Procurement definition

Procurement means the purchasing, buying, renting, leasing, or otherwise obtaining of any supplies, services, or construction. It includes all functions that pertain to the procurement of any supply, service, or construction item, including description of requirements, selection and solicitation of sources, preparation and award of contract, and all phases of contract administration;
Procurement means any method used to solicit or establish a contract (e.g., invitation for bid, request for proposal, single/sole source, etc.)
Procurement means buying, purchasing, renting, leasing, or otherwise acquiring any supplies, services, information technology, or construction. It also includes all functions that pertain to the obtaining of any supply, service, information technology, or construction, including description of requirements, selection, and solicitation of sources, preparation and award of contracts, and all phases of contract administration.

Examples of Procurement in a sentence

  • Sourcewell's Authorized Representative is its Chief Procurement Officer.

  • As a privately-owned company Xxxxxxx, Inc (dba JMI) is invoking the protections of § 2.2-3700 of the Code of Virginia and § 34 (F) of the Rules Governing Procurement of Goods, Services, Insurance and Construction by a Public Institution of Higher Education of the Commonwealth for all client case study information included on pages 5 through 14 of VCU RFP #171187234EC.

  • A Delegated Signer approves account forms sent to Administration, requests card issuance, and ensures new cardholders are trained on internal Procurement Card policy and procedure.

  • The Procurement Plan shall specify the circumstances under which such methods may be used.

  • The modifications described above are intended to be modifications by agreement approved by the Authority Board, as expressly authorized in the Authority Procurement Policy.


More Definitions of Procurement

Procurement means buying, purchasing, renting, leasing, or otherwise acquiring any supplies, services, or construction. The term also includes all activities that pertain to obtaining any supply, service, or construction, including description of requirements, selection and solicitation of sources, preparation and award of contract, as well as the disposition of any Protest.
Procurement means the process used to establish a Contract that facilitates the provision of the Services;
Procurement means the purchasing, buying, renting, leasing, or otherwise
Procurement means acquisition by any means, including by purchase, rental, lease or conditional sale, of goods or services.
Procurement means buying, purchasing, renting, leasing or otherwise acquiring any goods and/or services for public purposes in accordance with the law, rules, regulations and procedures intended to provide for the economic expenditure of public funds. For the purpose of this policy, procurement refers to those goods and/or services, except professional services, solicited by the Department of Purchasing pursuant to District and Department of Education requirements.
Procurement means obtaining Medically Necessary human organs or tissue for a Covered Transplant Procedure as determined by HPN and includes donor search, testing, removal, preservation and transportation of the donated organ or tissue. Procurement will also apply to medically appropriate donor testing services including, but not limited to, HLA typing, subject to any maximum procurement benefit amount. Procurement does not include maintenance of a donor while the Member is awaiting the transplant.
Procurement means acquisition;