Rationalisation definition

Rationalisation means a study to rationalise a variety of very similar items and reduce the number to the lowest minimum possible and still satisfy the needs of the he Procuring Entity. The result is a reduction in cost and the number of line items held in the stores.
Rationalisation according to Government means “merger”, “mainstreaming”, “transfer” and also “winding up.” Those are four key policy positions that must be explained so that when the House adopts and says we are mainstreaming; we actually understand what mainstreaming is. If they are saying they are going to merge – (Interruption)
Rationalisation means the steps as described on pages 14 to 29 (inclusive) of the Steps Paper;

Examples of Rationalisation in a sentence

  • Rationalisation of the Estate Determining and delivering an estate of the right size via: • Progress on the Core Sites Initiative; • Disposing of surplus estate.

  • These recommendations are at the heart of the Defence Training Review (DTR) Rationalisation Programme, which is a large and complex project seeking to transform the way that specialist technical training in the future is delivered.

  • Therefore the Commissioner will conduct annual reviews to monitor progress on; Communication, Customer Satisfaction, Product Rationalisation, Environment, Equalities, Improvements to service, Innovation, Price and Quality standards.

  • The restriction in this clause 20.12 (Mergers) shall not apply to any DGE Rationalisation Event.

  • The defence Training Review has led to an approach of rationalising elements of Ministry of Defence training to a single modern site, and the successful bid to the defence training Review Rationalisation programme was developed and progressed alongside WAGs own proposals for an Aerospace Business Park, to attract new companies and jobs to St Athan.

  • Seller further acknowledges that OXMI shall cause a legend to be placed on the certificates representing the Issued Shares to reflect the foregoing.

  • In order to meet the requirements of the DTR Rationalisation Programme, a comprehensive site is required that provides, in addition to the operational training and learning facilities, all of the necessary associated developments including living accommodation, medical, sports and recreational, community facilities, places of worship, an energy centre and other associated facilities.

  • Provided that in case the Concessionaire’s Trains are carried by a longer route in pursuance of the Rationalisation Scheme of MOR (under section 71 of the Railway Act 1989), the Concessionaire shall be liable to pay charges accordingly.

  • The tentative timeline for the submission and implementation of Proposed Rationalisation Scheme will be announced in due course.

  • For the avoidance of doubt, (i) MCR is an independent contractor for the purposes of the Asset Transfer and the Rationalisation Transaction and not an employee of YuuZoo and, (ii) the Consideration Shares are issued solely for MCR’s performance of the Asset Transfer under the Rationalisation Transaction.


More Definitions of Rationalisation

Rationalisation means a study to rationalise a variety of very similar items and reduce the number to the lowest minimum possible and still satisfy the needs of the he Procuring Entity. The result is a reduction in cost and the number of line items held in the stores. "Recuse" means to disqualify oneself from a particular case, or course of action; to declare oneself disqualified to act (maybe due to a conflict of interest). In procurement terms, it is generally to withdraw from an action such as to vote, for or against, a motion. "Responsive bid" means a bid which confirms to all the terms, conditions and requirements of the solicitation document without any material deviation, reservation or omission thereof.
Rationalisation means the steps as described on pages 14 to 29 (inclusive) of the Steps Paper; “Reference Accounts” has the meaning given in paragraph 2.1.2 of Part A of Schedule 3; “Related Person” means:

Related to Rationalisation

  • Nationalisation means that all the Shares or all or substantially all the assets of the Share Company are nationalised, expropriated or otherwise required to be transferred to any governmental agency, authority, entity or instrumentality thereof.

  • Hospitalisation means admission in a Hospital for a minimum period of 24 In patient Care consecutive hours except for specified procedures/ treatments, where such admission could be for a period of less than 24 consecutive hours.

  • Commercialisation means any and all activities directed to the preparation for sale of, offering for sale of, or sale of a product, including activities related to marketing, promoting, distributing, importing and exporting such product. When used as a verb, “to Commercialise” and “Commercialising” means to engage in Commercialization, and “Commercialised” has a corresponding meaning.

  • stabilisation means processes which change the hazardousness of the constituents in the waste and transform hazardous waste into non-hazardous waste.

  • Market Capitalisation means the market capitalization of the issuer of the relevant share. It is displayed in Bloomberg under the mnemonic “CUR_MKT_CAP * FX”