Common use of Review by the Bank of Procurement Decisions Clause in Contracts

Review by the Bank of Procurement Decisions. 1. Except as the Association shall otherwise determine by notice to the Recipient, the following contracts shall be subject to Prior Review by the Association:(a) each contract for works estimated to cost the equivalent of $350,000 or more; (b) each contract for goods estimated to cost the equivalent of $200,000 or more; (c) each contract for goods and works procured under the procedures for Direct Contracting; and (d) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

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Review by the Bank of Procurement Decisions. 1. Except as the Association shall otherwise determine by notice to the Recipient, the following contracts shall be subject to Prior Review by the Association:(aAssociation: (a) each contract for works estimated to cost the equivalent of $350,000 500,000 or more, or procured on the basis of Direct Contracting; (b) each contract for goods estimated to cost the equivalent of $200,000 250,000 or more, or procured on the basis of Direct Contracting; (c) each contract for goods and works procured under the procedures for Direct Contracting; and (d) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more; (d) each contract for employment of individual consultants estimated to cost the equivalent of $50,000 or more. All other contracts shall be subject to Post Review by the Association.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

Review by the Bank of Procurement Decisions. 1. Except as the Association shall otherwise determine by notice to the Recipient, the following contracts shall be subject to Prior Review by the Association:(a) each contract for works estimated to cost the equivalent of $350,000 or more; Association: (ba) each contract for goods or works estimated to cost the equivalent of $200,000 or more; (c) each contract for goods and works procured under the procedures for Direct Contracting; and (db) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more; (c) each contract for employment of individual consultants estimated to cost the equivalent of $50,000 or more. All other contracts shall be subject to Post Review by the Association.

Appears in 1 contract

Samples: Financing Agreement

Review by the Bank of Procurement Decisions. 1. Except as the Association shall otherwise determine by notice to the Recipient, the following contracts shall be subject to Prior Review by the Association:(aAssociation: (a) each contract for works estimated to cost the equivalent of $350,000 500,000 or more; (b) each contract for or goods estimated to cost the equivalent of $200,000 250,000 or more; (c) each contract for goods and or works procured under on the procedures for basis of Direct Contracting; and (d) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more.

Appears in 1 contract

Samples: Financing Agreement

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Review by the Bank of Procurement Decisions. 1. Except as the Association shall otherwise determine by notice to the Recipient, the following contracts shall be subject to Prior Review by the Association:(a) each contract for works estimated to cost the equivalent of $350,000 or more; Association: (ba) each contract for goods or works estimated to cost the equivalent of $200,000 or more; (c) each contract for goods and works procured under the procedures for Direct Contracting; and (d) each contract for consultants’ services provided by a firm estimated to cost the equivalent of $100,000 or more.;

Appears in 1 contract

Samples: Additional Financing Agreement

Review by the Bank of Procurement Decisions. 1. Except as the Association shall otherwise determine by notice to the Recipient, the following contracts shall be subject to Prior Review by the Association:(aAssociation: (a) each contract for goods or works estimated to cost the equivalent of $350,000 150,000 or more; and (b) each contract for goods estimated to cost the equivalent of $200,000 or more; (c) each contract for goods and works procured under the procedures for Direct Contracting; and (d) each contract for consultants’ services provided by a firm firm, and each contract for individual consultants, estimated to cost the equivalent of $100,000 100,000, or more and $50,000 or more, respectively. All other contracts shall be subject to Post Review by the Association.

Appears in 1 contract

Samples: Financing Agreement

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