Examples of Single Sourcing in a sentence
Single Sourcing is a method of procurement whereby there is more than one vendor able to supply and a purchase order is issued or contract awarded without a competitive bidding process.
Single Sourcing will be permitted if one or more of the following circumstances apply: 1.
The Company and the Union recognize that the manufacturing operations of the Company are highly and completely integrated with Single Sourcing and Just In Time delivery requirements of the Company’s customers which may from time to time require emergency overtime.
The use of Sole and Single Sourcing with a particular vendor exceeding $25,000 must be reported to Council.
Single Sourcing – where purchases are made through a selected supplier, even though there are other suppliers that provide similar supplies or service.