Approved Purchasing System Sample Clauses

Approved Purchasing System. An approved purchasing system means the Contractor’s purchasing system has been approved under a Contractor Purchasing System Review (CPSR) for efficiency and effectiveness with which the Contractor spends Government funds and complies with Government policy when subcontracting. Advance notification requirements for subcontracting and consent to subcontract are not required when a Contractor has an approved purchasing system unless otherwise requested by the OCO on an individual task order or task orders with no subcontracting possibilities or for commercial items acquired under FAR Part 12. An Approved Purchasing System is not mandatory; however, Contractors are encouraged to have a purchasing system approved by the Defense Contract Management Agency (DCMA) or other cognizant Government administration office for the entire term of OASIS. The Contractor shall notify the OASIS CO and designated OCO for affected task orders, in writing, if there are any changes in the status of their purchasing system and provide the reasons for the change and copies of CPSR reports, as applicable.
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Approved Purchasing System. The Contractor shall maintain an Approved Purchasing System and submit updates, if applicable
Approved Purchasing System. An approved purchasing system means the Contractor’s purchasing system has been audited under a Contractor Purchasing System Review (CPSR) for efficiency and effectiveness with which the Contractor spends Government funds and complies with Government policy when subcontracting. Advance notification requirements for subcontracting and consent to subcontract are not required when a Contractor has an approved purchasing system unless otherwise requested by the OCO on an individual task order with no subcontracting possibilities or for commercial items acquired under FAR Part 12. An approved purchasing system is not mandatory; however, Contractors are encouraged to have a purchasing system audited by DCMA or any CFA other than DCMA for the entire ordering period of its HCaTS SB contract. If the Contractor’s contract is inclusive of an approved purchasing system, the Contractor shall maintain it for the rest of the ordering period. The Contractor shall notify the HCaTS SB CO and designated OCO(s) for affected task orders, in writing, if there are any changes in the status of its approved purchasing system and provide the reason(s) for the change and copies of CPSR reports, as applicable.
Approved Purchasing System. An approved purchasing system means the Contractor’s purchasing system has been approved under a Contractor Purchasing System Review (CPSR) for efficiency and effectiveness with which the Contractor spends Government funds and complies with Government policy when subcontracting.

Related to Approved Purchasing System

  • Purchasing Card The State has implemented a purchasing card (P-Card). The Contractor may receive payments via the State’s P-Card. P-Card acceptance for purchases is a mandatory requirement for the Contract but is not the exclusive method of payment. If the State changes its P-Card platform during the term of Contract, the Contractor shall make all necessary changes to accept payment via the State’s new P-Card platform within 30 calendar days of notification of such change.

  • Acceptance; Purchase Buyer shall accept the goods and pay the annual amount not- to-exceed $28,424.00 for the goods in accordance with the terms of this Agreement.

  • Cooperative Purchasing Pursuant to their own governing laws, and subject to the agreement of the Contractor, governmental entities that are not Customers may make purchases under the terms and conditions contained herein, if agreed to by Contractor. Such purchases are independent of the Contract between the Department and the Contractor, and the Department is not a party to these transactions. Agencies seeking to make purchases under this Contract are required to follow the requirements of Rule 60A-1.045(5), F.A.C.

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