Exigency Purchase Sample Clauses
An Exigency Purchase clause allows a party, typically a buyer, to procure goods or services from alternative sources in urgent or emergency situations when the original supplier is unable to deliver as required. This clause outlines the specific conditions under which such emergency purchases can be made, such as supplier failure, natural disasters, or other unforeseen disruptions, and may require prompt notification and documentation. Its core function is to ensure business continuity and minimize operational downtime by providing a clear process for obtaining necessary supplies during critical circumstances.
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Exigency Purchase. The Montana Procurement Act does not apply if a public exigency exists. An exigency purchase is defined in ARM 2.5.201(16) as "a purchase made without following normal purchasing procedures due to a sudden and unexpected happening or unforeseen occurrence or condition which requires immediate action." An exigency purchase of
Exigency Purchase. The Montana Procurement Act does not apply if a public exigency exists. An exigency purchase is defined in ARM 2.5.201(16) as "a purchase made without following normal purchasing procedures due to a sudden and unexpected happening or unforeseen occurrence or condition which requires immediate action." An exigency purchase of $10,000 or more $5,000 or greater is limited to those supplies or services necessary to meet the exigency. Where statutorily allowed, an Agency may declare an exigency without the Division’s approval. The AGENCY shall maintain a record of all exigency purchases as required by ARM 2.5.605. IN WITNESS OF THE TERMS SET OUT ABOVE, the parties have caused this Amendment to be executed. ▇▇▇▇▇▇▇ ▇▇▇▇▇, APO Date Department of Corrections ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, Director Date Department of Administration ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Chief Procurement Officer Date Department of Administration ▇▇▇ ▇▇▇▇▇▇, Attorney Date Department of Administration DocuSign Envelope ID: C22A9DDB-1B2C-489D-B318-59F0853C482E This Amendment #2 is made and entered into between the State Financial Services Division, Department of Administration (DIVISION), and the Department of Corrections (AGENCY). Replaced language is struck through and new language is underlined.