Common use of Commercial Practices Clause in Contracts

Commercial Practices. Goods and Works, including Supply and Installation contracts, estimated to cost less than $350,000 equivalent per contract, required under Part B of the Project, may be procured in accordance with commercial practices acceptable to the Bank.

Appears in 2 contracts

Sources: Project Agreement, Project Agreement

Commercial Practices. Goods and Works, including Supply and Installation contracts, estimated to cost less than $350,000 equivalent per contract, contract required under Part B of the Project, may be procured in accordance with commercial practices acceptable to the Bank.

Appears in 1 contract

Sources: Global Environment Facility Trust Fund Grant Agreement

Commercial Practices. Goods required under Part B.2 of the Project and Works, including Supply and Installation contracts, estimated to cost less than $350,000 30,000 equivalent per contract, required under Part B of the Project, contract may be procured in accordance with commercial practices acceptable to the Bank., which shall include price comparison from three qualified suppliers, wherever possible. Part D: Review by the Bank of Procurement Decisions

Appears in 1 contract

Sources: Grant Agreement