Common use of Contract Awards Clause in Contracts

Contract Awards. Subject to the Contract, Operator shall award the contract to the best qualified contractor as determined by cost and ability to perform the contract without the obligation to tender and without informing or seeking the approval of the Operating Committee, except that before entering into contracts with Affiliates of Operator exceeding 500,000 US dollars, Operator shall obtain the approval of the Operating Committee, unless the contract with the Affiliate is either awarded through a tender or is on terms equivalent to those offered by an arm's length third party.

Contract Awards. Subject to the Contract, Operator shall award the contract to the best qualified contractor as determined by cost and ability to perform the contract without the obligation to tender and without informing or seeking the approval of the Operating Committee, except that before entering into contracts with Affiliates of Operator exceeding $500,000 US U.S. dollars, Operator shall obtain the approval of the Operating Committee, unless the contract with the Affiliate is either awarded through a tender or is on terms equivalent to those offered by an arm's length third party.

Contract Awards. Subject to the Contract, The Operator shall award the any contract to the best qualified contractor as determined by cost and ability to perform the contract without the obligation to tender and without informing or seeking the approval of the Operating Management Committee, except that before entering into contracts with Affiliates of Operator exceeding 500,000 US dollarsFive Million U.S. dollars (U.S. $5,000,000), the Operator shall obtain the approval of the Operating Management Committee, unless the contract with the Affiliate is either awarded through a tender or is on terms equivalent to those offered by an arm's length third party.

Contract Awards. Subject to the Contract, Operator shall award the contract contracts to the best qualified contractor as determined by cost and ability to perform the contract without the obligation to tender and without informing or seeking the approval of the Operating Committee, except that before entering into contracts with Affiliates of Operator exceeding 500,000 US dollarsFive Thousand ($5,000) U.S. Dollars, Operator shall obtain the approval of the Operating Committee, unless the contract with the Affiliate is either awarded through a tender or is on terms equivalent to those offered by an arm's length third party.

Contract Awards. Subject to the Contract, Operator shall award the contract any sub-contracts to the best qualified contractor contractors as determined by cost and ability to perform the contract without the obligation to tender and without informing or seeking the approval of the Operating Committee, except that before entering into contracts with Affiliates of Operator exceeding 500,000 US $250,000 U.S. dollars, Operator shall obtain the approval of the Operating Committee, unless the contract with the Affiliate is either awarded through a tender or is on terms equivalent to those offered by an arm's length third party.