Margin of Preference definition

Margin of Preference means the extra mark up on price allowed any domestic contractor or supplier bidding under International Competitive Bidding without being otherwise disadvantageous to the bid in terms of price;

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Margin of Preference means the percentage difference between the Most- Favoured-Nation (MFN) rate of duty and the preferential rate of duty for the like product, and not the absolute difference between those rates. Thus,

Margin of Preference means the margin given to bidder on the basis of Section 45 or Section 99 of this Act.

Examples of Margin of Preference in a sentence

Apply Margin of Preference, if so allowed to all evaluated and accepted tender as follows.
If actual tariff rates after the coming into force of the Agreement are below 20%, there shall be an annual reduction on a Margin of Preference basis of 10% on actual tariff rates for each of the two years.
Margin of Preference means percentage of tariff by which tariffs are reduced on products imported from one Contracting State to another as a result of preferential treatment.
If actual tariff rates on the date of coming into force of the Agreement are below 30%, there will be an annual reduction on a Margin of Preference basis of 5 % on actual tariff rates for each of the two years.
For example, in some cases evaluation may not include Margin of Preference, so any reference to considerations for Margin of Preference will be omitted.

More Definitions of Margin of Preference

Margin of Preference means the specific arithmetical margin made pursuant to this Act and contained in a public bidding document which may prescribe a criterion designed to assist domestic businesses become more competitive in the partnership bids;

Margin of Preference means percentage of tariffs, by which tariffs are reduced on imports from one Contracting Parties to another as a result of preferential treatment.

Margin of Preference means the absolute difference between the most-favoured-nation rate of duty and the preferential rate of duty for the like product, and not the proportionate relation between those rates. As examples:

Margin of Preference means extra mark up on price allowed a domestic contractor or supplier under the international competitive bidding, which is not disadvantageous to the bid in terms of price ;

Margin of Preference means the extra markup on price allowed to any national/state contractor or supplier bidding under International Competitive Bidding without being otherwise disadvantageous to the bid in terms of price;

Margin of Preference means an adjustment within predetermined limits made to a tenderer’s price in terms of a prescribed system to enable a tenderer who is eligible for targeted treatment to be awarded a contract when his or her price is higher than the lowest acceptable tender within a prescribed margin;

Margin of Preference means extra

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