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
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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.
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Procurement Contract. A procurement contract is a contract awarded pursuant to the Federal Acquisition Regulation.
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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.
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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.
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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.
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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).
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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
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Related to Procurement Contract

  • Management Contracts The Recipient agrees that from the date hereof until the date on which none of the Infrastructure Bonds, of which the proceeds were used to pay or reimburse the costs of the Project, remain outstanding (the "Agreement Term"): a. The Recipient will not contract with any Private Person to manage the Project or any portion thereof unless all of the following conditions are met: (A) at least 50% of the compensation of the Private Person is based on a periodic, fixed fee that contains no incentive adjustments, and no amount of compensation is based on a share of net profits; (B) the compensation is reasonable in relation to the services performed; (C) the term of the contract does not exceed five (5) years (including any renewal option periods provided for in the contract); (D) if the term of the contract exceeds three (3) years, the Recipient is able to cancel the contract without penalty or cause at the end of each three-year period of the contract; (E) any automatic increases in the periodic, fixed fee may not exceed the percentage increases determined by an external standard set forth in the contract for computing increases; and (F) any new contract with a Private Person which is subject to this subparagraph F.2. will be subject to the requirements of (A) through (F) of this subparagraph F.2.a.; and b. If the Recipient is subject to subparagraph F.2.a. above and it enters into contracts with Private Persons described in subparagraph F.2.a., and the Governing Body of the recipient numbers five (5) or more members, no more than one (1) member of the Governing Body of the Recipient may be an employee or member of the Governing Body of the Private Person. If the Governing Body of the Recipient numbers less than five (5), no member of the Governing Body of the Recipient may be an employee or member of the Governing Body of the Private Person. Similarly, if the Governing Body of the Private Person numbers five (5) or more members, no more than one (1) of those members may be an employee or member of the Governing Body of the Recipient. However, in no event may a member or employee of both the Recipient and Private Person be the Chief Executive Officer or its equivalent of the Recipient or the Private Person. Members of the Governing Body of the Recipient may not own a controlling interest in the Private Person.

  • Direct Contracting Goods and works which the Association agrees meet the requirements for Direct Contracting may be procured in accordance with the provisions of said procurement method.

  • Procurement documents Languages in which the procurement documents are officially available: English

  • Procurement All goods, works and services required for the Project and to be financed out of the proceeds of the Financing shall be procured in accordance with the provisions of Section III of Schedule 2 to the Financing Agreement.

  • PUBLIC CONTRACTS AND PROCUREMENT FRAUD Contractor represents and warrants that, within the three (3) year period prior to this Contract, neither Contractor nor its principals or affiliates: (a) have been convicted of or had a civil judgment rendered against them for commission of fraud or a criminal offence in connection with obtaining, attempting to obtain, or performing a public (federal, state, local, or tribal) contract or purchase order under a public contract; (b) have been in violation of federal or state antitrust statutes or commission of embezzlement, theft, forgery, bribery, falsification or destruction of records, making false statements or receiving stolen property; (c) have been indicted for or otherwise criminally or civilly charged by a government entity (federal, state, local, or tribal) with commission of any of the offense enumerated in subsection (b) of this provision; or (d) had one or more public contracts (federal, state, local, or tribal) terminated for cause or default.