Common use of Procurement of Small Works Clause in Contracts

Procurement of Small Works. Works, including incidental materials and tools required therefor, estimated to cost less than US$50,000 equivalent per contract, up to an aggregate amount not to exceed US$1,720,000 equivalent, may be procured under lump-sum, fixed-price contracts awarded on the basis of quotations obtained from three (3) qualified domestic contractors in response to a written invitation. The invitation shall include a detailed description of the works, including basic specifications, the required completion date, a basic form of agreement acceptable to the Administrator, and relevant drawings, where applicable. The award shall be made to the contractor who offers the lowest price quotation for the required work, and who has the experience and resources to complete the contract successfully. Part D: Review by the Administrator of Procurement Decisions

Appears in 2 contracts

Samples: Trust Fund Credit Agreement, Trust Fund Credit Agreement

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Procurement of Small Works. WorksSmall works, including incidental materials and tools required therefor, estimated to cost less than US$50,000 $100,000 equivalent per contract, up to an aggregate amount not to exceed US$1,720,000 $17,000,000 equivalent, may shall be procured under lump-sum, fixed-price contracts awarded on the basis of quotations obtained from three (3) qualified domestic contractors in response to a written invitation. The invitation shall include a detailed description of the works, including basic specifications, the required completion date, a basic form of agreement acceptable to the AdministratorBank, and relevant drawings, where applicable. The award shall be made to the contractor who offers the lowest price quotation for the required work, and who has the experience and resources to complete the contract successfully. Part D: Review by the Administrator Bank of Procurement Decisions

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Procurement of Small Works. Works, including incidental materials and tools required therefor, Works estimated to cost less than US$50,000 $30,000 equivalent per contract, up to an aggregate amount not to exceed US$1,720,000 $______ equivalent, may be procured under lump-sum, fixed-price contracts awarded in accordance with the provisions of paragraph 3.5 of the Guidelines on the basis of quotations obtained from three (3) qualified domestic contractors in response to a written invitation. The invitation shall include a detailed description of the works, including basic specifications, the required completion date, a basic form of agreement acceptable to the AdministratorAssociation, and relevant drawings, where applicable. The award shall be made to the contractor who offers the lowest price quotation for the required work, and who has the experience and resources to complete the contract successfully. Part D: Review by the Administrator Association of Procurement Decisions

Appears in 1 contract

Samples: Development Grant Agreement

Procurement of Small Works. Works, including incidental materials repairs of existing buildings and tools required thereforinstallation of x-ray protection barriers, estimated to cost less than US$50,000 $100,000 equivalent per contract, up to an aggregate amount not to exceed US$1,720,000 $2,730,000 equivalent, may be procured under lump-sum, fixed-price contracts awarded on the basis of quotations obtained from three (3) qualified domestic contractors in response to a written invitation. The invitation shall include a detailed description of the works, including basic specifications, the required completion date, a basic form of agreement acceptable to the AdministratorBank, and relevant drawings, where applicable. The award shall be made to the contractor who offers the lowest price quotation for the required work, and who has the experience and resources to complete the contract successfully. Part D: Review by the Administrator Bank of Procurement Decisions

Appears in 1 contract

Samples: Loan Agreement

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Procurement of Small Works. Works, including incidental materials and tools required therefor, Works estimated to cost less than US$$50,000 equivalent per contract, up to an aggregate amount not to exceed US$1,720,000 $600,000 equivalent, may be procured under lump-sum, fixed-price contracts awarded in accordance with the provisions of paragraph 3.5 of the Guidelines on the basis of quotations obtained from three (3) qualified domestic contractors in response to a written invitation. The invitation shall include a detailed description of the works, including basic specifications, the required completion date, a basic form of agreement acceptable to the AdministratorAssociation, and relevant drawings, where applicable. The award shall be made to the contractor who offers the lowest price quotation for the required work, and who has the experience and resources to complete the contract successfully. Part D: Review by the Administrator Association of Procurement Decisions

Appears in 1 contract

Samples: Development Credit Agreement

Procurement of Small Works. Works, including incidental materials and tools required therefor, Works estimated to cost less than US$$50,000 equivalent per contract, up to an aggregate amount not to exceed US$1,720,000 $300,000 equivalent, may be procured under lump-sum, fixed-price contracts awarded in accordance with the provisions of paragraph 3.5 of the Guidelines on the basis of quotations obtained from three (3) qualified domestic contractors in response to a written invitation. The invitation shall include a detailed description of the works, including basic specifications, the required completion date, a basic form of agreement acceptable to the AdministratorAssociation, and relevant drawings, where applicable. The award shall be made to the contractor who offers the lowest price quotation for the required work, and who has the experience and resources to complete the contract successfully. Part D: Review by the Administrator Association of Procurement Decisions

Appears in 1 contract

Samples: Project Agreement

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