Centralized purchasing definition

Centralized purchasing means the procurement of tangible personal property by persons who purchase tangible personal property solely for use or consumption outside Illinois, who take delivery of that tangible personal property in Illinois and who temporarily store that tangible personal property in Illinois prior to transporting it outside the State for use or consumption solely outside Illinois.
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Centralized purchasing means that only the Purchasing Manager and designees have the authority to purchase, negotiate and/or contract for supplies, services and equipment on behalf of the OCFA.
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Centralized purchasing means the purchase for state agencies of materials, supplies, and equipment by the Office of Procurement.
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Examples of Centralized purchasing in a sentence

  • Centralized purchasing designed to achieve savings due to the volume of purchases, the timing of purchases, or the interchangeability of purchased items among the parts of the business engaging in the purchasing provides evidence of economies of scale.

  • Centralized purchasing function Harper College will maintain a centralized purchasing function.

  • Centralized purchasing, marketing, advertising, account- ing, or research and development.

  • Centralized purchasing is the act of combining related items or commodities of various schools and departments to coordinate purchases and obtain better prices.

  • Centralized purchasing, Decentralized purchasing, Purchase procedure.

  • Centralized purchasing organizations shall acquire all rights and obligations of contracting authorities as provided for by this Law, and shall bear responsibility under the laws of Ukraine.

  • Centralized purchasing designed to achieve savings due to the volume of purchases, the timing of purchases, or the interchangeability of purchased items among the parts of the business engaging in the purchasing provides evidence of economies of scale.¶ (B) Centralized Administrative Functions.

  • Centralized purchasing has been established for certain commonly shared materials or services, such as cellular phone services.

  • Centralized purchasing would reduce time and administrative costs because goods would be procured by a central unit rather than multiple regional or lower-level administrative bodies and bear minimal financial and accounting management requirements.6 These items may then be listed in an electronic catalogue to allow localinstitutions to order needed goods.7 00.

  • Centralized purchasing organizations acquire all rights and obligations of the contracting authorities defined by this Law and bear responsibility in accordance with the laws of Ukraine.


More Definitions of Centralized purchasing

Centralized purchasing means in this regard the activities conducted by the Purchasing Division of the Administrative Services Department that is responsible for the Purchase of all Goods and/or Services as provided by this By-law.
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Related to Centralized purchasing

  • Centralized prescription processing means the processing by a pharmacy of a request from another pharmacy to fill or refill a prescription drug order or to perform processing functions such as dispensing, drug utilization review, claims adjudication, refill authorizations, and therapeutic interventions.

  • Approved purchasing system means a Contractor’s purchasing system that has been reviewed and approved in accordance with Part 44 of the Federal Acquisition Regulation (FAR)

  • Authorized Purchaser means an individual authorized by a Participating Entity to place orders against this contract.

  • Purchasing means the County of Eddy Purchasing Office or the Eddy County Purchasing Agent.

  • Cooperative purchasing means procurement conducted by, or on behalf of, more than one public procurement unit.

  • Dynamic Purchasing System means a completely electronic process for making commonly used purchases of items generally available on the market;

  • Purchasing Agent means the head of the City’s Purchasing Division, or a designated contact person acting for him or at his direction.

  • Funds-transfer system means a wire transfer network, automated clearinghouse, or other communication system of a clearinghouse or other association of banks through which a payment order by a bank may be transmitted to the bank to which the order is addressed.

  • Centralized Message Distribution System (CMDS) means the transport system that LECs use to exchange outcollect and Carrier Access Billing System “CABS” access messages among each other and other Parties connected to CMDS.

  • Purchasing Card or “P-Card” means The State of West Virginia’s Purchasing Card program, administered under contract by a banking institution, processes payment for goods and services through state designated credit cards.

  • Purchasing agency means any governmental body other than the chief procurement officers authorized by this code or by way of delegation from the chief procurement officers to enter into contracts.

  • Designated Purchaser has the meaning set forth in Section 7.11(b).

  • State Purchasing Agent means the director of the purchasing division of the general services department.

  • Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.

  • Purchasing Authority means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the Purchaser.

  • Purchasing group means any group which:

  • Purchasing Party means CIG Media LLC, NBC Universal, Inc. and their respective Affiliates.

  • Authorized Purpose means the specific purpose or purposes described in the Base Contract for Contractor to fulfill its obligations under the Base Contract, or any other purpose expressly authorized by HHS in writing in advance.

  • Purchasing Member has the meaning set forth in Section 9.2(c).

  • Reference Interconnection Offer or “RIO” means a document published by a service provider specifying terms and conditions on which the other service provider may seek interconnection with such service provider;

  • smart metering system means an electronic system that can measure energy consumption, providing more information than a conventional meter, and can transmit and receive data for information, monitoring and control purposes, using a form of electronic communication;

  • Purchasing Entity means any entity or organization that has been authorized by the State to place Orders with the Contractor, and may include, without limitation, agencies of the State, government supported institution of higher education within the State, political subdivisions of the State, authorized non-profit organizations and other authorized entities.

  • Institutional fund means a fund held by an institution exclusively for charitable purposes. The term does not include:

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Qualified Purchaser has the meaning assigned to such term in Section 12.06(e).