Procurement definition

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 means any method used to solicit or establish a contract (e.g., invitation for bid, request for proposal, single/sole source, etc.)
Procurement means buying, purchasing, renting, leasing, or otherwise acquiring any supplies, services, information technology, or construction. It also includes all functions that pertain to the obtaining of any supply, service, information technology, or construction, including description of requirements, selection, and solicitation of sources, preparation and award of contracts, and all phases of contract administration.

Examples of Procurement in a sentence

  • THIS AGREEMENT made the day of 20 between ……………… [name of Procurement entity) of ………..

  • Save as disclosed, none of the Directors is required to abstain from voting on the relevant board resolutions to approve the Procurement Agreement and the transactions contemplated thereunder under the amended and restated bye-laws of the Company or the Listing Rules.

  • Issues concerning interpretation and eligibility for participation are solely within the authority of the State of Vermont Chief Procurement Officer.

  • Advanced $102.50 4240 ERP Systems Support Specialist No Variance $85.00 4250 ERP Systems Administrator No Variance $102.00 4600 Basis/Ale Technical Consultant No Variance $140.00 Sourcing and Vendor Relationship Management 4800 Chief Sourcing Officer No Variance $200.00 4810 Manager IT Procurement No Variance $140.00 4820 IT Procurement Specialist No Variance $72.50 5000 Manager, Vendor Relationships 1.

  • The insurance maintained by Company must conform at all times with Authority’s Standard Procedure S250.06, Contractual Insurance Terms and Conditions, which may be amended from time to time, and is posted on Authority website at xxx.XxxxxXxxxxxx.xxx > Learn about TPA > Airport Business > Procurement > Supplier.


More Definitions of Procurement

Procurement means buying, purchasing, renting, leasing, or otherwise acquiring any supplies, services, or construction. The term also includes all activities that pertain to obtaining any supply, service, or construction, including description of requirements, selection and solicitation of sources, preparation and award of contract, as well as the disposition of any Protest.
Procurement means the process used to establish a Contract that facilitates the provision of the Services;
Procurement means acquisition by any means, including by purchase, rental, lease or conditional sale, of goods or services.
Procurement means the purchasing, buying, renting, leasing, or otherwise
Procurement means buying, purchasing, renting, leasing or otherwise acquiring any goods and/or services for public purposes in accordance with the law, rules, regulations and procedures intended to provide for the economic expenditure of public funds. For the purpose of this policy, procurement refers to those goods and/or services, except professional services, solicited by the Department of Purchasing pursuant to District and Department of Education requirements.
Procurement. “procure,” or “purchase” means the acquisition of goods and services through lease, lease/purchase, acceptance of, contracting for, obtaining title to, use of, or any other manner or method for acquiring an interest in a good or service.
Procurement means acquisition;