Shopping Clause Samples
The Shopping clause defines the process by which a party, typically a buyer or client, is permitted to seek alternative offers or proposals for goods or services during the negotiation or performance of a contract. In practice, this clause allows the party to solicit or consider competing bids from other vendors or suppliers, often within a specified timeframe or under certain conditions. Its core function is to provide flexibility and leverage in negotiations, ensuring that the party can secure the most favorable terms or pricing, and to prevent being locked into a less advantageous agreement.
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Shopping. Goods and works estimated to cost less than $100,000 equivalent per contract may be procured under contracts awarded on the basis of Shopping.
Shopping. (a) Goods estimated to cost less than $50,000 equivalent per contract, and (b) works estimated to cost less than $50,000 equivalent per contract, may be procured under contracts awarded on the basis of Shopping.
Shopping. The methods of procurement are subject to, among other things, the detailed arrangements and threshold values set forth in the Procurement Plan. The Borrower may only modify the methods of procurement or threshold values with the prior agreement of ADB, and modifications must be set out in updates to the Procurement Plan.
Shopping. Goods estimated to cost less than $50,000 equivalent per contract and works estimated to cost less than $100,000 equivalent per contract, may be procured under contracts awarded on the basis of Shopping.
Shopping. Goods and equipment estimated to cost less than EUR 80,000 equivalent per contract, may be procured under contracts awarded on the basis of Shopping procedures in accordance with the provisions of paragraphs 3.1 and 3.5 of the Guidelines.
Shopping. Works estimated to cost less than US$100,000 equivalent per contract, goods estimated to cost less than US$50,000 equivalent per contract, and services (other than consultants’ services) estimated to cost less than US$10,000 equivalent per contract, may be procured under contracts awarded on the basis of Shopping.
Shopping. Goods and Non-Consultants’ Services estimated to cost less than $50,000 equivalent per contract and works estimated to cost less than $150,000 equivalent per contract, may be procured under contracts awarded on the basis of Shopping.
Shopping. Goods estimated to cost the equivalent of $100,000 or less per contract, but more than $5,000 equivalent per contract, up to an aggregate amount not to exceed $90,500,000 equivalent, may be procured under contracts awarded on the basis of national shopping procedures in accordance with the provisions of paragraphs 3.5 and 3.6 of the Guidelines.
Shopping. Goods estimated to cost less than $10,000 equivalent per contract, may be procured under contracts awarded on the basis of Shopping. Section III. Particular Methods of Procurement of Consultants’ Services
A. Quality- and Cost-based Selection. Except as otherwise provided in Part B of this Section, consultants’ services shall be procured under contracts awarded on the basis of Quality- and Cost-based Selection. For purposes of paragraph 2.7 of the Consultant Guidelines, the short list of consultants for services estimated to cost less than $100,000 equivalent per contract may comprise entirely national consultants.
B. Other Procedures
Shopping. Works and goods (other than ARV’s and other related products) estimated to cost less than $50,000 equivalent per contract, and ARV’s and other related products estimated to cost less than $250,000 equivalent per contract, may be procured under contracts awarded on the basis of Shopping.