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. (b) In addition, Project Company agrees to include in each contract or work order a provision requiring it to adhere to the requirements of this Section 16.03 and to require its sub- contractors to do so, with respect to any activities undertaken in Lao PDR by such Persons (and their sub-contractors), on behalf of Project Company. (c) In conducting procurement, Project Company shall use its good faith efforts to seek to maximize the opportunities for Lao nationals to compete. In structuring its procurement Project Company shall take and shall have its sub-contractors take all reasonable measures to ensure that Lao nationals may reasonably compete in the provision of goods and services to the Project Company and its sub-contractors. (d) Project Company shall incorporate details regarding activities conducted under this Section 16.03in the Annual Progress Report submitted to One Stop Service, and shall include information about the value of goods and services acquired from Lao nationals resident in Lao PDR or produced in Lao PDR by Lao nationals.

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. (b) In addition, Project Company agrees to include in each contract or work order a provision requiring it to adhere to the requirements of this Section 16.03 and to require its sub- contractors Contractors to do so, with respect to any activities undertaken in Lao PDR by such Persons (and their sub-contractorsContractors), on behalf of Project Company. (c) In conducting procurement, Project Company shall use its good faith efforts to seek to maximize the opportunities for Lao nationals to compete. In structuring its procurement Project Company shall take and shall have its sub-contractors Contractors take all reasonable measures to ensure that Lao nationals may reasonably compete in the provision of goods and services to the Project Company and its sub-contractorsContractors. (d) Project Company shall incorporate details regarding activities conducted under this Section 16.03in the Annual Progress Report submitted to One Stop Service, and shall include information about the value of goods and services acquired from Lao nationals resident in Lao PDR or produced in Lao PDR by Lao nationals.