Procurement definition

Procurement means the purchasing, buying, renting, leasing, or otherwise obtaining of any supplies, services, or construction. It includes all functions that pertain to the procurement of any supply, service, or construction item, including description of requirements, selection and solicitation of sources, preparation and award of contract, and all phases of contract administration;

Procurement means any method used to solicit or establish a contract (e.g., invitation for bid, request for proposal, single/sole source, etc.)

Procurement means buying, purchasing, renting, leasing, or otherwise acquiring any supplies, services, information technology, or construction. It also includes all functions that pertain to the obtaining of any supply, service, information technology, or construction, including description of requirements, selection, and solicitation of sources, preparation and award of contracts, and all phases of contract administration.

Examples of Procurement in a sentence

• The Manager, Procurement Division will sign an exemption certificate submitted by the Contractor.

• All price adjustments must be accepted by the Manager, Procurement Division and shall be memorialized by written amendment to this contract.

• If the Manager, Procurement Division determines that the Contractor’s performance is less than satisfactory, the County may order the goods or services from other sources until the deficient performance has been cured or the contract terminated.

• To request a price increase, Contractor shall submit a letter stating the percentage amount of the requested increase and adjusted price to the Orange County Procurement Division.

• The maximum allowable increase shall not exceed 4%, unless authorized by the Manager, Procurement Division.

More Definitions of Procurement

Procurement means buying, purchasing, renting, leasing, or otherwise acquiring any supplies, services, or construction. The term also includes all activities that pertain to obtaining any supply, service, or construction, including description of requirements, selection and solicitation of sources, preparation and award of contract, as well as the disposition of any Protest.

Procurement means the process used to establish a Contract that facilitates the provision of the Services;

Procurement means the purchasing, buying, renting, leasing, or otherwise

Procurement means acquisition by any means, including by purchase, rental, lease or conditional sale, of goods or services.

Procurement means buying, purchasing, renting, leasing or otherwise acquiring any goods and/or services for public purposes in accordance with the law, rules, regulations and procedures intended to provide for the economic expenditure of public funds. For the purpose of this policy, procurement refers to those goods and/or services, except professional services, solicited by the Department of Purchasing pursuant to District and Department of Education requirements.

Procurement means obtaining Medically Necessary human organs or tissue for a Covered Transplant Procedure as determined by HPN and includes donor search, testing, removal, preservation and transportation of the donated organ or tissue. Procurement will also apply to medically appropriate donor testing services including, but not limited to, HLA typing, subject to any maximum procurement benefit amount. Procurement does not include maintenance of a donor while the Member is awaiting the transplant.

Procurement means acquisition;