Common use of Other Methods of Procurement of Goods and Works Clause in Contracts

Other Methods of Procurement of Goods and Works. The following specifies the method of procurement, other than International Competitive Bidding, which may be used for goods and works: Established Private or Commercial Practices. Contracts for goods and works estimated to cost the equivalent of less than □ 2,500,000 per contract may be awarded in accordance with the established private or commercial practices which have been found acceptable to the Bank.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Other Methods of Procurement of Goods and Works. The following specifies the method of procurement, other than International Competitive Bidding, which may be used for goods and works: Established Private or Commercial Practices. Contracts for goods and works estimated to cost the equivalent of less than 2,500,000 per contract may be awarded in accordance with the established private or commercial practices which have been found acceptable to the Bank.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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