Competitive Conditions. The parties listed below agree that this Memorandum of Understanding for Private Sector Work is provided for the purpose of giving the signatory contractor the opportunity to be competitive in negotiating and bidding in the private sector limited to the scope listed in paragraph 4 below.
Competitive Conditions. The parties listed below agree that this Addendum for Private Sector Work is provided for the purpose of giving the signatory contractor the opportunity to be competitive in negotiating and bidding projects in the private sector limited to the scope listed in paragraph 3 below.
Competitive Conditions. The principal factors for competition in vehicle management services are service quality and price. We are competitively positioned as a fully integrated provider of fleet management services with a broad range of product offerings. We rank second in the United States in the number of vehicles under management and first in the number of proprietary fuel and maintenance cards for fleet use in circulation. There are four other major providers of fleet management services in the United States, hundreds of local and regional competitors, and numerous niche competitors who focus on only one or two products and do not offer the fully integrated range of products provided by us. In the United States, it is estimated that only 45% of fleets are leased by third-party providers. The unpenetrated market and the continued focus by corporations on cost efficiency and outsourcing will provide the growth platform in the future.
Competitive Conditions. User understands that Aciety System promotes trust between its Users and that Aciety encourages simplified information and human resource exchange for the purposes of sub-contracting. In the event a User employs an Employee from its Sub-contractor within two years such Employee was involved in fulfilling an associated Work Agreement, such User is regarded as dishonoring trust practices of Aciety System. As such action demotes the trust between Aciety and its users, User is obligated to compensate Sub-contractor by 10,000 EUR (ten thousand Euro) and Aciety by 2,500 EUR (two thousand five hundred Euro) for each such action.
Competitive Conditions. In our service areas, we have no direct competition from other natural gas distributors, but we compete with other forms of energy in each customer class. This competition among energy suppliers is based on price, efficiency, reliability, performance, preference, market conditions, technology, federal, state, and local energy policy, and environmental impacts. For residential and small to mid-size commercial customers, we compete primarily with providers of electricity, fuel oil, and propane. In the industrial and large commercial markets, we compete with all forms of energy, including competition from wholesale natural gas marketers. In addition, large industrial customers could bypass our local gas distribution system by installing their own direct pipeline connection to the interstate pipeline system. We have designed custom transportation service agreements with several of our largest industrial customers to provide transportation service rates that are competitive with the customer’s costs of installing their own pipeline; these agreements generally prohibit bypass. Due to the cost pressures confronting a number of our largest customers competing in global markets, bypass continues to be a competitive threat. Although we do not expect a significant number of our large customers to bypass our system in the foreseeable future, we could experience deterioration of utility margin if customers bypass or switch over to custom contracts with lower profit margins.
