Preference means an amount, expressed in terms of a percentage, by which a bid or price may exceed the next lower submitted bid or price.

Preference means a preference of fifteen percent (15%) in the comparison of prices submitted by Bidders participating in the Tender as stated in the Regulations.

Preference means that as set forth in Section 8.13 hereof.

Examples of Preference in a sentence

There is no restriction on the origin of goods other than those prohibited by a decision of the UN Security Council taken under Chapter VII of the Charter of the UN, subject to Domestic Preference requirements under ITB Clause 18.
Preference points shall be calculated after prices have been brought to a comparative basis taking into account all factors of non-firm prices and all unconditional discounts;.
Flow down required in accordance with paragraph (e) of FAR clause 52.226-6.(U) 52.247-64, Preference for Privately Owned U.S.-Flag Commercial Vessels (Feb 2006) (46 U.S.C. Appx.
Flow down required in accordance with paragraph (e) of FAR clause 52.226-6.(xxii) 52.247-64, Preference for Privately Owned U.S.-Flag Commercial Vessels (Feb 2006) (46 U.S.C. Appx.
Preference and reservations will be allowed, individually or in joint ventures.

More Definitions of Preference

Preference means a preference of fifteen percent (15%) for Israeli Manufactured Goods and a preference of 20% for Goods from the Area Around the Gaza Strip, in the comparison of prices submitted

Preference means the right or opportunity to select a tenderer from an identified target group that is considered more desirable than another;

Preference. – shall mean the 5% by which the qualified offer amount would be decreased for evaluation purposes.

Preference means the 5% by which the qualified bidder's offer amount would be decreased for evaluation purposes.

Preference means a transfer of property of an insurer to or for the benefit of a creditor:

Preference and "staffing needs" as used in this paragraph relate to the employee's work assignment and/or area.

Preference means the elevated position of an applicant to participate in the vacant land bidding process as described in subsection 6(d) of this chapter, above applicants who are not the owners, lessees or lawful occupants of adjoining lands in good standing with the Board.