Competitive Procurement definition

Competitive Procurement means a set of procedures for developing a procurement contract through a bidding or proposal process. The intent is to solicit fair, impartial, competitive bids.

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Competitive Procurement means a procurement process followed in order to provide an equal opportunity to multiple vendors, whether by invitation or by advertisement to the public, to bid on a contract as set out in a bid call document;

Competitive Procurement means a procurement method whereby all interested suppliers may submit a bid;

Examples of Competitive Procurement in a sentence

• Also include documentation of how the Contractor was selected and why this selection supports best value; See also 801 CMR 21.05 and "Competitive Procurement Exceptions" of the OSD Procurement Information Center (PIC).

• Competitive Procurement Grantee shall not award contracts over $10,000 on the basis of a noncompetitive procurement for work to be performed under this Agreement without the prior written approval of SANDAG.

• Consistent with Section 134(c)(2), the STLWDB shall identify and competitively procure the One- Stop Operator, Career Services Provider(s) and Youth Providers following the Board’s Competitive Procurement Process for Selection of One Stop Operators and Service Providers.

• Trade Agreements may include provisions which waive the requirement to conduct a Competitive Procurement in certain circumstances (e.g., only one supplier exists due to patent or other exclusive rights; unforeseen emergency).

• Generally, procurements that are subject to Trade Agreements must follow a Competitive Procurement process whereby the solicitation document (e.g., a request for proposal) is posted publicly and open to any interested supplier to submit a proposal.

More Definitions of Competitive Procurement

Competitive Procurement means a process that includes a bidding or a response process to provide equal opportunity to multiple suppliers, intended to solicit fair and competitive bids.

Competitive Procurement means and include the processes for competitive bidding, Request for Expression of Interest, Request for Proposals, and Request for Qualifications.

Competitive Procurement means contracting with a qualified response action contractor using one or more of the procedures specified in Rule 62-772.400 or 62-772.401, F.A.C. and consistent with Section 287.057, F.S.

Competitive Procurement means the acquisition of Goods and/or Services through fair and open competition where multiple Contractors have been considered and evaluated prior to selection and purchase.

Competitive Procurement means that all procurement transactions, including small purchases, must be conducted in a manner that maximizes free and open competition.

Competitive Procurement pursuant to 2 NYCRR § 206.2, means a procurement where EFC has:

Competitive Procurement means a Procurement process where more than one Bidder and/or Proponent is provided the opportunity to submit a Bid or Proposal.