Multiple Awards definition

Multiple Awards means an award of an indefinite quantity contract for one or more similar products, commodities or Services to more than one Bidder.
Multiple Awards. The Government anticipates making multiple-awards, with each awarded contract to provide the supplies and services that fit within the scope of the contract(s). However, the Government reserves the right to make a single award if it is in the best interest of the Government.

Examples of Multiple Awards in a sentence

  • Multiple Awards will ensure that any ensuing Master Agreements fulfill current and future requirements of the diverse and large number of Participating Public Agencies.

  • This Agreement constitutes binding and valid obligations of Seller.

  • Multiple Awards will ensure that any ensuing contracts fulfill current and future requirements of the diverse and large number of participating public agencies.

  • The following solicitation provisions pertinent to this section are hereby incorporated by reference: 52.212‑1 APR 2014 Instructions to Offerors ‑ Commercial Items 52.216-27 OCT 1995 Single or Multiple Awards The Government contemplates award of an Indefinite-Delivery, Indefinite-Quantity Contract resulting from this solicitation.

  • Single Or Multiple Awards of Delivery Order Line Items: The government reserves the right to award any item or group of items of a proposal.

Related to Multiple Awards

  • Multiple award contracts means the award of a contract for an indefinite quantity of a procurement item to more than one person.

  • Multiple Source Award means an award of an indefinite quantity contract for one or more similar services, items of tangible personal property or construction to more than one Offeror.

  • Performance Awards means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be cash- or stock-denominated and may be settled for cash, Shares or other securities or a combination of the foregoing under Section 10.

  • Performance-Based Awards means the Performance Share Awards and Restricted Stock Awards granted to selected Covered Employees pursuant to Articles 9 and 10, but which are subject to the terms and conditions set forth in Article 11. All Performance-Based Awards are intended to qualify as "performance-based compensation" under Section 162(m) of the Code.

  • Other Stock-Based Awards means Awards granted to a Participant under Section 6(i) hereof.