Purchasing Scheme definition

Purchasing Scheme means the retirement benefits scheme as specified on the Investment Certificate where the Trustees thereof have directly or indirectly paid a Premium on behalf of the Bondholder.
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Purchasing Scheme means the retirement benefits scheme as specified on the Application Form where the trustees thereof have directly or indirectly paid a Transfer Payment on behalf of the Bondholder.
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Purchasing Scheme means the retirement benefits scheme as specified on the Certificate of Unit Holding where the Trustees thereof have directly or indirectly made a contribution on behalf of the PRB Holder.
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Examples of Purchasing Scheme in a sentence

  • The extent to which this CSO will apply will depend upon the nature of the Purchasing Scheme.

  • Again, this will be dependant on the type of Purchasing Scheme used.

  • These are not identified specifically but generically and so new Purchasing Schemes may well fall within the permitted type of Purchasing Scheme without a requirement for a change in the CSOs themselves.

  • CSO 7.4: This CSO will apply only to the extent that it is relevant for a particular Purchasing Scheme.

  • CSO 7.3: Will apply where a Purchasing Scheme is used where the Responsible Officer is required to make a decision as to the choice of advertising media.

  • Quotes or written tenders may be procured by way of the Purchasing Scheme.

  • CSO 8.2, CSO 8.3 and CSO 8.4: Responsible Officers still need to ensure that if a Purchasing Scheme is used, then these requirements are complied with.

  • Financial Thresholds and Procedures CSO 7.1: Will apply where a Purchasing Scheme is used.

  • CSO 8.1: For contracts over the relevant EU threshold, the choice of purchasing procedure – including choice of the Purchasing Scheme (and thus procedure) should still be authorised in writing in advance.

  • Evaluation of quotes and tenders: Irrespective of the Purchasing Scheme used, the Council should be satisfied that the criteria used to select contractors meets its requirements and ensure that best value is obtained.

Related to Purchasing Scheme

  • Dynamic Purchasing System means a completely electronic process, which has a limited duration, for making commonly used purchases, as more particularly defined and described in the Public Contract Regulations 2015.

  • Purchase means taking by sale, lease, discount, negotiation, mortgage, pledge, lien, security interest, issue or reissue, gift, or any other voluntary transaction creating an interest in property.

  • Purchasing Manager means the person duly authorized to enter into and administer Contracts and make written determinations with respect to the Contract or his or her designee.

  • Purchasing Division means the West Virginia Department of Administration, Purchasing Division.