The Procurement Entity definition
Examples of The Procurement Entity in a sentence
The Procurement Entity hereby covenants to pay the Supplier in consideration of the provision of the Goods, as specified in the Purchase Orders in accordance with the Technical specifications submitted by the Supplier, the amount against the delivered items after favorable inspection report of the delivered items.
The Procurement Entity will determine to its satisfaction whether the Tenderer selected as having submitted the lowest evaluated responsive Tender is qualified to satisfactorily perform the Contract.
The Procurement Entity will conclude Framework Agreements with the Tenderers that meet the qualification criteria and whose Tenders have been determined to be substantially responsive as follows; All Tenderers shall be ranked in terms of evaluated cost(s), with the first ranked being the lowest evaluated cost, the second-ranked being the second lowest evaluated cost, and so on.
Any Tender, and to Reject Any or All Tenders The Procurement Entity reserves the right to accept or reject any Tender and to annul the Tendering process and reject all Tenders at any time before the conclusion of a Framework Agreement(s), without thereby incurring any liability to Tenderers.
The Procurement Entity hereby covenants to pay the Supplier in consideration of the provision of the Goods, as specified in the Technical Specifications in accordance with the Price Schedule submitted by the Supplier, the amount against the delivered items after favorable inspection report of the delivered items.
The Procurement Entity may, without prejudice to any other remedy for breach of Contract, by written notice of default sent to the Supplier, terminate the Contract in whole or in part if the Supplier, in the judgment of the Procurement Entity has engaged in corrupt or fraudulent practices in competing for or in executing the contract.
Comparison of Tenders The Procurement Entity shall compare the evaluated costs of all substantially responsive Tenders established per ITT 31 to determine the ranking of Tenders based on the lowest evaluated cost.
The Procurement Entity may require, during the Term of the Framework Agreement, evidence of the Contractor's continued qualification and eligibility.
The Procurement Entity shall prepare the detailed TS to take into account that: The TS constitutes the benchmarks against which the Procurement Entity will verify the technical responsiveness of Tenders and subsequently evaluate the Tenders.
The Procurement Entity will conclude an FWA with: All the Tenderers ranked in (a) above if no maximum number of Contractors is specified in ITT 1.2 (l).