No Commitment. 55.1. The Contractor may offer a “No Commitment” financial option to the Framework Public Body for the products identified in the Framework Agreement. This financial option may need to specify a minimum volume and can be indicated on the Pricing Pages. 55.2. “No commitment” is a commercial solution which is, in essence, predicated on leased products not restricted by term length which can be returned, without cost, at any time providing 30 days’ notice is given by the Framework Public Body. The maximum period for any product is 7 years. 55.3. Remanufactured or refurbished products may be considered under the “no commitment” financial option, providing the products meet all the technical, safety and environmental requirements with the applicable certification.
Appears in 8 contracts
Samples: Framework Agreement, Framework Agreement, Framework Agreement
No Commitment. 55.1. The Contractor may offer a “No Commitment” financial option to the Framework Public Body for the products identified in the Framework Agreement. This financial option may need to specify a minimum volume and can be indicated on the Pricing Pages.
55.2. “No commitment” is a commercial solution which is, in essence, predicated on leased products not restricted by term length which can be returned, without cost, at any time providing 30 days’ notice is given by the Framework Public Body. The maximum period for any product is 7 years.
55.3. Remanufactured or refurbished products may be considered under the “no commitment” financial option, providing the products meet all the technical, safety and environmental requirements with the applicable certification.
Appears in 1 contract
Samples: Framework Agreement
