Risk Purchase. Risk purchases shall be proceeded as options: Option i- Risk purchase (on account of bulk procurement) shall be made from the descending lowest bidders where available /applicable keeping in view the bid validity period. Option ii- Xxxxx purchase through Sanction/quotation shall be made as per financial limits, in case of failure against option i.
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
