Examples of Vendor of Record in a sentence
The Vendor of Record Agreement may be either the City’s own competitively established VOR or one of the Ontario Ministry of Government and Consumer Services (MGCS) VORs available to municipalities.
The next steps the CPG is working on include continuing to identify joint procurement opportunities, implementing and tracking the cost saving and other metrics established by the CPG, reviewing the processes and legal terms to determine standardization amongst the Agencies where possible, and comparing procurement opportunities against the Provincial Vendor of Record (VOR) system.
The combined contract value will be redistributed amongst the five (5) Vendor of Record contracts.
The typical result of this procedure is a Vendor of Record (VOR) or a preferred suppliers list.
The typical result of this procedure is referred to as a Vendor of Record (VOR) or a preferred suppliers list.
The Corporation of the Township of North Dundas is part of the Broader Public Service of the Province of Ontario and as such may be eligible for concessions (discounts) on vehicles included in the Ministry of Government Services Vendor of Record arrangement OSS - 00634452.
This includes taking advantage of opportunities to minimize costs, as well as generate savings and efficiencies on products and services through the use of Vendor of Record (VOR) arrangements as outlined in the Interim Measures of the Broader Public Sector Procurement Directive.
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To encourage “Centralized Procurement with De-centralized Ordering” by instituting blanket purchase orders or Vendor of Record contracts, by encouraging the use of purchasing cards, and utilizing Authorized Purchasing Contacts and staff within departments for the day to day ordering and the purchasing function wherever valuable and practical.
Where products or services are known to be required for ongoing emergency response, they must be considered for Contract Vendor of Record (CVOR), allowing a competitive process and aggregation of spending.