Common use of Schedule of Requirements Clause in Contracts

Schedule of Requirements. Notes for Preparing the Estimated Schedule of Requirements (a) the implications of delivery terms stipulated in the Instructions to Bidders pursuant to the Incoterms rules (e.g. EXW—that “delivery” takes place when Goods are delivered to the carriers), and (b) the date prescribed herein from which the Procuring Agency’s delivery obligations start (i.e., notice of award, contract signature, opening or confirmation of the letter of credit).