Fair and reasonable price definition

Fair and reasonable price means a price that is commensurate with the extent and complexity of the services to be provided and is comparable to the price paid by the department or other entities for projects of similar scope and complexity.
Sample 1Sample 2Sample 3
Fair and reasonable price means the price set out in the Authority to Proceed/Access Property.
Sample 1Sample 2

Examples of Fair and reasonable price in a sentence

  • Meetings with Service Providers may be set up after proposals are opened and final Service Provider negotiations have been established.In accordance with Texas Education Code Section 2254.003 Selection of Provider; Fees – Alvin ISD shall evaluate respondents and award as follows:• On the basis of demonstrated competence and Proposal to perform the services,• Fair and reasonable price and• Contracted fees under the contract may not exceed any maximum provided by law.

  • Resolicit, allowing an additional period of at least 30 days for receipt of proposals; and (b) For competitive solicitations in which more than one potential offeror expressed an interest in an acquisition, but only one offer was ultimately received, follow the procedures at PGI 215.371-2.215.371-3 Fair and reasonable price.

  • In accordance with Texas Education Code Section 2254.003 Selection of Provider; Fees – Alvin ISD shall evaluate respondents and award as follows:  On the basis of demonstrated competence and Proposal to perform the services, Fair and reasonable price and Contracted fees under the contract may not exceed any maximum provided by law.

  • In accordance with Texas Education Code Section 2254.003 Selection of Provider; Fees – Alvin ISD shall evaluate respondents and award as follows: • On the basis of demonstrated competence and ability to perform the services,• Fair and reasonable price and• Contracted fees under the contract may not exceed any maximum provided by law.

  • Meetings with Service Providers may be set up after proposals are opened and final Service Provider negotiations have been established.In accordance with Texas Education Code Section 2254.003 Selection of Provider; Fees – Alvin ISD shall evaluate respondents and award as follows: On the basis of demonstrated competence and Proposal to perform the services, Fair and reasonable price and Contracted fees under the contract may not exceed any maximum provided by law.

  • Fair and reasonable price determination.* Economic concept of value, cost, and profit.* Cost and price analysis.* Profit factors.* Awareness of cost principles: reasonable, allowable and allocable.* Identification of elements of financial statements.* Simple cost control techniques.* Truth in Negotiation Act.* Contract audits and resolution process.

  • In accordance with Texas Education Code Section 2254.003 Selection of Provider; Fees – Alvin ISD shall evaluate respondents and award as follows:  On the basis of demonstrated competence and Proposal to perform the services, Fair and reasonable price and Professional fees under the contract may not exceed any maximum provided by law.

  • In accordance with Texas Education Code Section 2254.003 Selection of Provider; Fees – Alvin ISD shall evaluate respondents and award as follows:  On the basis of demonstrated competence and ability to perform the services, Fair and reasonable price and Contracted fees under the contract may not exceed any maximum provided by law.

  • In accordance with Texas Education Code Section 2254.003 Selection of Provider; Fees – Alvin ISD shall evaluate respondents and award as follows: • On the basis of demonstrated competence and Proposal to perform the services,• Fair and reasonable price and• Contracted fees under the contract may not exceed any maximum provided by law.

  • Fair and reasonable price determinations should be made within the time requirements needed for port-visits that are planned on short notice or when emergent requirements emerge.

Related to Fair and reasonable price

  • Applicable Price means the highest of (i) the highest price per share of Issuer Common Stock paid for any such share by the person or groups described in Section 8(d)(i), (ii) the price per share of Issuer Common Stock received by holders of Issuer Common Stock in connection with any merger or other business combination transaction described in Section 7(b)(i), 7(b)(ii) or 7(b)(iii), or (iii) the highest closing sales price per share of Issuer Common Stock quoted on the Nasdaq National Market (or if Issuer Common Stock is not quoted on the Nasdaq National Market, the highest bid price per share as quoted on the principal trading market or securities exchange on which such shares are traded as reported by a recognized source chosen by Holder) during the 60 business days preceding the Request Date; provided, however, that in the event of a sale of less than all of Issuer's Assets, the Applicable Price shall be the sum of the price paid in such sale for such assets and the current market value of the remaining assets of Issuer as determined by an independent nationally recognized investment banking firm selected by Holder and reasonably acceptable to Issuer (which determination shall be conclusive for all purposes of this Agreement), divided by the number of shares of the Issuer Common Stock outstanding at the time of such sale. If the consideration to be offered, paid or received pursuant to either of the foregoing clauses (i) or (ii) shall be other than in cash, the value of such consideration shall be determined in good faith by an independent nationally recognized investment banking firm selected by Holder and reasonably acceptable to Issuer, which determination shall be conclusive for all purposes of this Agreement.

  • Reasonable pupil means a pupil, including, but not limited to, an exceptional needs pupil, who exercises average care, skill, and judgment in conduct for a person of his or her age, or for a person of his or her age with his or her exceptional needs.

  • Congestion Price means the congestion component of the Locational Marginal Price, which is the effect on transmission congestion costs (whether positive or negative) associated with increasing the output of a generation resource or decreasing the consumption by a Demand Resource, based on the effect of increased generation from or consumption by the resource on transmission line loadings, calculated as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • Reasonable payment means, with respect to professional and other technical services, a payment in an amount that is consistent with the amount normally paid for such services in the private sector.

  • Reasonable cost means a cost for a service or item that is consistent with the market standards for comparable services or items.

  • Reasonable suspicion means a basis for forming a belief based on specific facts and rational inferences drawn from those facts.

  • Fair wages means wages whether for time of piecework notified by the Government from time in the area in which the work is situated.

  • reasonable possibility means that there is a cause and effect relationship between the investigational product, study device and/or study procedure and the AE.

  • Reasonable Distance means a distance that has regard to the Employee’s original work location, current home address, capacity of the Employee to travel, additional travelling time, effects on the personal circumstances of the affected Employee, including family commitments and responsibilities and other matters raised by the Employee, or assistance provided by their Employer.

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows:

  • Valuation Price means in respect of a Valuation Date and any relevant Scheduled Trading Day, the price of the Reference Asset at the Valuation Time on such day, as determined by the Determination Agent.

  • Present Fair Salable Value means the amount that could be obtained by an independent willing seller from an independent willing buyer if the assets (both tangible and intangible) of the Borrower and its Subsidiaries taken as a whole are sold on a going concern basis with reasonable promptness in an arm’s-length transaction under present conditions for the sale of comparable business enterprises insofar as such conditions can be reasonably evaluated.

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

  • Fair Market Price means a price not higher than the price at which the securities would be purchased from the customer or from a similarly situated customer in the ordinary course of business by a dealer in such securities in transactions of similar size and having similar characteristics but not involving a security taken in trade.

  • As low as is reasonably achievable (ALARA) means making every reasonable effort to maintain exposures to radiation as far below the dose limits in these regulations as is practical, consistent with the purpose for which the licensed or registered activity is undertaken, taking into account the state of technology, the economics of improvements in relation to state of technology, the economics of improvements in relation to benefits to the public health and safety, and other societal and socioeconomic considerations, and in relation to utilization of nuclear energy and licensed or registered sources of radiation in the public interest.

  • Housing for Older Persons means housing intended and operated for occupancy by persons 55 years of age or older (“Older Persons”). According to Georgia law, such housing must also have significant facilities and services serving the Older Persons population even though the requirement has been eliminated from the federal definition of an elderly project. At least 80% of the total occupied units in such a housing development must be occupied by at least one Older Person.

  • Reasonable grounds means that a reasonable person in your position would also suspect the information indicates misconduct or a breach of the law.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.