LOCAL CONTENT COMMITMENT Clause Samples
A Local Content Commitment clause requires parties, typically suppliers or contractors, to use a specified percentage of local resources, labor, or materials in fulfilling their contractual obligations. This may involve hiring local workers, sourcing materials from local businesses, or investing in local infrastructure. The core purpose of this clause is to promote economic development within the region where the project is located, ensuring that local communities benefit directly from the contract.
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LOCAL CONTENT COMMITMENT. Contractor shall comply with the Local Content Policy in effect from time to time. In performing Petroleum Operations under the Contract, Contractor shall provide for the maximum utilization of Local Goods, Local Services and local
LOCAL CONTENT COMMITMENT. Minimum Local Content (%)
LOCAL CONTENT COMMITMENT. Minimum Local Content (%) Development Phase Construction of Well 25 Production Collection and Outflow System 40 Stationary Production Unit 25
LOCAL CONTENT COMMITMENT. [Provisions of Local Content for the Blocks Búzios, Itapu, and ▇▇▇▇▇] [Provisions of Local Content for Block Atapu]
LOCAL CONTENT COMMITMENT. Contractor shall comply with all Local Content Legislation and Policies that are in effect and which may be amended from time to time. In performing Petroleum Operations under the Contract, Contractor shall provide for the maximum utilization of Local Goods, Local Services and Local facilities available in Trinidad and Tobago in accordance with the provisions of Article 25. Contractor shall employ with priority nationals in all aspects of Petroleum Operations and shall undertake the training and development of such personnel in accordance with the provisions of Article
LOCAL CONTENT COMMITMENT. [Provisions of Local Content for the Blocks Búzios, Itapu, and ▇▇▇▇▇] Minimum Local Content (%) [Provisions of Local Content for Block Atapu] Minimum Global Local Content (%)