Examples of Definite quantity contract in a sentence
Definite quantity contract means a contract which requires the contractor to furnish a specified quantity of goods, services, or construction at or within specified time.
Definite Quantity Contract – Definite quantity contract whereby the contractor(s) agrees to furnish a specific quantity of an item or items at a specified price and time to specified locations.
Definite quantity contract: A contract that provides for delivery of a definite quantity of specific supplies or services for a fixed period, with deliveries to be scheduled at designated locations upon order.
In carrying out the provisions of subsection (a) of this section, the county director of purchasing is authorized to prescribe in the purchasing procedure regulations, adopted pursuant to section 2-336, the use of various types of contracts and orders, including, but not limited to the following: Definite quantity contract, whereby the contractor agrees to furnish the specified quantity of supplies, materials or equipment to a specified time.