Common use of Procurement procedure Clause in Contracts

Procurement procedure. The Borrower shall procure that each Final Beneficiary undertakes to purchase equipment, secure services and order works for the relevant Sub-Projects by open international tender or other acceptable procurement procedure complying, to the Bank's satisfaction, with its policy as described in its Procurement Guide in force at the date of this Contract.

Procurement procedure. The Borrower shall procure that each Final Beneficiary undertakes to purchase equipment, secure services and order works for the relevant Sub-Projects by open international tender or other acceptable procurement procedure complying, to the Bank's satisfaction, with its policy as described in its Procurement Guide in force at the date of this Contract. The Promoter shall regularly publish on a web-site (to be agreed with the Bank) all public award notices for works above EUR 130,000.00 (equal to HRK 1,000,000.00).