Split Purchasing definition

Split Purchasing means dividing a purchase into two or more transactions for the purpose of staying below the individual transaction limit of $5,000.00 or for the purpose of evading a competitive bidding requirement.
Split Purchasing means dividing or failing to consolidate a known quantity of products for the purpose of evading:
Split Purchasing means when a recognized need for a certain volume of goods, services,

Examples of Split Purchasing in a sentence

  • Split Purchasing – The practice of artificially dividing a single purchase to avoid the Single Purchase Limit, which is misuse of the card as per State of Louisiana Office of State Purchasing regulations and Executive Order “Small Purchases Procedures.” Supervisor/Budget Head - Individual(s) within the College who is responsible for requesting P-Cards for departmental employees who make official purchases.

  • Split Purchasing Prohibited• Purchases shall not be artificially divided to avoid the competitive process or the solicitation of competitive sealed bids.

  • Split Purchasing –The practice of artificially dividing a single purchase to avoid the Single Purchase Limit, which is misuse of the card as per State of Louisiana Office of State Purchasing regulations and Executive Order “Small Purchases Procedures.” Supervisor/Budget Head - Individual(s) within the College who is responsible for requesting Travel Card/CBA for departmental employees who make official purchases may also be the Approver of the Travel Card.

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  • Criteria: The Central Purchasing PROCUREMENT INFORMATION MEMORANDUM (Number 2009-03) Split Purchasing – Policy Guidance states in part: 2.

  • Retrieved August 5, 2010, from Australian Association of Research in Education: www.aare.edu.au/06pap/sub6080 Templeton, S.

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  • Criteria: The Central Purchasing PROCUREMENT INFORMATION MEMORANDUM (Num- ber 2009-03) Split Purchasing – Policy Guidance states in part: 2.


More Definitions of Split Purchasing

Split Purchasing means dividing or failing to consolidate a known quantity of goods

Related to Split Purchasing

  • Purchasing means the County of Eddy Purchasing Office or the Eddy County Purchasing Agent.

  • Purchasing Agent means the head of the City’s Purchasing Division, or a designated contact person acting for him or at his direction.

  • Purchasing Card or “P-Card” means The State of West Virginia’s Purchasing Card program, administered under contract by a banking institution, processes payment for goods and services through state designated credit cards.

  • Purchasing group means any group which:

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

  • Purchasing agency means any governmental body other than the chief procurement officers authorized by this code or by way of delegation from the chief procurement officers to enter into contracts.

  • Cooperative purchasing means procurement conducted by, or on behalf of, more than one public procurement unit.

  • State Purchasing Agent means the director of the purchasing division of the general services department.

  • Purchasing Entity means any entity or organization that has been authorized by the State to place Orders with the Contractor, and may include, without limitation, agencies of the State, government supported institution of higher education within the State, political subdivisions of the State, authorized non-profit organizations and other authorized entities.

  • Purchasing cooperative means a group purchasing organization that governmental entities join as members and the managing en- tity of which receives fees from members or vendors.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • 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.

  • Dynamic Purchasing System means a completely electronic process for making commonly used purchases of items generally available on the market;

  • Purchasing Authority means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the Purchaser.

  • Public purchasing body means the State or the subdivision or agency making a public purchase. Government Code Section 4550.

  • Approved purchasing system means a Contractor’s purchasing system that has been reviewed and approved in accordance with Part 44 of the Federal Acquisition Regulation (FAR)

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Licensed financial institution means a financial institution issued a license under this act.