Fixed budget selection definition

Fixed budget selection means selection of a bidder with the best technical bid, who is within the fixed budget.
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Fixed budget selection means a selection of a bidder with the best technical bid who is within budget.
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Examples of Fixed budget selection in a sentence

  • Fixed budget selection Fixed budget selection applies to procurement of simple consulting services within a pre-determined budget that is fixed in the tender documentation.

Related to Fixed budget selection

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Budget Period means the fiscal period for which a budget is prepared.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53 (1) (c) (ii) for implementing the municipality's delivery of municipal services and its annual budget, and which must indicate-

  • Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 9.1;