Common use of Estimated Quantity Contracts Clause in Contracts

Estimated Quantity Contracts. 1. Contracts for estimated quantities may be used for purchase, delivery or service orders. When the “Autoridad” requires supply of goods and services in estimated quantities that are shown on the price list on the first part of the contract, it is committed to purchasing these from the contractor during the term of the contract. The amounts indicated on the price list are estimated and do not bind the “Autoridad” to order these, unless the contrary is stated or the price list identifies a minimum quantity, which the “Autoridad” would be obligated to purchase.