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Contracts
Contracts of all sorts.
Industry: Law; Real estate
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Contracts
Qualified bidder
Law; Contracts
Potential bidder who meets the minimum standards of experience, financial ability, managerial ability, reputation, and work history for a specified class of goods, services, or projects.
Qualification requirement
Law; Contracts
Qualifying criteria that must be met before a contract is awarded or a certain office, position, privilege, or right is acquired or granted.
Qualitative requirements
Law; Contracts
In contracting, quality of design specifications defined in narrative form to be later translated into numerical values.
Qualification test
Law; Contracts
Systematic examination performed to ascertain if an entity or item is capable of meeting necessary requirements.
Qualified equipment
Law; Contracts
That is certified by appropriate authority as conforming to the relevant specifications and safety requirements.