Common use of Small and medium Clause in Contracts

Small and medium. sized enterprises 1 participation 1. The Parties recognize the importance of the participation of small and medium-sized enterprises in government procurement. 2. The Parties also recognize the importance of business alliances between suppliers of each Party, and in particular between small and medium-sized enterprises, including the joint participation in tendering procedures. 3. The Parties shall endeavor to work jointly towards exchanging information and facilitating access of small and medium-sized enterprises to government procurement procedures, methods, and contracting requirements, focusing on their special needs. 1 For purposes of this Article, Article 16.18, and Annex 16B, for Peru, "small and medium-sized enterprises" includes micro enterprises as defined in Peru's domestic legislation.