STANDING PURCHASE ORDER definition

STANDING PURCHASE ORDER means a Contract between the City of Sault Ste. Marie and a supplier for the supply of frequently ordered Goods or Services at specified unit prices where possible, maximum dollar limits, or discounts; but not specified quantities;
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STANDING PURCHASE ORDER means a procurement, approved by the Finance Department and the Director of the issuing Department, which establishes prices or methods for determining prices, terms and conditions and the period of time during which a Vendor agrees to provide specified Goods or Services to the City upon demand. Standing Purchase Orders may only be issued for a period not exceeding two (2) years except where Council has approved a longer term.
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STANDING PURCHASE ORDER means a Purchase Order which establishes prices or a method for determining prices, terms and conditions and the period during which a vendor agrees to provide goods or services to the purchaser upon the purchaser’s demand.
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More Definitions of STANDING PURCHASE ORDER

STANDING PURCHASE ORDER means a Purchase Order, which establishes prices or a method for determining prices, terms and conditions, and the period of time during which a vendor agrees to provide goods or services to the purchaser upon the purchaser’s demand. This may be for a period not exceeding two (2) years.
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Related to STANDING PURCHASE ORDER

  • The Purchase Order means the order placed by the Purchaser on the Supplier signed by the Purchaser including all attachments and appendices thereto and all documents incorporated by reference therein. The purchase order shall be deemed as "Contract" appearing in the document.

  • Purchase Order means the form or format a Customer uses to make a purchase under the Contract (e.g., a formal written purchase order, electronic purchase order, procurement card, contract or other authorized means).

  • IITK Purchase Order means the IITK’s official Purchase Order document;

  • Purchase Order (PO) means a written offer made by a purchaser to a supplier formally stating the terms and conditions of a proposed transaction.

  • Purchase Order(s) means official orders issued by an operating division of Transnet to the Supplier/Service Provider for the supply of Goods or Services;