Small and medium Sample Clauses
The 'Small and medium' clause defines the criteria or thresholds that distinguish small and medium-sized entities, typically in the context of businesses or organizations. This clause may specify factors such as annual revenue, number of employees, or total assets to determine eligibility for certain benefits, obligations, or regulatory requirements. Its core practical function is to ensure that only entities of a certain size are subject to specific terms or protections, thereby tailoring contractual or legal provisions to the scale of the parties involved.
Small and medium sized enterprises 1 participation
1. The Parties recognize the importance of the participation of small and medium-sized enterprises in government procurement.
2. The Parties also recognize the importance of business alliances between suppliers of each Party, and in particular between small and medium-sized enterprises, including the joint participation in tendering procedures.
3. The Parties shall endeavor to work jointly towards exchanging information and facilitating access of small and medium-sized enterprises to government procurement procedures, methods, and contracting requirements, focusing on their special needs. 1 For purposes of this Article, Article 16.18, and Annex 16B, for Peru, "small and medium-sized enterprises" includes micro enterprises as defined in Peru's domestic legislation.
Small and medium sized companies provisions
Small and medium sized companies KfW - a bank for small and medium-sized companies Germany – the land of entrepreneurs