Common use of Market Testing Clause in Contracts

Market Testing. At any time before or after the End Date, HBDHB may test the market for the Services or similar services in any way it sees fit. The Supplier acknowledges that HBDHB has obligations under the Ministry of Business Innovation and Employment's Government Rules of Sourcing ("Rules"). This may include a requirement to regularly test the market. HBDHB will assess and determine, at its sole discretion, its obligations under the Rules, and whether to openly advertise for the Services or similar services. An indication of a date by when the market may be tested is provided in item 19 of Schedule 1 (if such a date is known at the time this Agreement is signed). HBDHB may, at its sole discretion, test the market before or after this date or choose not to test the market.

Appears in 3 contracts

Sources: Services Agreements, Services Agreements, Services Agreement