Common use of Economic Development Objectives Clause in Contracts

Economic Development Objectives. The Purchaser acknowledges and agrees that: (a) a key objective of the ▇▇▇▇▇▇ Project is to stimulate local economic and community development. The Vendor is working collaboratively with the City of ▇▇▇▇▇▇▇ ▇▇▇▇▇ and the local community to identify and develop these opportunities; (b) to assist in the facilitation of these objectives the Purchaser must (or must procure its project partners to): (i) provide at least 4 work experience placements, each of not less than one week duration, within its (or its project partners’) organisation (Placement(s)); and (ii) use its best endeavours to provide at least 2 newly created paid employment placements during the development of the Land within its (or its project partners') organisation (Employment Position(s)); (c) all work Placements and Employment Positions must be filled by persons who are residents of the ▇▇▇▇▇▇ Project and/or the City of ▇▇▇▇▇▇▇ ▇▇▇▇▇ in the Western Adelaide region and be directly arranged and coordinated through and in consultation with the Vendor’s Training and Employment Manager who will arrange each person undertaking a relevant Placement via State and/or Commonwealth government training schemes; (d) the Purchaser must, in relation to each Placement, ensure that the following insurances are in place in relation to the person undertaking the relevant Placement from time to time: (i) Public Liability Insurance for loss of or damage or property and the death of or injury to any person for an amount in respect of any one occurrence of not less than $10,000,000.00; (ii) Workers Compensation Insurance, which shall cover all persons participating in a Placement; and (iii) Products Liability Insurance; (e) the Vendor’s Training and Employment Manager will assist the Purchaser in complying with Special Condition (d) above by liaising with the relevant State and/or Commonwealth government training scheme through which the person undertaking the relevant Placement has been sourced to ensure that appropriate insurances are in place; (f) the Purchaser will at all times provide all things and take all measures necessary to protect Placement participants and shall comply with the requirements of all relevant laws, Acts and regulations relating to occupational health and safety, including all applicable requirements of the Work Health and Safety ▇▇▇ ▇▇▇▇ (SA) and its associated Regulations and will ensure that any person providing a Placement complies in a like manner; (g) a person employed in an Employment Position will be the employee of (and the responsibility in all respects of) the Purchaser (or its project partner or partners, as appropriate); and