Procurement Contract Clause Samples
A Procurement Contract clause outlines the terms and conditions under which goods or services are purchased by one party from another. It typically specifies the scope of work, delivery schedules, payment terms, and quality standards that must be met by the supplier. This clause ensures that both parties have a clear understanding of their obligations and helps prevent disputes by setting expectations for performance and compliance.
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Procurement Contract. PROCUREMENT CONTRACT
Procurement Contract. A contract signed between the Organisation, a Sub-delegatee, a Co-Beneficiary or an Affiliated Entity and a Contractor under which the Contractor provides services, supplies or works. Result: the output, outcome or impact of an Action. Regulations and Rules: regulations, rules, organisational directives, instructions and other parts of the regulatory framework of the Organisation. Sound Financial Management: principle overarching the implementation of this Agreement, namely economy, effectiveness and efficiency. The principle of economy requires that resources used in the pursuit of the implementation of the Action shall be made available in due time, in appropriate quantity and quality and at the best price. The principle of effectiveness concerns the attainment of the specific objectives and the achievement of the intended results. The principle of efficiency concerns the best relationship between resources employed and results achieved. Sub-delegatee: a third party entrusted with Budget Implementation Tasks by the Organisation. Sub- delegation is only authorised for EU External Actions. If the Delegation Agreement does not concern an EU External Action, the provisions related to Sub-delegatees shall not apply.
Procurement Contract. A procurement contract is a contract awarded pursuant to the Federal Acquisition Regulation.
Procurement Contract. The Company shall have executed and -------------------- delivered the Procurement Contract. The Procurement Contract shall be a legal, valid and binding obligation of the Company enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization or similar laws affecting the enforcement of creditor's rights generally and to general equitable principles (whether enforcement is sought by proceedings in equity or at law), shall be in full force and effect and no default or breach by the Company shall have occurred thereunder and be continuing.
Procurement Contract. The Procurement Contract (including -------------------- Amendment No. 8 thereto dated as of July 14, 2000) shall be a legal, valid and binding obligation of the Company enforceable in accordance with its terms, shall be in full force and effect and no default or breach by the Company shall have occurred thereunder which is continuing.
Procurement Contract. 3.1 All the agreements with respect to the procurement, license and/or the use of the Contents shall be signed and executed between Linktone and the Providers. For the avoidance of doubt, MC shall not in any way liable or responsible for any obligation and/or liability under any agreements between Linktone and the Providers.
3.2 MC shall, in negotiating the terms and conditions of the agreement to be executed between the Providers and Linktone, inform by itself to Providers that any terms and conditions of the agreement for the procurement, license and/or the use of the Contents shall be subject to acceptance of Linktone.
Procurement Contract. On 28 December 2022 (after trading hours), Qingdao Qinfa, an indirect wholly-owned subsidiary of the Company, entered into the Procurement Contract with ZMJ, under which ZMJ agreed to sell the Equipment and provide technical support to Qingdao Qinfa at a total consideration of approximately RMB156 million (including VAT).
Procurement Contract. Governed by statute (SECA, CCA, SBA), regulation (FAR), and policy to promote fair competition and value to the government Procurement Contract vs IGSA