Tradeoff definition

Tradeoff means that the Government may accept other than the lowest priced quotation, where the decision is consistent with the evaluation criteria and the Government reasonably determines that the perceived benefits of a higher priced quotation warrant the additional price.
Tradeoff means an analysis technique involving a comparison of price and non-price factors to determine the best value when considering the selection of other than the lowest priced proposal.
Tradeoff means an analysis technique involving a comparison of price and non-price factors to determine the best value when considering the selection of other than the lowest priced proposal. Two-phase selection process means a procurement process in which the first phase consists of short listing (based on qualifications submitted in response to an RFQ) and the second phase con- sists of the submission of price and technical proposals in response to an RFP. Weakness means a flaw in the pro- posal that increases the risk of unsuc- cessful contract performance. A signifi- cant weakness in the proposal is a flaw that appreciably increases the risk of unsuccessful contract performance. Weighted criteria process means a form of best value selection in which max- imum point values are pre-established for qualitative and price components, and award is based upon high total points earned by the offerors. [67 FR 75926, Dec. 10, 2002, as amended at 72 FR 45336, Aug. 14, 2007] § 636.104 Does this part apply to all Federal-aid design-build projects? The provisions of this part apply to all Federal-aid design-build projects within the highway right-of-way or linked to a Federal-aid highway project (i.e., the project would not exist without another Federal-aid highway project). Projects that are not located within the highway right-of-way, and not linked to a Federal-aid highway project may utilize State-approved pro- cedures. § 636.105 Is the FHWA requiring the use of design-build? No, the FHWA is neither requiring nor promoting the use of the design- build contracting method. The design- build contracting technique is op- tional.

Examples of Tradeoff in a sentence

  • Explain the type of source selection procedure being contemplated (i.e., Lowest Price Technically Acceptable (LPTA), Price/Technical Tradeoff or Value Adjusted Total Evaluated Price (VATEP)) in the evaluation of proposals and source selection.

  • Basis of Award- Tradeoff Selection Process‌B.1Award may be made to the Offeror submitting the best proposal in which both cost/price and other specifically defined factors will be the basis of award.

  • Basis of Award- Tradeoff Selection Process2.1Award may be made to the Offeror submitting the best proposal in which both cost/price and other specifically defined factors will be the basis of award.

  • Freeman, “The Exit-Voice Tradeoff in the Labor Market: Unionism, Job Tenure, Quits, and Separations,” Quarterly Journal of Economics, vol.

  • Mitchell Polinsky & Steven Shavell, The Optimal Tradeoff Between the Probability and Magnitude of Fines, 69 AM.

  • Basis of Award- Tradeoff Selection Process‌2.1Award may be made to the Offeror submitting the best proposal in which both cost/price and other specifically defined factors will be the basis of award.

  • Tradeoff allowanceNotwithstanding another law or a regulation prescribed or order issued under that law, the tradeoff provisions contained in appendix C of part 36 of title 14, Code of Federal Regulations, apply in deciding whether an aircraft complies with subpart I of part 91 of title 14.(Added Pub.

  • Table: Trade-off of Study Time and Leisure Time) Look at the table Trade-off of Study Time and Leisure Time.

  • Frey and Susanne Neckermann, Awards in Economics – Towards a New Field of Inquiry, January 2009 2516 Gregory Gilpin and Michael Kaganovich, The Quantity and Quality of Teachers: A Dynamic Trade-off, January 2009 2517 Sascha O.

  • Record of Software Engineering Trade-off Criteria & Assessments (make/buy decision).

Related to Tradeoff

  • trader means the party identified as such in this Agreement;

  • Stack means any point in a source designed to emit solids, liquids, or gases into the air, including a pipe or duct but not including flares.

  • Tool means the tool developed in accordance with Section 35A-15-303.

  • Gearing means -1; "Option" means Put;

  • Seaplane means an aeroplane capable normally of taking off from and alighting solely on water;

  • Trailer means a vehicle designed to be pulled by a:

  • Dynamic driving task means the same as that term is defined in Section 41-26-102.1.

  • Semitrailer means every vehicle of the trailer type so designed and used in conjunction with a

  • Forklift means nonroad equipment used to lift and move materials short distances; generally includes tines to lift objects. Eligible types of forklifts include reach stackers, side loaders, and top loaders.

  • Cart means a plastic Container with a hinged lid and wheels that is serviced by an automated or semi- automated Collection vehicle. A Cart has capacity of 20, 35, 64 or 96 gallons (or similar volumes).

  • Indicator means a quantitative or qualitative factor or variable that contributes to better understanding progress in implementing;

  • Play or "Bet" means the six (6) numbers, the first five (5) from a field of sixty-nine

  • Catalog means the available list of tangible personal property or services, in the most current listing, regardless of date, during the life of the contract, that takes the form of a catalog, price list, schedule, shelf price or other form that:

  • FedRAMP means the Federal Risk and Authorization Management Program (see xxx.xxxxxxx.xxx), which is an assessment and authorization process that federal government agencies have been directed to use to ensure security is in place when accessing Cloud computing products and services.

  • Outputs means the goods or services that are produced by an entity or other person;

  • Digital Cross Connect System or "DCS" is a function which provides automated Cross Connection of Digital Signal Level 0 (DS0) or higher transmission bit rate digital channels within physical interface facilities. Types of DCS include but are not limited to DCS 1/0s, DCS 3/1s, and DCS 3/3s, where the nomenclature 1/0 denotes interfaces typically at the DS1 rate or greater with Cross Connection typically at the DS0 rate. This same nomenclature, at the appropriate rate substitution, extends to the other types of DCS specifically cited as 3/1 and 3/3. Types of DCS that cross connect Synchronous Transport Signal level 1 (STS-1 s) or other Synchronous Optical Network (SONET) signals (e.g., STS-3) are also DCS, although not denoted by this same type of nomenclature. DCS may provide the functionality of more than one of the aforementioned DCS types (e.g., DCS 3/3/1 which combines functionality of DCS 3/3 and DCS 3/1). For such DCS, the requirements will be, at least, the aggregation of requirements on the "component" DCS. In locations where automated Cross Connection capability does not exist, DCS will be defined as the combination of the functionality provided by a Digital Signal Cross Connect (DSX) or Light Guide Cross Connect (LGX) patch panels and D4 channel banks or other DS0 and above multiplexing equipment used to provide the function of a manual Cross Connection. Interconnection is between a DSX or LGX to a Switch, another Cross Connection, or other service platform device.

  • Pitch means a Grass Pitch or Football Turf Pitch.

  • Output means the exposure rate, dose rate, or a quantity related in a known manner to these rates from a brachytherapy source or a teletherapy, remote afterloader, or gamma stereotactic radiosurgery unit for a specified set of exposure conditions.

  • Blasting means changing the level or grade of land or rendering, tearing, demolishing, moving, or removing earth, rock, buildings, structures, or other masses or materials by seismic blasting or the detonation of dynamite or any other explosive agent.

  • Sensor means any measurement device that is not part of the vehicle itself but installed to determine parameters other than the concentration of gaseous and particle pollutants and the exhaust mass flow.

  • Firefighter means any regular, paid or volunteer, member of a lawfully constituted fire department of a municipal corporation, township, fire district, or village.

  • Autocycle means the same as that term is defined in Section 53-3-102.

  • Opaque means impenetrable to sight.

  • RFID means Radio Frequency Identification.

  • Feed means feed as defined in point (4) of Article 3 of Regulation (EC) No 178/2002;

  • NBOME means the National Board of Osteopathic Medical Examiners, an organization that prepares and administers qualifying examinations for osteopathic physicians.