Common use of Single Source Clause in Contracts

Single Source. Notwithstanding the requirements of Section 4.01(c) above, although two (2) or more vendors can supply the requisite Equipment and/or Vehicle(s), DDC may, in its sole and absolute discretion, upon written findings setting forth the material and substantial reasons therefor, authorize Funding Recipient to procure all or any of the Equipment and/or Vehicle(s) on a single source basis from vendor(s) identified by Funding Recipient, provided that such Equipment and/or Vehicle(s) would otherwise constitute Eligible Equipment and Vehicle(s) and the vendor(s) thereof otherwise constitute Eligible Vendors. In such instances, Funding Recipient shall provide DDC the circumstances leading to the selection of the vendor, including the alternatives considered, the rationale for selecting the vendor in question and the basis upon which it determined the cost was reasonable.β€Œ

Appears in 1 contract

Sources: Funding Agreement

Single Source. Notwithstanding the requirements of Section 4.01(c) above, although two (2) or more vendors can supply the requisite Equipment and/or Vehicle(s), DDC may, in its sole and absolute discretion, upon written findings setting forth the material and substantial reasons therefor, authorize Funding Recipient to procure all or any of the Equipment and/or Vehicle(s) on a single source basis from vendor(s) identified by Funding Recipient, provided that such Equipment and/or Vehicle(s) would otherwise constitute Eligible Equipment and Vehicle(s) and the vendor(s) thereof otherwise constitute Eligible Vendors. In such instances, Funding Recipient shall provide DDC the circumstances leading to the selection of the vendor, including the alternatives considered, the rationale for selecting the vendor in question and the basis upon which it determined the cost was reasonable.β€Œreasonable.

Appears in 1 contract

Sources: Funding Agreement