Data Universal Number System (DUNS) number Requirement Clause Samples
The Data Universal Number System (DUNS) number requirement clause mandates that parties involved in a contract or agreement must provide a unique DUNS number, which is a nine-digit identifier assigned to businesses by Dun & Bradstreet. This requirement typically applies to organizations seeking to do business with government agencies or large corporations, ensuring that each entity can be distinctly identified in official records and databases. By requiring a DUNS number, the clause helps prevent fraud, streamlines vendor management, and ensures accurate tracking of business transactions.
Data Universal Number System (DUNS) number Requirement. Grantee will provide their valid DUNS number contemporaneous with execution of this Agreement.