Local supplier definition

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content of 50% as prescribed in DIPP Order No.P-45021/2/2017-PP (BE-II) dated 28th May, 2018 or by the competent Ministries/Departments in pursuance of this order.

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed under this Order or by the competent Ministries / Departments in pursuance of this order.

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed at sr. no. i. above.

Examples of Local supplier in a sentence

• Purchase preference shall be given to only “Class-I Local Supplier” (Class II Local Supplier are not eligible for purchase preference) in procurements.

• The Contractor [Class – I Local Supplier/ Class – II Local Supplier/ Non – Local Supplier] undertakes to ensure minimum Local Content in the Project Highway of atleast [50%/20%] duly complying with the provisions of Department of Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India Order No. P-45021/2/2017-PP (BE-II) dated September 16, 2020 as amended or modified till Bid Due Date and the provisions under Rule 144 (xi) of GFR, 2017.

• The Contractor [Class – I Local Supplier/ Class – II Local Supplier/ Non – Local Supplier] undertakes to ensure minimum Local Content in the Project of atleast [50%/20%] duly complying with the provisions of Department of Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India Order No. P-45021/2/2017-PP (BE-II) dated September 16, 2020 as amended or modified till Bid Due Date and the provisions under Rule 144 (xi) of GFR, 2017.

• The contractor [Class I Local Supplier/ Class II Local Supplier/ Non Local Supplier] undertakes to ensure minimum Local content in the project highway of at least [50%/20%] duly complying with the provisions of Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India Order No. – P-45021/2/2017-PP (BE-II) dated September 16,2020 as amended or modified till Bid Due Date and the provisions under Rule 144 (xi) of GFR, 2017.

• Payment Arrangements: Customer agrees to pay all the Local Supplier charges (except disputed amounts), within sixty (60) days of Customer’s of invoice date.

More Definitions of Local supplier

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content. ‘Local Content’ means the mount of value added in India, which shall, unless otherwise prescribed, be the total value of the item procured (excluding net domestic indirect taxes) minus the value of imported content in the item (including all custom duties) as a proportion of the total value, in percent.

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum 50% local content.

Local supplier means a supplier whose product offered for procurement meets the local content as prescribed.

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed in DIPP Order No.P-45021/2/2017-PP (BE-II) dated 29.05.2019 or by the competent Ministries/Departments in pursuance of this order.

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed. The minimum local content shall be 50%.

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed under the aforesaid order or by the competent Ministries/Departments in pursuance of the aforesaid order.

Local supplier means a supplier doing business in the Area for not less than the past five consecutive years.