Requirements contract definition

Requirements contract means a contract:
Requirements contract means a price agreement that constitutes a firm Offer by the Contractor, regardless of whether any order or purchase has been made or any performance has been tendered under the price agreement and is enforceable for the period stated in the price agreement and is not revocable by the Contractor. A price agreement does not constitute an exclusive dealing commitment on the part of the College or the Contractor unless the price agreement expressly so provides. (ORS 279B.140)
Requirements contract means a contract: (a) under which a contractor agrees to provide the District’s entire requirements for certain procurement items at prices specified in the contract during the contract period; and (b) that either does not require a minimum purchase amount or provides a maximum purchase limit.

Examples of Requirements contract in a sentence

  • Without limiting the foregoing, in the event that the Company does not disclose information in reliance on the preceding sentence, it shall provide notice to Parent that it is withholding such information and shall use its reasonable best efforts to communicate, to the extent feasible, the applicable information in a way that would not violate the applicable Legal Requirements, Contract or obligation or risk waiver of such privilege.

  • Each of the Contracts (other than the Requirements Contract between Seller and Kemira, Inc.

  • Table 16-10: Major Mine Equipment Requirements Contract support mine equipment will consist of: 6 t Crane Truck Telehandler Man lift Lighting plants 4x4 Pickup Trucks Bus Welder 16.9 CONTRACTOR EXPLOSIVESAlio Gold will hold the explosives license and be responsible for the storage of explosives and bulk products on site.

  • On or before the Closing Date Buyer and Seller shall have entered into a Requirements Contract for the purchase of printed circuit boards.

  • The Contractor shall not perform work that conflicts with the Construction Rules and Requirements, Contract Documents without approval by CESCR.


More Definitions of Requirements contract

Requirements contract means a contract which provides for filling all actual purchase requirements of designated Government activities for supplies or services during a specified contract period, with deliveries or performance to be scheduled with the contractor.
Requirements contract means a Contract in which the Contractor agrees to supply some or all of the County’s requirements that arise for item(s) or service within a specified time period.
Requirements contract. . means Aan agreement in which the contractor agrees to supply to the County the specific goods or services identified in the agreement for a specific time period, based upon the quantity required or ordered by the County's during the time period.
Requirements contract means a form of indefinite delivery/indefinite quantity contract or agreement where the actual purchase requirements for specific supplies or services during the contract period are filled by the selected vendor(s) or other entity under an established pricing agreement.
Requirements contract means a contract with one or more Projects, each with its own scope of work as set forth in a Work Order issued for that Project by the Commissioner.
Requirements contract means a requirements contract between the Company and USAC, substantially in the form agreed upon by the Parties as of the date of this Agreement, with such changes as are mutually acceptable to the Parties.
Requirements contract means a contract: 2507 (a) where a contractor agrees to provide a procurement unit's entire requirements for 2508 certain procurement items at prices specified in the contract during the contract period; and 2509 (b) that: 2510 (i) does not require a minimum purchase amount; or 2511 (ii) provides a maximum purchase limit. 2512 (45) "Responsible" means being capable, in all respects, of: 2513 (a) meeting all the requirements of a solicitation; and 2514 (b) fully performing all the requirements of the contract resulting from the solicitation, 2515 including being financially solvent with sufficient financial resources to perform the contract. 2516 (46) "Responsive" means conforming in all material respects to the invitation for bids 2517 or request for proposals. 2518 (47) "Sealed" means manually or electronically sealed and submitted bids or proposals. 2519 (48) (a) "Services" means the furnishing of labor, time, or effort by a contractor, not 2520 involving the delivery of a specific end product other than a report that is incidental to the 2521 required performance. 2522 (b) "Services" does not include an employment agreement or a collective bargaining 2523 agreement. 2524 (49) "Sole source contract" means a contract resulting from a sole source procurement. 2525 (50) "Sole source procurement" means a procurement without competition pursuant to 2526 a determination under Subsection 63G-6a-802(2)(a) that there is only one source for the 2527 procurement item. 2528 (51) "Solicitation" means an invitation for bids, request for proposals, notice of a sole 2529 source procurement, request for statement of qualifications, request for information, or any 2530 document used to obtain bids, proposals, pricing, qualifications, or information for the purpose 2531 of entering into a procurement contract. 2532 (52) "Specification" means any description of the physical or functional characteristics, 2533 or nature of a procurement item included in an invitation for bids or a request for proposals, or 2534 otherwise specified or agreed to by a procurement unit, including a description of: 2535 (a) a requirement for inspecting or testing a procurement item; or 2536 (b) preparing a procurement item for delivery.