Common use of Method of Acquisition Clause in Contracts

Method of Acquisition. In compliance with 49 U.S.C. § 5325(f), the Recipient agrees that any third party contract award it makes for rolling stock will be based on initial capital costs, or on performance, standardization, life cycle costs, and other factors, or on a competitive procurement process.

Appears in 10 contracts

Sources: Master Agreement, Master Agreement, Master Agreement