Dynamic Market definition
Dynamic Market means a list of qualified Suppliers who have met the conditions of membership of the dynamic market who are eligible to participate in future procurements.
Dynamic Market means a list of pre-selected suppliers, compliantly procured, which may be used to run a further competition for a requirement.
Dynamic Market means arrangements established by a public body for the purpose of a public body awarding contracts by reference to suppliers’ participation in the arrangements, and “membership of a dynamic market” means participation in those arrangements;
Examples of Dynamic Market in a sentence
See “—Impact of Commodity Price Volatility and Dynamic Market Conditions on Our Business Model” below for further discussion.
Demographic Processes in a Model of Innovation Diffusion with Dynamic Market.
More Definitions of Dynamic Market
Dynamic Market means a market made of suppliers who meet the conditions for membership and as set out in The Procurement Act 2023.
Dynamic Market means arrangements established under section 35(1); references to a contract being awarded by reference to suppliers’
Dynamic Market is a means of pre-qualifying suppliers who can then later be invited to tender for specific contracts. It allows for key participation requirements to be assessed in advance, in theory providing for a quicker tender process later on.