Preference means an amount, expressed in terms of a percentage, by which a bid or price may exceed the next lower submitted bid or price.

Preference means a preference of fifteen percent (15%) in the comparison of prices submitted by Bidders participating in the Tender as stated in the Regulations.

Preference means that as set forth in Section 8.13 hereof.

Examples of Preference in a sentence

Points awarded for historically disadvantaged individuals Preference points for HDI’s are calculated on their percentage shareholding in a business, provided that they are actively involved in and exercise control over the enterprise.
Preference and reservations will be allowed, individually or in joint ventures.
Preference will be granted to California-based Contractors in accordance with Government Code Section 4530 whenever contract for goods and services are in excess of $85,000 and the Contractor meets certain requirements as defined in the California Code (Title 2, Section 1896.30) regarding labor needed to produce the goods or provide the services being procured.
Class-I / Class-II/ Non-Local Supplier in line with the Public Procurement (Preference to Make in India) Order 2017 No. P- 45021/2/2017-PP (BE-II) dated 04 Jun 2020 as amended from time to time.
There is no restriction on the origin of goods other than those prohibited by a decision of the UN Security Council taken under Chapter VII of the Charter of the UN, subject to Domestic Preference requirements under ITB Clause 18.

More Definitions of Preference

Preference means a preference of fifteen percent (15%) for Israeli Manufactured Goods and a preference of 20% for Goods from the Area Around the Gaza Strip, in the comparison of prices submitted

Preference means the right or opportunity to select a tenderer from an identified target group that is considered more desirable than another;

Preference. – shall mean the 5% by which the qualified offer amount would be decreased for evaluation purposes.

Preference means the 5% by which the qualified bidder’s bid amount would be decreased for evaluation purposes.

Preference means a transfer of property of an insurer to or for the benefit of a creditor:

Preference and "staffing needs" as used in this paragraph relate to the employee's work assignment and/or area.

Preference means the elevated position of an applicant to participate in the vacant land bidding process as described in subsection 6(d) of this chapter, above applicants who are not the owners, lessees or lawful occupants of adjoining lands in good standing with the Board.