Vehicle acquisition definition
Vehicle acquisition means procurement of a vehicle by purchasing or leasing, or otherwise gaining possession or control of a vehicle.
Vehicle acquisition refers to the cost of purchase of vehicles, where it is more economical or more practical to purchase than to lease (e.g. armored vehicles, motorcycles), and where the vehicles are planned for primary use for the activities under the Agreement.
Examples of Vehicle acquisition in a sentence
Vehicle acquisition Shall be on an as-needed basis by Authorized Users via a competitive Mini-Bid process (see Section 2.42 Procurement Method).
Investment costs include: - Field equipment, - Communications equipment, - Data processing equipment, - Vehicle acquisition (if necessary), - Office equipment - All expenditures as defined as such by the PMSC.