Common use of Conduct an additional pricing competition Clause in Contracts

Conduct an additional pricing competition. In the framework of the additional pricing competition, each one of the mentioned Framework Suppliers will be permitted to improve their submitted Individual Referral price quotation proposal. A Framework Supplier permitted to submit an improved offer as stated in this clause, but chose not to do so, will be considered to have proposed a 0% discount relative to the original bid, and the monetary bid will be in accordance to the proposed price quotation to the Individual Referral previously submitted.

Appears in 3 contracts

Sources: Framework Agreement, Framework Agreement, Framework Agreement