rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;
rand value means the total estimated value of a contract in South African currency, calculated at the time of bid invitations, and includes all applicable taxes and excise duties;
rand value means the total estimated value of a contract in Rand denomination that is calculated at the time of bid invitations and includes all applicable taxes and excise duties.
More Definitions of rand value
rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes; POINTS AWARDED FOR PRICETHE 80/20 OR 90/10 PREFERENCE POINT SYSTEMS A maximum of 80 or 90 points is allocated for price on the following basis: 80/20 or 90/10 or Where Ps = Points scored for price of bid under consideration Pt = Price of bid under consideration Pmin = Price of lowest acceptable bid POINTS AWARDED FOR B-BBEE STATUS LEVEL OF CONTRIBUTORIn terms of Regulation 6 (2) and 7 (2) of the Preferential Procurement Regulations, preference points must be awarded to a bidder for attaining the B-BBEE status level of contribution in accordance with the table below:
rand value means the total estimated value of a contract in South African currency, calculated at
rand value means the total estimated value of a contract in Rand, calculated at the time of the tender invitation;
rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;3. POINTS AWARDED FOR PRICE3.1 THE 80/20 OR 90/10 PREFERENCE POINT SYSTEMSA maximum of 80 or 90 points is allocated for price on the following basis:80/20 or 90/10 Ps 801 Pt P min orPs 901 Pt P min P min P min Where Ps=Points scored for price of bid under considerationPt=Price of bid under considerationPmin=Price of lowest acceptable bid 4. POINTS AWARDED FOR B-BBEE STATUS LEVEL OF CONTRIBUTOR4.1 In terms of Regulation 6 (2) and 7 (2) of the Preferential Procurement Regulations, preference points must be awarded to a bidder for attaining the B-BBEE status level of contribution in accordance with the table below: B-BBEE Status Level of ContributorNumber of points (90/10 system)Number of points (80/20 system)5. BID DECLARATION5.1 Bidders who claim points in respect of B-BBEE Status Level of Contribution must complete the following:6. B-BBEE STATUS LEVEL OF CONTRIBUTOR CLAIMED IN TERMS OF PARAGRAPHS 1.4 AND 4.16.1 B-BBEE Status Level of Contributor: . = ………(maximum of 10 or 20 points)(Points claimed in respect of paragraph 7.1 must be in accordance with the table reflected in paragraph 4.1 and must be substantiated by relevant proof of B-BBEE status level of contributor.7. SUB-CONTRACTING7.1 Will any portion of the contract be sub-contracted? (Tick applicable box) YES NO 7.1.1 If yes, indicate:
rand value means the total estimated value of a contract in Rand, calculated at the
rand value means the total estimated value of a contract in South African currency,