Risk Purchase. After expiry of prescribed delivery period the Procuring Agency will proceed for risk purchases (at the risk & cost of defaulter) to ensure the un-interrupted healthcare services to the patients. The risk purchase will be automatically done if no request of bidder is received for grace period or stock is nil.
Appears in 5 contracts
Samples: Framework Contract for Procurement of Therapeutic Goods, Framework Contract for Procurement of Therapeutic Goods, Framework Contract for Procurement of Therapeutic Goods