Purchasing Process definition
Examples of Purchasing Process in a sentence
The Successful Offeror (the "Successful Offeror shall mean the Offeror, whose Offer has been chosen by IEC's Tender Committee as the most beneficial to it under the Purchasing Process) has failed to comply, within reasonable time, with any of the relevant requirements set out in the Purchasing Process documents.
IEC finds it necessary or beneficial to update or modify the specification or any other material requirement in the Purchasing Process documents.
All the proposals are unsatisfactory to IEC and IEC has reason to believe that issuance of a new Purchasing Process may solicit proposal/s, which is/are more advantageous to IEC.
There are reasonable grounds to believe that the administration of the Purchasing Process has been improperly of defectively conducted, as to all or part of the participants.
In the abovementioned circumstances and any other circumstances in terms of which IEC is entitled to cancel the Purchasing Process according to the law, IEC shall not be liable to pay any compensation whatsoever to any Offeror, in connection with the cancellation of the Purchasing Process.
IEC discovers an error or an omission in the Purchasing Process documents and/or in any data, which is relevant to the procurement of the Goods.
In a two stage Purchasing Process, the Participation Fee is required only for the first stage.
In a single stage Purchasing Process, the Participation Fee must be paid together with submission of the proposal.
IEC discovers an error or an omission in the Purchasing Process documents and/or in any data, which is relevant to the procurement of the Goods and/or Services.
The purchase will be conducted and concluded in accordance with and subject to the terms, conditions and requirements, set forth in the tender/inquiry/request for proposals (hereinafter: the "RFP" or the "Purchasing Process") documents.