Procurement Framework definition

Procurement Framework means (i) the Procurement Policy for Bank Group Funded Operations dated October 2015 and effective January 1, 2016; (ii) the Methodology for Implementation of the Procurement Policy of the African Development Bank; (iii) the Operations Procurement Manual for the African Development Bank; and (iv) the Procurement Toolkit for the African Development Bank as the same may be amended from time to time.
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Procurement Framework means (i) the Procurement Policy for Bank Group Funded Operations dated October 2015 and effective January 1, 2016; (ii) the Methodology for Implementation of the Procurement Policy of the African Development Bank; (iii) the Operations Procurement Manual for the African Development Bank; and (iv) the
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Examples of Procurement Framework in a sentence

  • The Company is of the view that entering into the Procurement Framework Agreement is able to ensure the stableness of the Group’s business and to satisfy future demand of the Group from time to time, which is in the overall interests of the Group.

  • Save for the above, to the best of Directors’ knowledge, information and belief, and after making all reasonable enquiries, no other Director had a material interest in the Procurement Framework Agreement or shall abstain from voting on board resolutions approving the Procurement Framework Agreement and the transactions contemplated thereunder.

  • Capital works will deliver Aboriginal employment and business outcomes as per the Employment and Procurement Framework and employment targets outlined in A37.

  • Terms and conditions of the Individual Agreements shall be consistent with the Procurement Framework Agreement.

  • The Board (including the independent non-executive Directors) are of the view that the continuing connected transactions contemplated under the Procurement Framework Agreement are entered into in the ordinary and usual course of business of the Company, on normal commercial terms, and are in the interests of the Company and its shareholders as a whole.

  • On 27 December 2024, the Company entered into the New Procurement Framework Agreement with Yili Industrial for a term of three (3) years commencing from 1 January 2025 to 31 December 2027 in relation to the purchase of goat milk base powder and related ingredients by the Group from the Yili Industrial Group from time to time during the terms of the New Procurement Framework Agreement.

  • Capital works and property and tenancy management will be guided by the Employment and Procurement Framework.

  • As the highest applicable percentage ratio (as defined under Rule 14.07 of the Listing Rules) of the proposed annual cap for the transactions contemplated under the Procurement Framework Agreement is more than 0.1% but less than 5%, such continuing connected transactions are subject to the reporting, annual review and announcement requirements but are exempt from the circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

  • In addition to all items highlighted under Page 2 titled “Very Important Notice on Disqualifications”, the tenders will be evaluated in terms of the Municipality Supply Chain Management policy, Preferential Procurement Framework Act (Act 5 of 2000) and its regulations as enacted in 2001.

  • Pursuant to the requirements of relevant laws and regulations, the Listing Rules and the articles of association of the Company, when the Board reviewed the resolution in respect of the Procurement Framework Agreement, Mr. ▇▇▇▇ ▇▇▇ and Mr. ▇▇ ▇▇▇▇▇, as connected directors, abstained from voting.