OPTION CLAUSE. The Purchaser reserves the right to increase or decrease the quantity to be ordered upto 50 percent of bid quantity at the time of placement of contract. The purchaser also reserves the right to increase the ordered quantity by up to 50% of the contracted quantity during the currency of the contract at the contracted rates. Bidders are bound to accept the orders accordingly.
Appears in 9 contracts
Samples: Additional Service Level Agreement, Additional Service Level Agreement, Additional Service Level Agreement