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 Project Officer shall be responsible for completing the evaluations and providing a copy to the Contractor and County Procurement Officer.

  • Service fees paid by the Funds are in addition to other fees paid by the Funds such as those paid pursuant to an Agreement for Fund Accounting Services, Administrative Services, Transfer Agency Services and Custody Services Procurement and fees paid pursuant to each Fund’s Distributor’s Contract.

  • Procurement transactions shall be conducted to provide maximum open and free competition.

  • Procurement Documentation: Per 2 C.F.R. § 200.318(1), subrecipfents are required to maintain and retain records sufficient to detail the history of procurement covering at least the rationale for the procurement method, selection of contract type, contractor selection or rejection, and the basis for the contract price.

  • Xxxxxxx Xxxxxxxx Date Director, Office of Small and Disadvantaged Business Utilization U.S. Department of the Interior Xxxxxxx_xxxxxxxx@xxx.xxx.xxx Xxxxx Xxxxx Date Senior Procurement Executive Director, Office of Acquisition and Property Management U.S. Department of the Interior Xxxxx_xxxxx@xxx.xxx.xxx For SBA: September 27, 2_022 Xxxxx X.


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;