Award Criterion Sample Clauses

Award Criterion. Final choice of firm to execute the project shall be made on the basis of conformity to technical specifications, appropriateness of the product offered, capability of bidder to execute and service the project and appropriateness of financial offer from the point of view of cost- effectiveness over the entire maintenance period for the product/services. Managing Director, TSTSL --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
AutoNDA by SimpleDocs
Award Criterion. The only award criterion set for the procedure leading to the conclusion of a framework agreement is the price. The value taken into account for the determination of the score for tender Z is calculated following the formula: Global day price = (‘field assignment’ day price x 40) + (‘domicile’ day price x 40) + (‘Enabel head office’ day price x 20) The score for tender Z is calculated as follows: Lowest global day price x 100 Global day price for tender Z
Award Criterion. One or two framework contract(s) will be awarded by the automatic award procedure to the tender that, while being in order and satisfying the conditions laid down in the present tender specifications, quotes the lowest price for each lot. For that purpose, tenderers are requested to submit a financial offer giving the total all-inclusive (i.e. include all the relevant costs and all expenditure (e.g. management and administrative costs, travel costs, etc…)) fixed price in euro, for the following services: Services: Business insurance Price 1 Price 2 LOT 1: Yearly premium Price 1: Applies if only winning lot 1 Price 2: Applies if winning both lots 1 and 2 Services: Collective Accident Insurance Price 1 Price 2 LOT 2: Price per person per month (*) Price 1: Applies if only winning lot 2 Price 2: Applies if winning both lots 2 and 1 (*) on the basis of an estimated maximum number of 35 persons (see section 7.2.3 above) For that purpose, tenderers shall complete the price quotation attached as annex 5 to these tender specifications. Tenderers shall bear in mind that all fields are compulsory and non- compliance will lead to exclusion of the tender from the award process.
Award Criterion. The award criterion is that of the Most Economically Advantageous Tender (MEAT) with the best price-quality ratio. The most economically advantageous tender is the Tender with the lowest notional tender price with the best price-quality ratio as determined as follows. The Contracting Authority will determine the notional tender price of a valid Tender by:

Related to Award Criterion

  • Award Criteria 40.1 The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender in accordance with procedures in Section 3: Evaluation and Qualification Criteria.

  • Performance Goals A. The Trust and State Street have developed mutually acceptable performance goals dated March 1, 2011 , and as may be amended from time to time, regarding the manner in which they expect to deliver and receive the services under this Agreement (hereinafter referred to as “Service Level Agreement”). The parties agree that such Service Level Agreement reflects performance goals and any failure to perform in accordance with the provisions thereof shall not be considered a breach of contract that gives rise to contractual or other remedies. It is the intention of the parties that the sole remedy for failure to perform in accordance with the provisions of the Service Level Agreement, or any dispute relating to performance goals set forth in the Service Level Agreement, will be a meeting of the parties to resolve the failure pursuant to the consultation procedure described in Sections V. B. and V.C. below. Notwithstanding the foregoing, the parties hereby acknowledge that any party’s failure (or lack thereof) to meet the provisions of the Service Level Agreement, while not in and of itself a breach of contract giving rise to contractual or other remedies, may factor into the Trust’s reasonably determined belief regarding the standard of care exercised by State Street hereunder.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • PERFORMANCE OBJECTIVES 4.1 The Performance Plan (Annexure A) sets out-

  • Performance Measures The System Agency will monitor the Grantee’s performance of the requirements in Attachment A and compliance with the Contract’s terms and conditions.

  • Selection Criteria for Awarding Task Order The Government will award to the offeror whose proposal is deemed most advantageous to the Government based upon an integrated assessment using the evaluation criteria. The Government will evaluate proposals against established selection criteria specified in the task order RFP. Generally, the Government's award decision will be based on selection criteria which addresses past performance, technical acceptability, proposal risk and cost. Among other sources, evaluation of past performance may be based on past performance assessments provided by TO Program Managers on individual task orders performed throughout the life of the contract. The order of importance for the factors will be identified in the RFP for the specified task order.

  • Further Competition Award Criteria 1. Where a Contracting Body may require Suppliers to develop proposals or a solution in respect of its Statement of Requirements or need to amend or refine the terms of the Call-Off Contract to reflect its Statement of Requirements to the extent permitted by and in accordance with applicable laws (including procurement laws and all necessary guidance), the following criteria shall be applied to the Services set out in the Framework Service Providers' compliant tenders submitted through the Further Competition Procedure:

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • System for Award Management (XXX) Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a XXX.xxx proof of registration and Commercial and Government Entity (CAGE) number. Grantee will continue to maintain an active XXX registration with current information at all times during which it has an active award under this Agreement.

  • Performance Measurement Satisfactory performance of this Contract will be measured by:

Time is Money Join Law Insider Premium to draft better contracts faster.