tenderer's financial offer after all tendered parameters that can affect the value of the financial offer have been taken into consideration to enable comparisons to be made on a comparable basis
[SOURCE: ISO 10845-3:2020]
terms that collectively describe the rights and obligations of contracting parties and the agreed procedures for the administration of their contract (3.7)
[SOURCE: ISO 10845-1:2020]
situation in which someone in a position of trust has competing professional or personal interests which make it difficult for the person to fulfil the duties impartially, an individual or organization (3.21) is in a position to exploit a professional or official capacity in some way for personal or for corporate benefit, or incompatibility or contradictory interests exist between an employee and the organization which employs that employee
[SOURCE: ISO 10845-1:2020]
everything that is constructed or results from construction operations
[SOURCE: ISO 6707-1:2020]
legally enforceable agreement to supply goods, carry out construction works and/or provide services
[SOURCE: ISO 6707-2:2017]
document that identifies the applicable conditions of a contract (3.7) and states the associated contract-specific data
[SOURCE: ISO 10845-1:2020]
value of goods, services and works for which the contractor contracts targeted enterprises exclusive of any value added tax or sales tax which the law requires the employer to pay to the contractor, expressed as a percentage of the contract amount associated with the targeting strategy that is identified in the targeting data
[SOURCE: ISO 10845-5:2011]
person or organization (3.21) that contracts to supply goods, carry out construction works and/or provide services
Note 1 to entry: The use of the generic term “contractor” eliminates the need to introduce the terms “service provider” and “supplier” as it has been defined to cover these terms.
Note 2 to entry: The definitions for “employer” and “contractor” are such that relevant subclauses of this document can be applied at any point in the supply chain. For example, in a contract, a “contractor” can be an “employer” and a “contractor” can be a “subcontractor”.
[SOURCE: ISO 10845-1:2020]
offering, giving, receiving or soliciting of anything of value to influence the action of the employer (3.15) or his staff or agents (3.2) in the procurement (3.24) process or the administration of the contract (3.7)
[SOURCE: ISO 10845-1:2020]
cost reimbursement contract (3.12) under which the contractor (3.9) is paid for their actual expenditure plus a percentage or other sum as previously agreed
[SOURCE: ISO 6707-2:2017]