Common use of Purchase of Local Goods and Services Clause in Contracts

Purchase of Local Goods and Services. (a) Project Company shall, when purchasing goods and services related to this Project, give preference to goods produced in Lao PDR by Lao nationals, services provided by Lao nationals resident in Lao PDR, and/or entities incorporated or formed in Lao PDR and are majority owned by Lao nationals resident in Lao PDR; provided, however, that such goods and services are at least equal to or better than comparable goods and services obtainable from Persons located outside of Lao PDR or Persons that are majority owned by non-Lao nationals, taking into account price, quality, safety standards, service, quantity, delivery, availability and other terms.