High Value Items definition
Examples of High Value Items in a sentence
If BUYER’s contract with its customer contains any of the following clauses, then such clause(s) shall be, and are, incorporated herein, in which case, the term “contractor” as used in such clause(s) shall mean the SELLER hereunder and the term “Government” shall mean the government and/or BUYER, as appropriate; FAR 52.246-23 (Limitation of Liability), FAR 52.246-24 (Limitation of Liability - High Value Items), or FAR 52.246-25 (Limitation of Liability - Services).
The Supplier shall ensure that picking of High Value Items is undertaken as set out at Section 2 Paragraph 2.2.4 and shall only be undertaken by Supplier Personnel.
The Supplier will be responsible for performing stock checks of at least 25% of all stock (excluding High Value Items), on a random basis, and that a weekly stock take is undertaken, ensuring a 100% stock take of all items over a rolling 4 or 5 week period.
The Supplier shall undertake a stock take of all High Value Items is conducted every week.
The Supplier will ensure that any chilled and/or frozen goods ordered by an End User from the Prisoner Order Form is delivered with the Prisoner Order in accordance with timings as agreed in the MOUs. The Supplier shall ensure prior to any picking and packing process within any Retail Workshop that there is a secure, locked and Supplier managed facility to process the receiving and storing of High Value Items (DWIP 103) in Retail Workshops utilising Supplier staff only.
The Supplier shall ensure that 25% of all stock (excluding High Value Items), on a random basis, undergoes a weekly stock take, ensuring a 100% stock take of all items over a rolling 4 or 5-week period.
CLAUSES INCORPORATED BY FULL TEXT HQ C-2-0033 LIMITATION OF LIABILITY - HIGH VALUE ITEMS (NAVSEA) (JUN 1992) The following items are subject to the clause of this contract entitled "LIMITATION OF LIABILITY--HIGH VALUE ITEMS" (FAR 52.246-24): High Value Items- NPTU BARGES IX-516, YFN-797 and YC-1596.