Common use of Equipment and other Goods and Services Clause in Contracts

Equipment and other Goods and Services. 1. To the extent authorized in the budget, the Implementing Partner may directly procure goods and services not exceeding [optional: an aggregate total of] €250 to facilitate small, routine day to day operational purchases and which are not considered “attractive assets” for the purposes of the OSCE. Attractive assets for the purposes of the OSCE shall mean assets with a value of less than €250 at the time of purchase, but which have a service life of at least two (2) years, are considered to be of an attractive nature, are easily removable and carry a higher risk of loss or theft (e.g. mobile phones, Global Positioning System (GPS) units, handheld radios, etc). Otherwise the OSCE shall purchase any equipment, goods and services necessary for the implementation of the Project in accordance with its internal procurement rules. 2. Equipment and other goods furnished or financed by the OSCE for the implementation of the Project shall remain the property of the OSCE and shall be returned to the OSCE upon completion of the Project or upon termination of the Agreement. [Option 2, only on an exceptional basis and if explicitly specified in the Project description]