Procurement Period definition

Procurement Period a/k/a “The Restricted Period” means the period from the intent to solicit offers/bids through final award and approval of the procurement contract by the Office of the State Comptroller.
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Procurement Period means the period beginning from the Appointed Date and ending on the COD of last Rake;
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Procurement Period shall be defined as the period of time within which the Prospective Customer must become a Seisint Customer for Broker to be entitled to a Commission.
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Examples of Procurement Period in a sentence

  • During the Procurement Period, the Service Provider shall, no later than 7 (seven) days from the end of each quarter, furnish to the Authority, a quarterly report on the progress of the procurement and supply of the Specialized Wagons/ ▇▇▇▇▇ and shall promptly give such other relevant information as may be required by the Authority in this regard.

  • Procurement Period: From July 1, 2021 to December 31, 2021 Quantity of Products purchased: Party A purchases 3000 machines within the above procurement period according to its own business plan.

  • The ISO shall conduct an ICAP Spot Market Auction to purchase Unforced Capacity which shall be used by an LSE toward all components of its LSE Unforced Capacity Obligation for each Obligation Procurement Period immediately preceding the start of each Obligation Procurement Period.

  • As described in Section III.9.1, the final Forward Reserve Procurement Period shall run from October 1, 2024 through February 28, 2025.

  • The ICAP Spot Market Auction will be conducted and solved simultaneously for Unforced Capacity that may be used by an LSE towards all components of its LSE Unforced Capacity Obligation for that Obligation Procurement Period using the applicable ICAP Demand Curves, as established in accordance with the ISO Procedures.

  • Failure to Procure the Prospective Customer within a Procurement Period may result, at Seisint's discretion, in the loss by Broker of a right to Commissions.

  • Seisint may, in its reasonable discretion, extend the Procurement Period.

  • A conditional Participant Agreement, between the Company and Customer, or similar, utilized for gauging customer interest in a given Resource Procurement Period will be used.

  • Forward Reserve Procurement Period is defined in Section III.9.1 of Market Rule 1.

  • The ISO will not pay an Installed Capacity Supplier more than the applicable Market- Clearing Price of Unforced Capacity determined in the ICAP Spot Market Auction per MW of Unforced Capacity, or, in the case of In-City generation that is subject to capacity market mitigation measures, the annual mitigated price cap per MW of Unforced Capacity, whichever is less, pro-rated to reflect the portion of the Obligation Procurement Period for which the Installed Capacity Supplier provides Unforced Capacity.


More Definitions of Procurement Period

Procurement Period has the meaning given to such term in Clause 4.1(b).
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