Buying Group definition

Buying Group means a group of two or more members that combines the purchasing requirements and activities of the members of the group into one joint procurement process. Buying groups include cooperative arrangements in which individual members administer the procurement function for specific contracts for the group, and more formal corporate arrangements in which the Buying Group administers procurement for group members. Buying Groups may consist of a variety of entities, including any combination of procuring entities, private sector entities, or not-for-profit organizations;

Buying Group means a cooperative arrangement in which individual members administer the procurement function for specific contracts for the group, and more formal corporate arrangements in which the Buying Group administers procurement for group members. Buying groups may consist of a variety of entities, including any combination of procuring entities, private sector entities, or not-for-profit organizations.

Buying Group shall have the meaning set forth in Section 8.7.

Examples of Buying Group in a sentence

• The purpose of the Buying Group is to allow municipal aggregators to capture the benefits of collective purchasing power while retaining full municipal autonomy.

• Buying Group: The Town may elect to join with other municipal aggregators in combining its load for purposes of soliciting bids from Competitive Suppliers.

• Notwithstanding the foregoing, any amendment or waiver agreed to by the Company shall be effective only if authorized or approved in writing by the Special Committee or a majority of the members of the Board of Directors not affiliated with the Buying Group.

• In requesting bids to serve its customer load, the Municipality may act individually or as part of a Buying Group with other municipalities.

• Buying Group: The Municipality may elect to join with other municipal aggregators in combining its load for purposes of soliciting bids from Competitive Suppliers.

More Definitions of Buying Group

Buying Group means a non-public body that uses the leverage of the purchasing power of a group of member organizations to achieve cost efficiencies for these organizations based on their collective buying power;

Buying Group means the Purchaser and the Parent.

Buying Group means a cooperative arrangement in which individual members administer the procurement function for specific Goods or Services for the group and includes a buying group entity where the entity administers procurement for its members. Standing arrangements established by provincial, territorial, and federal governments that are open to municipalities are deemed to be Buying Group contracts under this policy.

Buying Group means Buyer and each of the Acquired Companies or any other member included in the consolidated tax filing of Buyer.

Buying Group means an association of members who use their combined purchasing power to achieve administrative efficiencies and where savings may accrue. Buying Groups may involve a variety of entities, including public sector, private sector, and not-for-profit organizations.

Buying Group has the meaning defined in paragraph 2.11;

Buying Group means a cooperative arrangement in which individual members administer the procurement function for specific Goods or Services for the group and includes a buying group entity where the entity administers procurement for its members and provincial/territorial and federal governments when establishing standing arrangements open to municipalities.