Margin of purchase preference means the maximum extent to which the price quoted by a local supplier may be above the L1 for the purpose of purchase preference.
Margin of purchase preference. – means the maximum extent to which the price quoted by a ‘Class-I local supplier’ can be above L1 price for the purpose of purchase preference. The margin of purchase preference shall be 20%
Margin of purchase preference means the maximum extent to which the price quoted by the "Class-I local supplier" above the L1 (landed cost).
Examples of Margin of purchase preference in a sentence
Margin of purchase preference shall be 20% for the subject tender.
Margin of purchase preference shall be 10% for the subject tender.
Margin of purchase preference' means the maximum extent to which the price quoted by a local supplier may be above the L1 for the purpose of purchase preference.
Margin of purchase preference' means the maximum extent to which the price quoted by a local supplier may be above the L 1 for the purpose of purchase preference.
Margin of purchase preference' means the maximum extent to which the price quoted by a "Class-I local supplier" may be above the L1 for the purpose of purchase preference.
More Definitions of Margin of purchase preference
Margin of purchase preference means the maximum extent to which the price quoted by a “Class-1 local supplier” may be above the L1 for the purpose of purchase preference. Margin of Purchase preference would be 20% for this tender.
Margin of purchase preference means the maximum extent to which the price quoted by
Margin of purchase preference means the maximum extent to which the price quoted by a “Class-I Local Supplier” may be above the L1 for the purpose of purchase preference. The margin of purchase preference shall be 20% which is to be indicated in tender.
Margin of purchase preference means the maximum extent to which the price quoted by a “class-I local supplier” may be above the L1 for the purpose of purchase preference which is 20%. However, it will be taken as per the status of the policy reckoned as on the date of tender opening.
Margin of purchase preference means the maximum extent to which the price quoted by “Class-I Local Supplier” may be above the evaluated L1 (non-negotiated price) for the purpose of considering them for purchase preference. The margin of purchase preference for the present tender is 20%.
Margin of purchase preference means the maximum extent to which the evaluated bid price of a ‘Class-I local supplier’ may be above the L1 for the purpose of purchase preference.
Margin of purchase preference means the maximum extent to which the price quoted by a “Class-I local supplier” may be above the L1 for the purpose of purchase preference. It has been fixed as 20 (twenty) percent.