐firm price and all unconditional discounts