Competitive procurement process definition

Competitive procurement process has the meaning given to it in Section 4.2(a) of Schedule “A”.
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Competitive procurement process means competitive bid, request for proposals, and
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Competitive procurement process means a process conducted by a utility for soliciting and evaluating proposals for any new, additional or amended resource, including but not limited to instructions to bidders, bid specifications, conditions, forms or other requirements included in a request for proposals and all methods, practices and assumptions used by a utility to model or evaluate such proposals or to negotiate with bidders, and that otherwise complies with law.
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Examples of Competitive procurement process in a sentence

  • Competitive procurement process specific requirements as stated in BPS Supply Chain Guideline.


More Definitions of Competitive procurement process

Competitive procurement process means an open bidding or solicitation process such as a tender, request for proposal, pre-qualification, negotiated request for proposal or similar process, issued by the City or another government entity for the City, wherein suppliers
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Competitive procurement process means the process of procuring any goods, services, or construction through competitive, sealed proposals to requests issued by the City through its open and public process.
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Competitive procurement process means a procurement process where Submissions are solicited from Suppliers by invitation or through a publicly posted Solicitation Document.
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Competitive procurement process means an auction in which
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Competitive procurement process means a reasonably transparent, competitive process used to procure products under the EPSP;
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Related to Competitive procurement process

  • Competitive Process means a formal sealed, electronic, or web-based bid procedure used for all nonclaims related purchases for goods and services over fifty thousand dollars. For purchases between five thousand dollars and fifty thousand dollars, competitive process means quotations obtained from at least three vendors by telephone or written quotations, or both, and supported by evidence of competition. Purchases up to five thousand dollars are exempt from competitive bids providing procurement is based on obtaining maximum quality at minimum cost.

  • Procurement Process means the process commenced by the issuing of this Invitation and concluding upon the award of a contract (or other outcome as determined by Tetra Tech International Development) or upon the earlier termination of the process

  • Competitive Product means a product or service, made or provided by a Competitor, which is the same as or is directly competitive with one with respect to which the Employee acquired confidential information relating to the Company, or its business, products or services by reason of the Employee's work with the Company.

  • Cooperative procurement means procurement conducted by, or on behalf of:

  • Competitive Products shall include any product or service that directly or indirectly competes with, is substantially similar to, or serves as a reasonable substitute for, any product or service in research, development or design, or manufactured, produced, sold or distributed by the Company;