Procurement and Contracting Procedures Sample Clauses
The Procurement and Contracting Procedures clause establishes the rules and steps that must be followed when acquiring goods or services and entering into contracts. It typically outlines requirements such as competitive bidding, documentation standards, approval hierarchies, and compliance with relevant laws or internal policies. By clearly defining these procedures, the clause ensures transparency, fairness, and accountability in procurement activities, reducing the risk of disputes or improper conduct.
Procurement and Contracting Procedures i. Along with its annual Major Capital plan and budget, Manager will provide LIPA with an explanation of its process for procuring equipment, construction, and other services related to implementing the Major Capital improvement and additions plan to achieve favorable cost completion of the capital improvements.
ii. LIPA may require Manager to solicit competitive bids for all major (to be defined) capital improvements and award such project(s) to the lowest responsible bidder, which may be Manager itself, provided a process is used which creates equal consideration of bidders other than Manager. Manager shall promptly notify LIPA of any reasonable objection to LIPA's inclusion of a party on a bidders list.
f. Advancement of Funds for Capital Improvements and Additions Once an annual Major Capital improvement budget is approved, LIPA will advance funds in accordance with an agreed upon draw-down schedule established to the mutual satisfaction of LIPA and Manager for payment of approved capital
Procurement and Contracting Procedures. (1) Along with its proposed annual Major Capital Plan and Budget, the Manager shall provide the Authority with an explanation of its proposed process for procuring equipment, construction, and other services related to implementing the Major Capital Improvements so as to achieve favorable cost completion of the Major Capital Improvements Such procurement process shall be performed in accordance with Applicable Law and Appendix 8. Decisions as to outsourcing construction management shall be made in accordance with the procedures and criteria to be determined in accordance with Appendix 8 hereto.
(2) Wherever a Major Capital Improvement is to be performed under this Agreement, the provisions and procedures set forth in Appendix 8 hereto shall apply. In order to implement such provisions with respect to any Major Capital Improvement costing in excess of a dollar amount to be agreed upon by the parties prior to the adoption of the initial Annual T&D Budget, the costs for which the Authority is responsible, the Manager shall submit, at the Authority's discretion, a lump sum or an individual element price proposal for such Major Capital Improvement, which shall be broken out by the categories of work to be done and corresponding costs. Any such proposal shall be deemed the Manager's offer to the Authority, binding for 60 days, to perform the Major Capital Improvement at the price quoted. The parties shall promptly proceed to negotiate in good faith to reach agreement on the price to be paid to the Manager for the Major Capital Improvement and on the effect of such Major Capital Improvement on any costs or obligations of the Manager under this Agreement. If the Authority does not accept the Manager's proposal, the Authority may conduct a procurement to contract with a third-party to undertake such Major Capital Improvement or, alternatively, the Authority may require the Manager to solicit at least three competitive bids for such Major Capital Improvements on a lump-sum or individual element basis, as requested by the Authority. The Manager shall cooperate with and assist the Authority in connection with any procurement undertaken by the Authority. To the extent that the Manager or any Affiliate participates as a bidder in any competitive solicitation process, the Manager shall establish internal controls and other procedures satisfactory to the Authority for the purpose of assuring the integrity of the competitive solicitation. Except as the Authority may otherw...
Procurement and Contracting Procedures. (1) Along with its proposed annual Capital Plan and Budget, the Manager shall provide LIPA with an explanation of its proposed process for procuring equipment, construction, and other services related to implementing the Capital Improvements so as to achieve favorable cost completion of the Capital Improvements. Such procurement process shall be performed in accordance with Applicable Law and Appendix 7. Decisions as to outsourcing construction management shall be made in accordance with the procedures and criteria to be determined in accordance with Appendix 7 hereto.
(2) Whenever a Capital Improvement is to be performed under this Agreement, the provisions and procedures set forth in Appendix 7 shall apply. With respect to any such Capital Improvement estimated to cost in excess of Two Million Dollars ($2,000,000), after conferring with the Manager, LIPA, at its sole discretion, may (a) conduct an independent procurement, (b) direct the Manager to competitively bid the Capital Improvement, or (c) direct the Manager to complete the work. In that regard, LIPA will give due consideration to the efficient utilization of the Manager's workforce. The Manager shall cooperate with and assist LIPA in connection with any procurement undertaken by LIPA. Except as LIPA may otherwise direct, competitive solicitations of bids shall be conducted in accordance with the policies and procedures established by LIPA. The Manager shall promptly notify LIPA of any reasonable objection to LIPA's inclusion of a party on the bidder's list.
Procurement and Contracting Procedures. Section IX Contract Drafting, Subsection (A)(8), all approved Task Orders under this agreement have been compiled and are incorporated into this agreement, see Attachment E - Approved Task Order Form Under this Agreement. Task Order Forms shall be submitted to the following State Authorized Representative: ▇▇▇ ▇▇▇▇▇▇ Chief of Health Policy ▇▇▇.▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ The Contractor will schedule regular and ad hoc meetings to discuss progress with State staff and State-identified key partners, provide written draft products for State review and feedback, and incorporate State feedback into final written products to the satisfaction of the State. If requested, the Contractor will participate in State meetings as attendees, presenters, or facilitators. Major areas of work, as well as Task Order and Monthly Reporting processes, are described below.