Competitive Procurement Process. The Recipient shall acquire and manage its equipment, services and supplies, including any construction component, required for any Project in which Funds are directed through a transparent and fair process that promotes the best value for the Funds expended. Without limiting the generality of the foregoing, where the Recipient is a municipal entity to which the ▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ (Ontario) is applicable, the Recipient shall follow its procurement policies as required under the ▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ (Ontario). Where the Recipient is a Local Services Board or any other entity not covered by the ▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ (Ontario), the Recipient shall ensure that for equipment, services and supplies, the estimated costs of which exceed twenty-five thousand dollars ($25,000.00), the Recipient obtains at least three (3) written quotes unless Ontario gives prior written approval. The requirement for a competitive process under this section 10.2 of the Agreement may be waived with prior written approval by Ontario, if: (a) The equipment, services or supplies the Recipient is purchasing is specialized and is not readily available; or (b) The Recipient has researched the market for a similar purchase within the last two
Appears in 3 contracts
Sources: Connecting Links Program Contribution Agreement, Connecting Links Program Contribution Agreement, Connecting Links Program Contribution Agreement
Competitive Procurement Process. The Recipient shall acquire and manage its equipment, services and supplies, including any construction component, required for any Project in which Funds are directed through a transparent and fair transparent, competitive process that promotes ensures the best value for the any Funds expended. Without limiting the generality of the foregoing, where the Recipient is a municipal entity to which the ▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ (Ontario) is applicable, the Recipient shall follow its procurement policies as required under the ▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ (Ontario). Where the Recipient is a Local Services Board or any other entity not covered by the ▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ (Ontario), the Recipient shall ensure that for equipment, services and supplies, the estimated costs of which exceed twenty-five thousand dollars ($25,000.00), the Recipient obtains at least three (3) written quotes unless Ontario gives prior written approval. The requirement for a competitive process under this section 10.2 of the Agreement may be waived with prior written approval by Ontario, if:
(a) The equipment, services or supplies the Recipient is purchasing is specialized and is not readily available; or
(b) The Recipient has researched the market for a similar purchase within the last twotwo (2) years and knows prevailing market costs for the equipment, services or supplies purchased.
Appears in 2 contracts
Sources: Ontario Community Infrastructure Fund – Formula Based Component Agreement, Ontario Community Infrastructure Fund Agreement