Major purchase definition
Major purchase. – shall mean the purchase of goods or services that, in the aggregate, exceeds $10,000.
Major purchase means the purchase of goods or services that, in the aggregate, exceeds $5000. - Capital Campaign Steering Committee – shall mean the committee constituted to contract for the procurement of goods or services in furtherance of the Capital Campaign, including issuing requests for proposals (RFPs), reviewing responses thereto and accepting any proposals. - Vendor – any person or entity that provides goods or services subject to this Protocol.
Major purchase. – shall mean the purchase of goods or services that, in the aggregate, exceeds $5000.
Examples of Major purchase in a sentence
Major purchase is defined as purchase of an item where the cost is greater than $500 or where the service/maintenance period on the equipment is greater than one year and could exceed $500 in total maintenance costs.