Common use of PROCUREMENT ON CONSIGNMENT/UTILIZATION BASIS Clause in Contracts

PROCUREMENT ON CONSIGNMENT/UTILIZATION BASIS. All approved items on Consignment / Utilization basis must be made available in sufficient quantity to cater the whole need of the Institute, Lead time for replenishment of such stocks will be 48 to 72 hours. It will be communicated by telephone, fax or e-mail to you or your authorized distributor.

PROCUREMENT ON CONSIGNMENT/UTILIZATION BASIS. All approved a p p r o v e d items on Consignment / Utilization basis must be made available in sufficient quantity to cater the whole need of the Institute, Lead time for replenishment of such stocks will be 48 to 72 hours. It will be communicated by telephone, fax or e-mail to you or your authorized distributor.