Methods of procurement definition

Methods of procurement means formal advertising, limited solicitation, or negotiation as follows:
Methods of procurement means formal solicitation, informal solicitation, or negotiation as follows:
Methods of procurement means open bidding, restricted bidding or single-source procurement.

Examples of Methods of procurement in a sentence

  • Except as otherwise set forth in the Procurement Plan, Goods and Works shall only be procured on the basis of the methods of procurement set forth below: National Competitive Bidding Shopping Methods of procurement are subject to, among other things, the detailed arrangements and threshold values set forth in the Procurement Plan.

  • Methods of procurement to be followed — Procurement by small purchase procedures.

  • Methods of procurement, bidding requirements, special circumstances, general requirements, and all other procurement oversight will all be described in WDBCO’s Procurement and Contract Procedure Manual.

Related to Methods of procurement

  • 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;