Those agreements, in particular, had allowed orders to be placed quickly with suppliers.

This was especially true of over the counter markets for foreign currency, securities, derivatives and repurchase agreements.

As regards the issue of a single headquarters procurement entity, CEB members recall that IAPWG had already examined this question under the Common Services Initiative in 1997.

A procuring entity may conduct a price justification procedure in any procurement, including one conducted by means of an electronic reverse auction (which may be suspended for the purpose), and should set out all relevant information in the record of the procurement proceedings required to be maintained under article 11.

Proponents of OMT counter that the Treaty forbids only direct government bond purchases indirect purchases in secondary markets are allowed. But the decision not to prohibit indirect purchases, opponents argue, may have been intended to allow the ECB to carry out weekly repo operations, following a practice used by the Banque de France to reduce fluctuations in short term interest rates.

EU may Reach Crude Oil Purchase Agreement with Iran

First, normal bankruptcy rules don t apply to repos. Second, much repo financing flows into large risk taking financial firms like MF Global, Lehman, and Bear Stearns through money market funds, which must invest very short term, because their depositors want immediate liquidity.

(i) bis In procurement proceedings involving the use of a procurement method pursuant to article 19 bis, the fact that electronic reverse auction was held.

Reforming Repo Rules

Subsequent phases involved technology transfer from the space agency to industry, with buy back guarantees for the products.

The Chiang Mai Initiative aims to help affected countries to cope with disrupted capital flows and maintain exchange rate stability by creating a network of bilateral swap agreements and repurchase agreement facilities among the ASEAN 3 countries.

Bringing the Iran Deal Back Home

In conclusion, the Inspector recommends that IAPWG's inter agency cooperation mandate be clarified by a resolution of the General Assembly and that IAPWG report annually to the General Assembly through CEB with action oriented proposals for improvement in the management, performance measurement and coordination of the procurement function in the system.

In response to a position paper submitted to the Working Group by the European Union, containing a proposal on limiting the amount of procurement of goods and services from countries in arrears, the Legal Counsel stated

In some systems, an online tool has been developed that assists procuring entities to assess the suitability of ERA for an individual procurement.

(e) The transfer of security rights in, sale, loan or holding of or agreement to repurchase securities or other financial assets or instruments held with an intermediary

The response to that appeal would reflect the will to move forward.

The Working Group may wish to consider whether the procuring entity should be required to state in the invitation to tender, or the invitation to prequalify as the case may be, that an electronic reverse auction will be held, as a condition of using the electronic reverse auction as a method of procurement.

AICT set up a programme to report back to the community on the outcome of the World Conference on Human Rights (September).

UNICEF is now providing procurement services for ARVs in 39 countries.

The Australia Thailand agreement, for instance, contains a definition of the anti competitive practices to be proscribed these include business conduct or transactions that adversely affect competition, such as anti competitive horizontal arrangements between competitors misuse of market power, including predatory pricing anti competitive vertical arrangements and anti competitive mergers and acquisitions.

Policy violation in the protocol stream.

Draft provisions enabling the use of electronic reverse auctions in procurement proceedings conducted under the Model Law

Buy Back or Pay Forward?

(d) The transfer of security rights in sale, loan, holding of or agreement to repurchase securities or other financial assets or instruments held with an intermediary

Under the purchase agreement with Vendor B, ABC is required to pay the purchase price for the drill presses within ten days after they are delivered to ABC's plant.

Still, in one area, a Tobin tax could provide an unmitigated benefit. Many of the largest, most precarious financial institutions now finance themselves via repo they buy a long term security (often government debt) and sell it, promising to buy it back the next day for a slightly higher price.

Amendments to articles of the 1994 text so as to enable the use of electronic reverse auctions in procurement proceedings

Another would be to increase financial institutions capital requirements. But these steps must be taken in tandem, because firms and creditors will try to circumvent capital requirements if they see attractive alternative sources of funds like rule exempt repo financing.

(17) As regards income from selling repurchase securities, it is required to make disclosure of the beginning balance, ending balance and the agreed repurchase price at maturity of each trading place.

Provisional Agreement on Children Returnees

(b) In its report on the biennium 1992 1993, the Board of Auditors recommended that all procurement requests be channelled through the Procurement Unit.

Publication of some additional information may be necessitated by new electronic procurement techniques and features, such as e catalogues, dynamic purchasing systems or electronic reverse auctions (ERAs).

The Board noted that the inventory had not been purchased by the vendor in accordance with the terms of the agreement.

Based on the requisition, the Mission s Procurement Section presented the case to the Local Committee on Contracts at its meeting of 12 November 1996.

8. Associate Procurement Officer (P 2).

Debt buy back and Brady bonds11

Procurement of recycled paper ( 1.2 million)

The terms of purchase are agreed in advance in a contract which specifies how much will be bought, the price that will be paid and how risks are allocated.

If further coordination is needed, this can be brought to the IAPWG for consideration.

impact of the Uruguay Round Agreements on development and

L 134, 30 April 2004, p. 114, also available at http europa.eu.int comm internal_market publicprocurement legislation_en.htm) (hereinafter the EU Public Procurement Directive ), and article XVIII (1) of the World Trade Organization's (WTO) Agreement on Government Procurement (hereinafter the GPA ) (see annex 4 (b) to the Final Act embodying the results of the Uruguay round of multilateral trade negotiations, available at http www.wto.org english docs_e legal_e gpr 94_e.pdf).

The international community should give urgent consideration to the requests of the Humanitarian Coordinator for funds to procure the outstanding non food items needed to facilitate returns.

Returns the position of a substring in the string, or 1 if it is not found. String is searched backwards

The openness of public procurement can also facilitate the formation and monitoring of cartel agreements.