PPPFA Regulations definition

PPPFA Regulations means the Preferential Procurement Regulations, 2017 published in terms of the PPPFA.

PPPFA Regulations means the Preferential Procurement Regulations 2011, as amended in 2017 published in terms of the PPPFA.

PPPFA Regulations means the regulations issued in terms of the Preferential Procurement Policy Framework Act, 5 of 2000;

Examples of PPPFA Regulations in a sentence

• Points will be allocated to Bidders at this stage of the evaluation in accordance with the PPPFA and the PPPFA Regulations, as follows: Price points 80Preferential procurement points 20 • Price pointsThe following formula will be used to calculate the points for price: Ps = 80(1-(Pt-Pmin)/Pmin) Where:Ps = Points scored for comparative price of tender or offer under consideration; Pt = Comparative price of tender or offer under consideration; andPmin = Comparative price of lowest acceptable tender or offer.

• In addition to the financial offer and preference evaluation, the Tenderers having the highest ranking / number of points, will additionally be reviewed against the following points listed as “Other Objective Criteria” in terms of the PPPFA Regulations of 2017, in order to ascertain suitability for award.

• The recommended preferred Bidder will be the Bidder with the lowest overall price in the Third Stage of the Bid evaluation, unless the DBSA exercises its right to cancel the RFP, in line with the PPPFA Regulations.

More Definitions of PPPFA Regulations

PPPFA Regulations means the regulations in terms of the PPPFA;

PPPFA Regulations means the Preferential Procurement Policy Framework Act Regulations as published in Government Notice 9544, Vol. 552, No. 34350, dated 8 June 2011 in terms of section 5 of the Preferential Procurement Policy Framework Act, 2000 (Act No. 5 of 2000), and as amended from time to time;