Local Enterprises Clause Samples

Local Enterprises. Contractor and its Sub-Contractors shall, to the greatest extent possible, give preference to local firms in Suriname (including companies incorporated in Suriname) to carry out any works for, supply materials to, or provide services for, Contractor by ensuring access to all tender invitations and by including weighting on local value added in the tender evaluation criteria. Prior to the commencement of any contract, Contractor shall provide Staatsolie with all necessary information covering each Subcontractor including an executed copy of any contract and related agreements. Contractor shall, twice every Calendar Year, submit to Staatsolie a list of Sub-Contractors engaged in its Petroleum Operations.