Methods of procurement definition

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

  • Methods of procurement (e.g., small purchase, sealed bids/formal advertising, competitive proposals, and noncompetitive proposals) and their applicability shall be specified by the state.

  • Methods of procurement: the following methods of procurement shall be used for procurement under the Project.

  • Methods of procurement will be followed as previously detailed on page 2 – LTMI Purchasing Policy Steps 1-5.

  • Information on when competition is required and when exceptions to competition are permitted are located in 2 CFR 200.319, Competition, and 2 CFR 200.320, Methods of procurement to be followed.

  • Methods of procurement to be adopted as well as review of contracts by the World Bank will be decided based on the total value of a tender/IFB rather than on the value of each individual contract/ schedule/ lot/ slice within the tender.

  • Methods of procurement for acquisition of products and services from the open market are specified in Section 1.6 below.

  • With the final procurement guidance now implemented, OMB Memorandum M-18-18 is rescinded.200.320 Methods of procurement to be followed There were nearly 100 comments received relating to this section.

  • Methods of procurement may include, but not be limited to, petty cash, contracts, and purchase orders.

  • Information on whencompetition is required and when exceptions to competition are permitted are located in 2 CFR 200.319, Competition, and 2 CFR 200.320, Methods of procurement to be followed.

  • Methods of procurement refer to the ways in which NYCHA purchases and solicits goods and services.

Related to Methods of procurement

  • 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.

  • 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.

  • Codes of Practice means all codes of practice, rules of procedure, guidelines, directions, scheme rules and other requirements issued by the Bank System and specified from time to time as being applicable to the EMV PSP Service and your use of those.

  • Interoperability means the ability of a CenturyLink OSS Function to process seamlessly (i.e., without any manual intervention) business transactions with CLEC's OSS application, and vice versa, by means of secure exchange of transaction data models that use data fields and usage rules that can be received and processed by the other Party to achieve the intended OSS Function and related response. (See also Electronic Bonding.)

  • Development regulations or "regulation" means the controls

  • 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.

  • Load Shedding means the systematic reduction of system demand by temporarily decreasing load in response to transmission system or area capacity shortages, system instability, or voltage control considerations under Tariff, Part II or Part III.