Price preference definition

Price preference means a percentage of increase in price that the City may pay to obtain a
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Price preference means an amount, expressed as a percentage, to be used in the evaluation of offers in an acquisition of products.
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Price preference means the percentage allowance for a recycled product that costs more than a compa- rable virgin product. In bid situations, it is the percentage above the lowest cost of a comparable virgin product allowed for a recycled product when both bidders are responsible and responsive.
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Examples of Price preference in a sentence

  • BHEL reserves the right to operate Purchase / Price preference to Government of India Undertakings, which shall be given as per the guidelines of Government of India given from time to time and / or relax the Terms and Conditions of the tender.

  • Price preference is not the preferred practice the County wishes to employ in meeting the goals of this resolution.

  • Moreover, compliance or otherwise against each para/requirement of Annex A & B duly signed & stamped by firm authorized rep is to provided for technical scrutiny.l. Price preference is admissible to local manufacturers over foreign vendors as per PPRA Rule 24 and Govt of Pakistan (Ministry of Commerce) SRO 827 (I)/2001.

  • REJECTION OF OFFER:Bidders not agreeing to accept Indigenization clause, Purchase preference and/or Price preference clause and submission of INDBG shall be categorically rejected.

  • The Price preference above cannot however be taken for granted and every endeavor need be made by then to bring down cost and achieve competitiveness.


More Definitions of Price preference

Price preference means the mode of evaluating the price bids, specified hereinafter, between local enterprises and enterprises from outside the State, in response to a bid called by any procuring entity, with all other parameters of the bid being the same;
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Price preference means a percentage of increase in price that the Borough of Little Silver will pay to obtain a designated product or service.
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Price preference means a percentage by which offered prices for recycled products are reduced for purposes of bid evaluation. For example, under a 10% price-preference, if a bid of $1.00 per unit is received for a recycled product
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Price preference means a percentage of increase in price that the City may pay to obtain a designated recycled or environmentally preferable product or service.
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Price preference. – means a percentage by which offered prices for recycled products are reduced for purposes of bid evaluation. (For example, under 5% price preference, if a bid of $1.00 per unit is received for a recycled product meeting specifications, the bid price will be reduced by $0.05 (5%) and evaluated as though it had been $0.95. If this bid results in a contract award, the price actually contracted will be the bid price of $1.00 per unit.)
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Price preference means apercentage of increase in price the City of San Antonio will pay to obtain a designated product.
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Price preference means a percentage of increase in price that King County will pay to obtain a designated product.
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