Award contracts Sample Clauses

The "AWARD CONTRACTS" clause defines the process and authority for granting contracts to vendors or service providers. Typically, it outlines the criteria for selection, such as compliance with bid requirements, evaluation of proposals, and the decision-making authority responsible for final approval. This clause ensures that the awarding of contracts is conducted transparently and fairly, minimizing disputes and promoting accountability in procurement processes.
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Award contracts. Monitor compliance with insurance requirements.
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Award contracts. 3.1 A SEIFSA bursary holder must submit proof of registration to SEIFSA from the institution for that year and his/her student number before the contract is forwarded to the student for signature. The contract will set out the terms and conditions of the award.
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Award contracts. Prepare Notice to Proceed
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Related to Award contracts

  • – AWARD OF CONTRACTS II.9.1 If the beneficiaries have to conclude contracts in order to carry out the action and they constitute costs of the action under an item of eligible direct costs in the estimated budget, they shall award the contract to the bid offering best value for money; in doing so, they shall take care to avoid any conflict of interests. II.9.2 Contracts as referred to in paragraph 1 may be awarded only in the following cases: a) they may only cover the execution of a limited part of the action; b) recourse to the award of contracts must be justified having regard to the nature of the action and what is necessary for its implementation; c) the tasks concerned must be set out in Annex I and the corresponding estimated costs must be set out in detail in the budget in Annex II; d) any recourse to the award of contracts while the action is under way, if not provided for in the initial grant application, shall be subject to prior written authorisation by the Commission; e) the beneficiaries shall retain sole responsibility for carrying out the action and for compliance with the provisions of the agreement. The beneficiaries must undertake to make the necessary arrangements to ensure that the contractor waives all rights in respect of the Commission under the agreement; f) the beneficiaries must undertake to ensure that the conditions applicable to them under ▇▇▇▇▇▇▇▇ ▇▇.▇, ▇▇.▇, ▇▇.▇, ▇▇.▇, ▇▇.▇, ▇▇.▇, II.10 and II.20 of the agreement are also applicable to the contractor.

  • Pre-Award Costs Pre-award costs are those incurred prior to the effective date of the award directly pursuant to the negotiation and in anticipation of the award where such costs are necessary to comply with the proposed delivery schedule or period of performance. Such costs are allowable only to the extent that they would have been allowable if incurred after the date of the award and only with the prior written approval of the Department.

  • Award of Contract Date of conclusion of the contract V.2.2) Information about tenders

  • Modifications to the Award Agreement This Award Agreement constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Award Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the Company reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Section 409A or to otherwise avoid imposition of any additional tax or income recognition under Section 409A in connection to this Award of Restricted Stock Units.

  • Award Agreement Each Option shall be evidenced by an Award Agreement that shall specify the Exercise Price, the expiration date of the Option, the number of Shares to which the Option pertains, any conditions to exercise of the Option, and such other terms and conditions as the Committee, in its discretion, shall determine. The Award Agreement shall specify whether the Option is intended to be an Incentive Stock Option or a Non-qualified Stock Option.