Common use of LOCAL PROCUREMENT STATEMENT Clause in Contracts

LOCAL PROCUREMENT STATEMENT. In furtherance of the obligation in Article 23 of the Contract for the Contractor to give preference to the procurement of Indian goods and services, the Contractor shall prepare in respect of each Year a local procurement statement, containing the following information:

Appears in 8 contracts

Sources: Production Sharing Contract (Geoglobal Resources Inc), Production Sharing Contract (Geoglobal Resources Inc.), Production Sharing Contract (Geoglobal Resources Inc)