Common use of Reporting on procurement Clause in Contracts

Reporting on procurement. 8.1. Each year before 15 February, [NN] must report to DBA about the fulfilment of industrial co-operation obligations for the past year concerning the procurement of defence equipment and defence services from companies in Denmark. 8.2. The report must be submitted electronically in a template provided by DBA. 8.3. DBA can only approve industrial co-operation fulfilling the obligations defined by the Ministry of Defence, cf. para 6.2. Thus, co- operation with Danish companies concerning goods and/or services outside the scope of defence equipment and/or services cannot qualify as industrial cooperation as defined in this contract. 8.4. Concerning the procurement of sales and services from companies in Denmark, DBA can approve invoices concerning defence equipment and defence services in the previous calendar year specified with the information prescribed for in the template provided by DBA. 8.5. Each claim shall be presented in the actual currency applied. DBA shall convert any approved claim into the currency of this ICC using the daily rate from Danmarks Nationalbank (central bank of Denmark) at the invoice date.