Procurement Method, Paragraph C4 Clause Samples
The 'Procurement Method, Paragraph C4' clause defines the specific process or approach that must be used to acquire goods, services, or works under the contract. It typically outlines whether procurement will be conducted through open tender, direct negotiation, or another approved method, and may set out requirements such as competitive bidding or prequalification of suppliers. By clearly specifying the procurement method, this clause ensures transparency, consistency, and compliance with relevant regulations, thereby reducing the risk of disputes or unfair practices in the selection of vendors.
Procurement Method, Paragraph C4. Timeframe for Offers in Mini-Bids. "Pre- Existing Inventory Vehicles: The timeframe during which offers shall remain firm and cannot be withdrawn shall be ten (10) calendar days from the date of the Mini-Bid’s bid opening, or such other period of time as specified in the Mini-Bid. The ten (10) calendar day period commences on the calendar day immediately following the date of the Mini-Bid’s bid opening. In order for a bid to be responsive to a Mini-Bid involving Pre-Existing Inventory Vehicles Contractor is required to retain the Pre-Existing Inventory Vehicles for the ten (10) calendar day period, or such other period of time as set forth in the Mini-Bid, bids are required to remain firm and cannot be withdrawn. Contractor’s failure to retain the Pre-Existing Inventory Vehicles for such period of time shall render Contractor’s bid non-responsive and the bid shall be disqualified."]