Common use of Procurement Practices Clause in Contracts

Procurement Practices. The Principal Recipient shall keep the Global Fund continuously informed about the policies and practices that it shall use to contract for goods and services under this Agreement. At a minimum, the policies and practices governing all procurement under the Program shall conform to the requirements (i) through (viii) listed below and, where Health Products are being procured, those in Article 19 of this Agreement. The Principal Recipient shall ensure that such policies and practices are followed at all times. i. Contracts shall be awarded on a transparent and, subject only to established exemptions included in written procurement policies and practices provided to the Global Fund, on a competitive basis. ii. All solicitations for contract bids must be clearly notified to all prospective bidders, which shall be given a sufficient amount of time to respond to such solicitation. iii. Solicitations for goods and services shall provide all information necessary for a prospective bidder to prepare a bid and, as such, shall be based upon a clear and accurate description of the proposed terms and conditions of the contract and the goods or services to be acquired. iv. The conditions of participating in a contract bid shall be limited to those that are essential to ensure the participant’s capability to fulfill the contract in question and compliance with domestic procurement laws. v. Contracts shall be awarded only to responsible contractors that possess the ability to successfully perform the contracts. vi. No more than a reasonable price (as determined, for example, by a comparison of price quotations and market prices) shall be paid to obtain goods and services. vii. The Principal Recipient and its representatives and agents shall not engage in any of the practices described in Article 21(b) in relation to such procurement. viii. The Principal Recipient shall maintain records documenting in detail the receipt and use of goods and services acquired under the Agreement by the Principal Recipient, the nature and extent of solicitations of prospective suppliers of goods and services acquired by the Principal Recipient, and the basis of award of Principal Recipient contracts and orders.

Appears in 4 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Procurement Practices. The Principal Recipient shall keep the Global Fund continuously informed about the policies and practices that it shall use to contract for goods and services under this Agreement. At a minimum, the policies and practices governing all procurement under the Program shall conform to the requirements (i) through (viii) listed below and, where Health Products are being procured, those in Article 19 of this Agreement. The Principal Recipient shall ensure that such policies and practices are followed at all times. i. Contracts shall be awarded on a transparent and, subject only to established exemptions included in written procurement policies and practices provided to the Global Fund, on a competitive basis. ii. All solicitations for contract bids must be clearly notified to all prospective bidders, which shall be given a sufficient amount of time to respond to such solicitation. iii. Solicitations for goods and services shall provide all information necessary for a prospective bidder to prepare a bid and, as such, shall be based upon a clear and accurate description of the proposed terms and conditions of the contract and the goods or services to be acquired.; iv. The conditions of participating Conditions to the participation in a contract bid shall be limited to those that are essential to ensure the participant’s capability to fulfill the contract in question and compliance with domestic procurement laws. v. Contracts shall be awarded only to responsible contractors that possess the ability to successfully perform the contracts. vi. No more than a reasonable price (as determined, for example, by a comparison of price quotations and market prices) shall be paid to obtain goods and services. vii. The Principal Recipient and its representatives and agents shall not engage in any of the practices described in Article 21(b) in relation to such procurement. viii. The Principal Recipient shall maintain records documenting in detail the receipt and use of goods and services acquired under the Agreement by the Principal Recipient, the nature and extent of solicitations of prospective suppliers of goods and services acquired by the Principal Recipient, and the basis of award of Principal Recipient contracts and orders.

Appears in 2 contracts

Samples: Funding Agreement, Grant Agreement

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Procurement Practices. The For each Program, the Grantee shall take all appropriate and necessary actions to ensure that the Principal Recipient shall keep keeps the Global Fund continuously informed about the policies and practices that it shall use the Principal Recipient uses to contract for goods and services under this the relevant Grant Agreement. At a minimum, the policies and practices governing all procurement under the relevant Program shall conform to the requirements (ia) through (viiih) listed below and, where Health Products are being procured, those listed in Article 19 of this AgreementSection 5.2 below. The Grantee shall ensure, and shall cause the Principal Recipient shall ensure to ensure, that such policies and practices are followed at all times. i. (a) Contracts shall be awarded on a transparent and, subject only to established exemptions included in written procurement policies and practices provided to the Global Fund, on a competitive basis.; ii. (b) All bid solicitations for contract bids must be clearly notified to all prospective bidders, which shall be given a sufficient amount of time to respond to such solicitation.; iii. (c) Solicitations for goods and services shall provide all information necessary for a prospective bidder to prepare a bid and, as such, shall be based upon a clear and accurate description of the proposed terms and conditions of the contract and the goods or services to be acquired.; iv. (d) The conditions of participating in a contract bid shall be limited to those that are essential to ensure the participant’s capability to fulfill fulfil the contract in question and compliance with domestic the relevant procurement laws.law of the Host Country; v. (e) Contracts shall be awarded only to responsible contractors that possess the ability to successfully perform the contracts.; vi. (f) No more than a reasonable price (as determined, for example, by a comparison of price quotations and market prices) shall be paid to obtain goods and services.; vii. (g) The Principal Recipient and its representatives and agents shall not engage in any practice that is in violation of the practices described in Article 21(b) Code of Conduct for Recipients or the Code of Conduct for Suppliers in relation to such procurement.; and viii. (h) The Principal Recipient shall maintain records documenting in detail the receipt and use of goods and services acquired under the Agreement by the Principal Recipient, the nature and extent of solicitations of prospective suppliers of goods and services acquired by to be procured with Grant Funds, the Principal Recipientbasis for awarding relevant contracts and orders, and the basis receipt and use of award of Principal Recipient contracts goods and ordersservices so procured.

Appears in 1 contract

Samples: Framework Agreement

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