Teckal Company definition

Teckal Company means a company which falls within the meaning of Regulation 12 of the Regulations.
Teckal Company means any wholly-owned subsidiary of the Company which is a Teckal-compliant company controlled by the Council
Teckal Company means a legal person as described in regulation 12(1) or 12(4) of the Public Contracts Regulations 2015; Termination Date means the date of early termination of this Contract in accordance with clause 30, clause 31, clause 32, clause 33 or clause 38; Termination Notice means a written notice of termination given by one party to the other, notifying the party receiving the notice of the intention of the party giving the notice to terminate this Contract (or any part thereof) on a specified date and setting out the grounds for termination;

Examples of Teckal Company in a sentence

  • The Council has established a Teckal Company delivering in that similar space.

  • Based on the ability to provide the Best Value for the Council as outlined in the financial appraisal then it is recommended that Environmental Services and Highways are insourced as a Teckal Company.

  • Appendix B identifies the options appraisal for if insourcing the service for either bringing the service in as a DSO (Direct Services Organisation also known as a DLO – Direct Labour Organisation) or a Teckal Company.

  • Furthermore, they are requested to review the recommendation that if the service is agreed to be brought in-house that the recommendation be for the Teckal Company vehicle.

  • Four formal meetings a year will take place to review financial and operational performance of the Teckal Company as well as the financial performance of the Trading Company.

  • Currently the trading company was dormant and all work was being conducted through the Teckal Company.

  • The Company shall not exercise any rights it may have as a shareholder of any Teckal Company or Trading Company otherwise than as directed by the Council.

  • The provisions of an initial Business Plan (or Plans) for the Companies.3 Agree to the transfer on the Transfer Date of all Direct Services staff engaged in service delivery immediately prior to the Transfer Date to the Teckal Company in accordance with all relevant employment law protecting terms and conditions of employment including pension, and for this to be reflected in the contract.

  • The transfer of Direct Services will consequentially mean that Direct Services staff engaged in service delivery immediately prior to the transfer date will transfer across to the Teckal Company.

  • Statutory services within the Teckal Company are unlikely to be subject to corporation tax.


More Definitions of Teckal Company

Teckal Company means any wholly-owned subsidiary of the Company which
Teckal Company means Streetwise Environmental Limited of Abbey Road

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