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More Definitions of Bundled contract Bundled contract means a contract that is entered into to meet requirements that are consolidated by bundling, excluding a contract awarded and performed entirely out- side the United States.
Bundling is when companies package several of their products or services together as a single combined unit, often for a lower price than they would charge customers to buy each item separately.
A bundled requirement is considered necessary and justified if the agency would obtain measurably substantial benefits as compared to meeting its agency's requirements through separate smaller contracts or orders.
Typical examples of bundling include option packages on new automobiles and value meals at restaurants. In a bundle pricing scheme, companies sell the bundle for a lower price than would be charged for items individually.
Bundled Contracts means those Contracts pursuant to which the Company sells to third parties products or services of the Business together with other products or services of the Company not included in the Business, including those set forth in Section 5.13 of the Company Disclosure Schedule.
Bundling is defined as the "consolidation of two or more procurement requirements for goods or services previously provided or performed under separate smaller contracts into a solicitation of offers for a single contract that is likely to be unsuitable for award to a small business." A number of factors are considered ...