Informal Procurement definition

Informal Procurement means the procurement of goods or services for not more than $50,000.
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Informal Procurement means the procurement of goods and services by Port Authority employees, as delegated from time-to-time by the Port Commission pursuant to Texas Water Code Chapter 60; under current law Port Authority employees may make routine purchases and enter into contracts valued up to and including $50,000.
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Informal Procurement means procurement in which there are minimal procedural requirements, and without limiting the generality of the foregoing, includes procurement in which there is no requirement to obtain competitive pricing.
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Examples of Informal Procurement in a sentence

  • Developing Rules for Purchasing☐ Purchasing and Procurement: Micro Purchasing☐ Small and Informal Procurement in Child Nutrition Programs☐ Train all staff on Civil Rights and responsibilities specific to their role within the program.

  • Informal Procurement Methods When the value of the procurement for property or services under a Federal award does not exceed the simplified acquisition threshold, or a lower threshold established by the State, formal procurement methods are not required.

  • Except in cases of Emergency, Special Procurement, or when only a Single Seller is reasonably available, when procuring Construction-Related Services, Institutions will conduct the procurement in accordance with the Direct Procurement, Informal Procurement, or Formal Procurement method, unless another method is applicable, based on the anticipated Contract Price, including reimbursable expenses and all Change Orders contemplated by the parties.

  • If so, how will you measure and evaluate the effects of this project aside from the required reportingAt least 3 vendor documented quotes, and Informal Procurement Solicitation Record Equipment Questions – Describe the costs associated with this project and include an itemized accounting of your requested amount, including any preparation and installation costs associated with the item.

  • Except in cases of Emergency, Special Procurement, or when only a Single Seller is reasonably available, when procuring Professional Consultant services, Institutions will conduct the procurement in accordance with the Direct Procurement, Informal Procurement, or Formal Procurement method, unless another method is applicable, based on the anticipated Contract Price, including consultant fees, reimbursable expenses, and all amendments contemplated by the parties.

  • Checklist, continued Completed Application Form with 3 vendor written quotes, submit completed attached Informal Procurement Solicitation Record Signed Assurances Page Detailed Cost Breakdown (equipment price, installation cost detail, intrinsic component cost, etc.) Supplemental Information that may explain and support the equipment costs or proposal goals.

  • The informal methods used for procurement of property or services at or below the SAT include: Informal Procurement Methods • Micro-purchases - The acquisition of supplies or services, the aggregate dollar amount of which does not exceed the micro-purchase threshold as defined in 2 CFR 200.1.• Small Purchases - The acquisition of property or services, the aggregate dollar amount of which is higher than the micro-purchase threshold but does not exceed the simplified acquisition threshold.

  • The goal of the Informal Procurement Through Quotation Process is to obtain competitive pricing for a one-time procurement valued at greater than $10,000 and less than or equal to $25,000, in an expeditious and cost effective manner.

  • Informal Procurement is used for the procurement of goods or non-consulting services > $ 0 up to $ 25,000.

  • If the estimated expenditure for such work falls under the Informal Procurement thresholds as set forth in the Procurement Thresholds chart above, the District shall obtain at least one informal quote.


More Definitions of Informal Procurement

Informal Procurement means a competitive process, undertakenusing a direct solicitation or by conducting online research;
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Related to Informal Procurement

  • e-Procurement means the use of information and communication technology (especially the internet) by the Procuring Entity in conducting its procurement processes with bidders for the acquisition of goods (supplies), works and services with the aim of open, non discriminatory and efficient procurement through transparent procedures;

  • Procurement item means an item of personal property, a technology, a service, or a construction project.

  • Mis-procurement means public procurement in contravention of any provision of Sindh Public Procurement Act, 2010, any rule, regulation, order or instruction made thereunder or any other law in respect thereof, or relating to, public procurement;

  • Cooperative procurement means procurement conducted by, or on behalf of:

  • 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 Regulations means, for purposes of paragraph 85 of the Appendix to the General Conditions, the “World Bank Procurement Regulations for IPF Borrowers”, dated November 2020.

  • FIRM PROCUREMENT means the agreement between the parties for mutually agreed terms and conditions with commitment of Quantity Ordered.

  • Procurement Process means the process commenced by the issuing of this Invitation and concluding upon the award of a contract (or other outcome as determined by Tetra Tech International Development) or upon the earlier termination of the process

  • Ombud ’ means each of the following:

  • Public Procurement means the acquisition by any means of goods, works or services by the government;

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Procurement Code means §13-1-101, et seq., XXXX 0000, as amended and supplemented from time to time.

  • Informant means an individual(s), who voluntarily submits to the Board a Voluntary Information Disclosure Form relating to an alleged violation of insider trading laws that has occurred, is occurring or has a reasonable belief that it is about to occur, in a manner provided under these regulations, regardless of whether such individual(s) satisfies the requirements, procedures and conditions to qualify for a reward;

  • WorkSafeBC means the Workers Compensation Board, a provincial Crown corporation created pursuant to the Workers Compensation Act (British Columbia);

  • Procurement Services shall refer to a business unit of OGS, formerly known as New York State Procurement (“NYSPro”) and Procurement Services Group (“PSG”).

  • Technical safeguards means the technology and the policy and procedures for its use that 27 protect electronic PHI and control access to it.

  • government procurement means the process by which a government obtains the use of or acquires goods or services, or any combination thereof, for governmental purposes and not with a view to commercial sale or resale, or use in the production or supply of goods or services for commercial sale or resale;

  • Sole source procurement means a procurement without competition pursuant to a determination under Subsection 63G-6a-802(1)(a) that there is only one source for the procurement item.

  • LOCKHEED XXXXXX Procurement Representative means a person authorized by LOCKHEED XXXXXX'x cognizant procurement organization to administer and/or execute this Contract.

  • Sustainability Coordinator means BofA Securities, Inc., in its capacity as the sustainability coordinator.

  • Mobile crisis outreach team means a crisis intervention service for minors or families of minors experiencing behavioral health or psychiatric emergencies.

  • Procurement Methods means any one of the procurement modes / methods as provided in the Punjab Procurement Rules 2014 published by the Punjab Procurement Regulatory Authority (PPRA), Government of Punjab, as amended from time to time.

  • Development regulations or "regulation" means the controls

  • Collaborative practice means that a physician may delegate aspects of drug therapy management for the physician’s patients to an authorized pharmacist through a community practice protocol. “Collaborative practice” also means that a P&T committee may authorize hospital pharmacists to perform drug therapy management for inpatients and hospital clinic patients through a hospital practice protocol.

  • Collaborative drug therapy management means participation by an authorized pharmacist and a physician in the management of drug therapy pursuant to a written community practice protocol or a written hospital practice protocol.

  • Contractor Commercially Sensitive Information means the information listed in the Contractor Commercial Sensitive Information Annex to the Contract being information notified by the Contractor to the Authority which is acknowledged by the Authority as being commercially sensitive information.