Procuring definition
Examples of Procuring in a sentence
The Procuring Entity's request for clarification and the response shall be in writing.
If the Performance Security furnished by the successful Tenderer is in the form of a bond, it shall be issued by a bonding or insurance company that has been determined by the successful Tenderer to be acceptable to the Procuring Entity.
A Tender valid for a shorter period shall be rejected by the Procuring Entity as non-responsive.
Any clarification submitted by a Tenderer in respect to its Tender and that is not in response to a request by the Procuring Entity shall not be considered.
A foreign institution providing a bond shall have a correspondent financial institution located in Kenya, unless the Procuring Entity has agreed in writing that a correspondent financial institution is not required.
Any Tender received by the Procuring Entity after the deadline for submission of Tenders shall be declared late, rejected, and returned unopened to the Tenderer.
The Procuring Entity may also seek written clarification from the tenderer on the reason for the high tender price.
If so specified in the TDS, the Procuring Entity shall also promptly publish its response at the web page identified in the TDS.
By applying the criteria and methodologies, the Procuring Entity shall determine the Lowest Evaluated Tender.
If the price of the item or component cannot be derived from the price of other substantially responsive Tenders, the Procuring Entity shall use its best estimate.